search query: @indexterm RESIDUAL INCOME / total: 19
reference: 12 / 19
| Author: | Stark, W. Thomas, H. |
| Title: | On the empirical relationship between market value and residual income in the UK |
| Journal: | Management Accounting Research
1998 : DEC, VOL. 9:4, p. 445-460 |
| Index terms: | MANAGEMENT ACCOUNTING UNITED KINGDOM RESIDUAL INCOME |
| Language: | eng |
| Abstract: | This paper examines the empirical cross-sectional relationship between residual income and market value for U.K. firms. It does so because of recent claims that RI is a better measure for use by firms in internal planning and control activities than, say earnings. If such is the case, then RI has a stronger association with market value than for example, earnings. The relationship between RI and market value is by no means perfect. Nonetheless, RI has a stronger association with market value. |
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