Shamy, Mostafa A. El; Al-Qenae, Rashid - In: International Journal of Accounting, Auditing and … 2 (2005) 1/2, pp. 153-167
This study investigates the change in the value-relevance of earnings and book values in equity valuation over the last 20 years in Kuwait. Following Collins et al. (1997) and Lev and Zarowin (1999), the study uses statistical association between stock prices and accounting data (earnings and...
