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| Author: | Ely, K. Waymire, G. |
| Title: | Accounting standard-setting organizations and earnings relevance: longitudinal evidence from NYSE common stocks, 1927-93 |
| Journal: | Journal of Accounting Research
1999 : AUTUMN, VOL. 37:2, p. 293-317 |
| Index terms: | Accounting research Corporate earnings Organizational research Stock markets Stock exchanges Share valuation |
| Language: | eng |
| Abstract: | The authors report evidence on the relevance of earnings for valuation of NYSE common stocks from 1927-93. For each sample year, they select a random sample of NYSE firms and measure the strength of association between earnings and stock returns. Based on a time-series analysis of this measure, they investigate earnings relevance. |
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