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The effect of earnings quality and country-level institutions on the value relevance of earnings

✍ Scribed by Steven F. Cahan; David Emanuel; Jerry Sun


Publisher
Springer US
Year
2009
Tongue
English
Weight
258 KB
Volume
33
Category
Article
ISSN
0924-865X

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This study examines the value relevance of reported earnings and book value under pooling-of-interests and purchase accounting. Using a sample of 110 merger or acquisition transactions from the period 1988 to 1996, the value relevance of the two accounting approaches is investigated by examining the