Relevance versus Reliability Trade-off in Financial Reporting among Companies Listed at Visegrad Group Stock Exchanges

The objective of this study is to examine the relevance and reliability aspects of accounting with respect earnings’ usefulness which measured as the association between earnings share returns. Motivated by lack research in emerging markets, paper focused on companies listed on stock exchanges Visegrad Group (V4) countries. Multiple regression analyses are used establish links attributes sample 64 firms for time period 2005 2017. This shows that a more dominant attribute than reliability. Companies V4 markets feature mature markets. However, neither trade-off nor any trend these was detected. dynamics may be explained different financial statements’ information needs users countries compared operating