Český finanční a účetní časopis 2007(4):67-72 | DOI: 10.18267/j.cfuc.248

Accounting Information and Share Values

Marie Zelenková
Ing. Marie Zelenková, Ph.D. - odborná asistentka; Katedra finančního účetnictví a auditingu, Fakulta financí a účetnictví, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3; <zelenm@vse.cz >.

The main topic of the paper is a study of Katerina Hellström. Author of the study engages in testing of value relevance in transition economy - in the Czech Republic during the years 1994-2001. The test demonstrated less value relevance in the Czech Republic in comparison of Sweden and also continual increase of value relevance in the Czech Republic.

Keywords: Value relevance; Share value; Market value; Book value.
JEL classification: M41

Published: December 1, 2007  Show citation

ACS AIP APA ASA Harvard Chicago Chicago Notes IEEE ISO690 MLA NLM Turabian Vancouver
Zelenková, M. (2007). Accounting Information and Share Values. Czech Financial and Accounting Journal, 2007(4), 67-72. doi: 10.18267/j.cfuc.248
Download citation
  • BibTeX (.bib)
  • Bookends (.ris)
  • EasyBib (.ris)
  • EndNote (.enw)
  • EndNote 8 (.xml)
  • ISI WoS (.isi)
  • Medlars (.medlars)
  • Mendeley (.ris)
  • MODS (.xml)
  • Papers (.ris)
  • RefWorks (.txt)
  • RefManager (.ris)
  • RIS (.ris)
  • MS Word (.xml)
  • Zotero (.ris)
    • Open full article

    References

    1. Alford, A. aj. (1993): The relative informativeness of accounting disclosure in different countries. Journal of Accounting Research, 1993, roč. 31 (Studies on International Accounting), s. 183-223. Go to original source...
    2. Easton, P. - Harris, T. (1991): Earnings as an explanatory variable for returns. Journal of Accounting Research, 1991, roč. 29, č. 1, s. 19-36. Go to original source...
    3. Francis, J. - Schipper, K. (1999): Have financial statements lost their relevance. Journal of Accounting Research, 1999, roč. 37, č. 2, s. 319-352. Go to original source...
    4. Francis, J. et al. (2004): Cost of equity and earnings attributes. Accounting Review, 2004, roč. 79, č. 4, s. 967-1010. Go to original source...
    5. Hellström, K. (2006): The Value Relevance of Financial Accounting Information in a Transition Economy: The Case of the Czech Republic. European Accounting Review, 2006, roč. 15, č. 3, s. 325-349. Go to original source...
    6. Ohlson, J. (1995): Earnings, book values and dividends in security valuation. Contemporary Accounting Research, 1995, roč. 11, č. 2, s. 661-687. Go to original source...

    This is an open access article distributed under the terms of the Creative Commons Attribution 4.0 International License (CC BY 4.0), which permits use, distribution, and reproduction in any medium, provided the original publication is properly cited. No use, distribution or reproduction is permitted which does not comply with these terms.


    Return to the content