Earnings
Subtitle: Measurement, Disclosure, and the Impact on Equity Valuation
Publisher: The Research Foundation of AIMR and Blackwell Publishing, Incorporated
Published: August 1, 2000
Language: eng
Format: Paperback
Number of pages: 80
ISBN-13: 9780943205496
Subjects: Accounting; Investments & Securities - General; Business/Economics; Business & Economics; Business / Economics / Finance; Finance; Business & Economics / Corporate Finance; CORPORATIONS_FINANCE; SECURITIES; Corporate Finance
First sentence: In this chapter, we consider the empirical evidence for three aspects of the relevance of accounting earnings to valuation: the relationship between earnings data and stock prices, the information content of earnings data relative to the information content of cash flow data, and the use analysts make of earnings data in valuation.