The Value Relevance of the Variables Earnings and Book Value of Equity for Valuation Purposes
| dc.contributor.author | Matias Gama A.P. | |
| dc.contributor.author | Segura L.C. | |
| dc.contributor.author | Milani Filho M.A.F. | |
| dc.date.accessioned | 2024-03-13T00:50:17Z | |
| dc.date.available | 2024-03-13T00:50:17Z | |
| dc.date.issued | 2017 | |
| dc.description.abstract | © 2017, Springer Nature Singapore Pte Ltd.Since the seminal work of Ball and Brown (J Acc Res 6(2):159–1478, 1968) and Beaver (J Acc Res 6:179–192, 1968), extensive literature has examined the relationship between the prices of securities and (positive) results reported by companies. However, analysis of price/losses is scarce, with contradictory results obtained so far. Ratio (price versus losses) gained relevance in 1990s, with well-documented results in new economy companies (Shiller in Irrational exuberance. Princeton University Press, Princeton, 2000). It is for this group of companies that the phenomenon “positive valuation losses” assumes its great of significance, although it was not an entirely new phenomenon. For example, Amir and Lev (J Acc Econ 22(1–3):3–30, 1996) documented this relationship in the mobile phone sector, also with reference to the US market, in the 1980s. | |
| dc.description.firstpage | 43 | |
| dc.description.lastpage | 63 | |
| dc.identifier.doi | 10.1007/978-981-10-3009-3_3 | |
| dc.identifier.issn | 2509-7881 | |
| dc.identifier.uri | https://dspace.mackenzie.br/handle/10899/35808 | |
| dc.relation.ispartof | Accounting, Finance, Sustainability, Governance and Fraud | |
| dc.rights | Acesso Restrito | |
| dc.subject.otherlanguage | New economy companies | |
| dc.subject.otherlanguage | Positive valuation of losses | |
| dc.subject.otherlanguage | Value relevance of earnings and book value of equity | |
| dc.title | The Value Relevance of the Variables Earnings and Book Value of Equity for Valuation Purposes | |
| dc.type | Capítulo de livro | |
| local.scopus.citations | 0 | |
| local.scopus.eid | 2-s2.0-85090339617 | |
| local.scopus.updated | 2024-05-01 | |
| local.scopus.url | https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85090339617&origin=inward |