Mostafa, Wael - In: Management Research Review 39 (2016) 12, pp. 1752-1778
and book values significantly explain stock prices; however, jointly, earnings have incremental explanatory power beyond … book values for stock prices whereas book values do not. These results suggest that in Egypt the income statement is much … cash flows and accruals, and annual returns; and the association between earnings and book values of equity, and stock …