Electronic Resource

Article - RELEVANSI NILAI INFORMASI AKUNTANSI UNTUK PASAR SAHAM: PROBLEMA DAN PELUANG RISET Vol. 8. No. 2. 2007

---

This paper reviews the development, theoritical basis, empirical studies and crucial issues
of value relevance literature over last two decades. This review is crucial because there is a
considerable debate in recently accounting literature that the value relevance of financial
statements numbers to investors has declined or lost a significant portion over time.
However, numerous empirical studies investigated the claim reported inconclusive
empirical results.
The review finds that there are two main problems with respect to those mixed results.
First, it is related to the misspecification of using the theoretical basis between valuation
theory plus contextual accounting arguments and market efficiency theory. The other
problem is related to the misspecification of applying the measurement methodology in
assessing the value relevance of accounting numbers to stock markets. The review also
finds that the declining of value relevance of accounting numbers over time is triggered by
the ignorance of intangible assets, dramatically canges of business environment, and raise
of competing information sources in most empirical studies. For the future research, this
study suggests to the researchers to consider accurately the identified factors, besides the
firm specific factors such as systematic risk, firm size, corporate governance and firm
quality.

---

Ketersediaan

Informasi Detail

Judul Seri

-

No. Panggil

657.3072 LAK r

Penerbit

: Program Studi Akuntansi, Universitas Kristen Petra., 1999

Deskripsi Fisik

-

Bahasa

Indonesia

ISBN/ISSN

2338-8137

Klasifikasi

657.3072 LAK r

Tipe Isi

-

Tipe Media

-

Tipe Pembawa

-

Edisi

Vol. 8. No. 2. 2007

Subjek

-

Info Detail Spesifik

-

Pernyataan Tanggungjawab

-

Versi lain/terkait

Lampiran Berkas

Komentar

---

Anda harus masuk sebelum memberikan komentar