This paper examines the value relevance of accounting fundamentals in the Mexican Stock Market ([BMV] – Bolsa Mexicana … de Valores). The research question that motivated the paper was: Can accounting fundamentals provide relevant information …

This paper examines the value relevance of accounting fundamentals in the Mexican Stock Market ([BMV] - Bolsa Mexicana … de Valores). The research question that motivated the paper was: Can accounting fundamentals provide relevant information …

returns of companies' accounting fundamentals, such as earnings-to-price, cash flow-to-price, past sales growth, long term and … and French risk factors. We explain this finding within the rational pricing paradigm : contemporaneous accounting … fundamentals may be better proxies for the future sensitivity to risk factors, than the historical covariance estimates. …

returns of companies' accounting fundamentals, such as earnings-to-price, cash flow-to-price, past sales growth, long term and … and French risk factors. We explain this finding within the rational pricing paradigm : contemporaneous accounting … fundamentals may be better proxies for the future sensitivity to risk factors, than the historical covariance estimates. …