Department of Accounting, Faculty of Management Studies and Commerce, University of Jaffna, Jaffna, Sri Lanka. *Corresponding Author’s E-mail: [email protected]/ [email protected] Tel: +94-777-238-282(Mobile)/ +9421222-7519 (office) The purpose of this research is to provide empirical evidence concerning value relevance of accounting information such as Earning per Share (EPS), Net Asset...

In this paper, we investigate the influence of financial proxies on companies in real estate sector listed Amman stock exchange during Covid-19 pandemic. A panel data method is employed for sample, which includes 29 companies, period from 2010 to 2020. The are considered as independent variables, consist earnings per share, book value price-to-earnings (P/E) ratio, price-to-book value, debt and...

Why do large positive earnings surprises occur? The literature often treats large earnings surprises as the exogenous event that precipitates subsequent stock price drift, but analyst expectations and earnings realizations are the result of conscious decisions made by analysts and managers. While neither analysts nor managers have an obvious incentive for an extreme deviation between expected a...

e xchange rate is an important factor influencing price indices of exported goods of a country in different ways. imported intermediate commodity is one of the important ways by which the change in exchange rate affects price indices of the exported goods. using the input-output table of iran for the year 2001, this paper investigates the impact of exchange rate devaluation on price indices of ...

The objective of this paper is to test how spot prices are affected by forward contracts using experimental economics. One set of tests used students to represent suppliers in an electricity auction with 1) no forward contracts, 2) permanent forward contracts, and 3) renewable forward contracts. In the latter test, the price of a new forward contract is affected by conditions in the spot market...

My dissertation examines the stock market’s assessment of corporate mandatory and voluntary disclosure. Specifically, the first part of the dissertation investigates the stock market reaction to the mandatory segment reporting changes and the second part studies how the stock market assesses credibility of voluntary management forecasts. The dissertation is composed of two essays. The first ess...

Classical single-factor comparable company valuation (CCV) like e.g. valuation using the price-earnings ratio is associated with several shortcomings. The two most important are the non-applicability of negative values in the basis of reference and the high requirements to the qualitative characteristics of comparable companies. This paper develops a multi-factor CCV model based on substance an...

The Iranian economy in recent years is due to the development of economic sanctions, a sharp decline in the price of oil and the deficit resulting from revenue - dependent on oil revenues and the trend towards tax revenues. While comparing the volume of the Iranian economy with the amount of tax income indicates the existence of a relatively significant tax gap. The tax gap is the difference be...