search query: @author Jones, J. P. / total: 8
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Author:Jones, J. P.
Morton, R. M.
Schaefer, T. F.
Title:Valuation implications of investment opportunities and earnings permanence
Journal:Review of Quantitative Finance and Accounting
2000 : JUL, VOL. 15:1, p. 21-35
Index terms:Investment
Corporate earnings
Valuation
Quantitative techniques
Language:eng
Abstract:This study investigates the value-relevance of accounting earnings in the presence of investment (growth) opportunities after making two theoretical and methodological research design refinements. We find that firms' investment opportunities and the relative permanence of current earnings affect the value-relevance of those earnings.
SCIMA record nr: 216123
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