期刊名称：International Journal of Economics and Empirical Research (IJEER)
印刷版ISSN：2311-3871
电子版ISSN：2310-5232
出版年度：2014
卷号：2
期号：3
页码：94-99
出版社：The Economics and Social Development Organization (TESDO)
摘要：The main purpose of this paper is to investigate the relative and incremental information contents of earning per share and cash flow from operation in the companies listed in Karachi Stock Exchange. This study also evaluates that whether EPS has more information content than then cash flow from operation. To achieve our objective we investigate 85 companies that are listed in Karachi Stock Exchange during the period 2008-2012. Our results indicate that EPS model is more preferable in explaining the stock return. Furthermore EPS has more information content than cash flow from operation. Our results confirm the earlier studies which have been made on different countries.
关键词：EPS; Cash flow from operation; Information content
