The Value Relevance of Accounting Reports

Gould, Graeme P.; Rammal, Hussain Gulzar

The Value Relevance of Accounting Reports

Business Journal For Entrepreneurs, Vol. 22, No. 1, pp. 59-64, 2009

7 Pages Posted: 7 Aug 2009

See all articles by Graeme P. Gould

Graeme P. Gould

University of Adelaide; Financial Research Network (FIRN)

Hussain Gulzar Rammal

University of Technology Sydney (UTS)

Date Written: 2009

Abstract

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

Gould, Graeme P. and Rammal, Hussain Gulzar, The Value Relevance of Accounting Reports (2009). Business Journal For Entrepreneurs, Vol. 22, No. 1, pp. 59-64, 2009. Available at SSRN: https://ssrn.com/abstract=1444185