期刊名称：International Journal of Business and Social Research
印刷版ISSN：2164-2540
电子版ISSN：2164-2559
出版年度：2017
卷号：7
期号：10
页码：18-25
DOI：10.18533/ijbsr.v7i10.1089
出版社：MIR Center for Socio-Economic Research
摘要：This paper seeks to explore the relationship between share prices and the value-relevance of accounting information. The basic Ohlson (1995) valuation model has been used to conduct the research using a sample of 93 companies from six broad industries listed on the Dhaka Stock Exchange (DSE), Bangladesh. The adjusted (R²) and estimated regression coefficients of accounting variables are tested in this model. Results report that both Earnings per Share (EPS) and Book Value (BV) have influential power in determining share prices. But, results of the individual effect of EPS and BV to determining share price indicate that the EPS played an increasingly considerable role in projecting share prices than that of BV. Thus, EPS has become more informative to equity investors in predicting the share prices.
关键词：Book Value (BV); Earnings per Share (EPS); Value Relevance.
