In this paper we investigate the value relevance of accounting information for the Greek listed companies for the period 1995-2009. For our purpose we examine the way that two accounting variables, earnings and book value, affect the share price. According to our findings from the statistical...

Purpose - Our purpose is to examine the impact of the financial crisis that occurred in the United States of America in 2008 on the value relevance of companies ‘financial statements. Also to examine what changed on the importance of the two most significant accounting variables, earnings and...

In this study we examine empirically the value relevance of earnings and cash flows in three major capital markets, two Anglo–Saxon, the UK and the USA and one code law country, France. Our dataset consists of more than 41,000 USA, UK and French firm–year observations over a nine...