Fiche du document
25 novembre 2011
- handle: 10670/1.ix9sar
- hal: hal-00769389
info:eu-repo/semantics/OpenAccess
Mots-clés
US-GAAP IFRS Banks Stock market Price Association studySujets proches
Standard of valueCiter ce document
Lionel Escaffre et al., « Comparing the value relevance of earnings and book value in IFRS and GAAP standards », HAL-SHS : droit et gestion, ID : 10670/1.ix9sar
Métriques
Partage / Export
Résumé
The aim of this paper is to present a comparative analysis of the value relevance of the book value and earnings on a sample of companies belonging to the financial sector, made up largely of banks. The sample is taken from several European markets in IFRS, namely the Benelux countries, France, Spain, the United Kingdom and the US market in US GAAP. We will aim to find out under what standard applied to a given financial market, the relation between accounting numbers (earnings and equity) and the stock market returns is the most significant The results of the statistical tests show a superiority of the value relevance of the European markets compared to the American market.