The Value Relevance of Accounting Reports
Business Journal For Entrepreneurs, Vol. 22, No. 1, pp. 59-64, 2009
7 Pages Posted: 7 Aug 2009
Date Written: 2009
Companies with investment in subsidiaries are required to produce consolidated accounts in addition to their own ‘stand-alone’ accounts. While different stock exchanges release information from different accounts, it is important that investors consider both accounts before making decisions in relation to their investments.
Keywords: consolidated accounts, stand-alone accounts, value relevance of accounting reports, Karachi stock exchange
JEL Classification: C10, M41
Suggested Citation: Suggested Citation