Accounting earnings, book values and share prices in Malaysia

Abstract

The study aims to understand how published accounting information relates to share prices in a developed market in Asia, outside Japan. More specifically, the study aims to extend the international literature in market‐based accounting research by examining empirical evidence on relationships between share prices and the two summary accounting variables of equity book value and earnings for firms listed on the stock exchange in Malaysia.

Citation

Pirie, S. and Smith, M. (2003), "Accounting earnings, book values and share prices in Malaysia", Asian Review of Accounting, Vol. 11 No. 2, pp. 31-52. https://doi.org/10.1108/eb060767