Results 221 to 230 of about 31,370 (262)

Book value: intertemporal pricing and quality discrimination in the US market for books

International Journal of Industrial Organization, 2002
Publishers produce books in hardcover and paperback versions with different prices and time of market introduction. Analysis of detailed book-level data reveals that (i) market introduction time has a strong effect on sales, suggesting that time is the crucial dimension of discrimination; (ii) differences in markups cannot be explained by cost ...
Clerides, Sofronis, Clerides, Sofronis
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Stock Price, Earnings and Book Value in Managerial Performance Measures

SSRN Electronic Journal, 2005
This paper develops a multiperiod principal-agent model in which a manager must be given incentives to undertake investments and to exert personally costly effort. Investments are “soft” (e.g., intangible assets) and therefore entail measurement errors for the accounting system as it seeks to separate investments from operating expenditures.
Reichelstein, Stefan, Dutta, Sunil
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Price‐Earnings and Price‐to‐Book Anomalies: Tests of an Intrinsic Value Explanation*

Contemporary Accounting Research, 1993
Abstract. Price deviations from basic valuation models based on accounting earnings and book value of owners' equity are used to test the intrinsic value explanation of the price‐earnings and price‐book value anomalies. Relative price deviations from the implied benchmark prices are used to assign years into high and low deviation groups.
PATRICIA M. FAIRFIELD, TREVOR S. HARRIS
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Value relevance of price, earnings and book values in the Athens Stock Exchange

Managerial Finance, 2007
PurposeThis paper seeks to deal with the problem of the anomalous negative price‐earnings relation for firms listed in the Athens Stock Exchange (ASE).Design/methodology/approachThe simple earnings capitalization model is employed to investigate the association between price and earnings across profit and loss firms listed in the ASE.FindingsThis study
Afroditi Papadaki, Georgia Siougle
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Accounting earnings, book values and share prices in Malaysia

Asian Review of Accounting, 2003
The study aims to understand how published accounting information relates to share prices in a developed market in Asia, outside Japan. More specifically, the study aims to extend the international literature in market‐based accounting research by examining empirical evidence on relationships between share prices and the two summary accounting ...
Scott Pirie, Malcolm Smith
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Price to Earnings Ratio, Value to Book Ratio and Growth

SSRN Electronic Journal, 2013
The PER is the most commonly used parameter in the stock market. The PER is the result of dividing the equity market value by the company’s profit after tax. The PER depends on a number of factors, some of which are out of the company’s control, such as variations in interest rates, and others are intrinsic to the company, such as its risk, its growth ...
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