Una evaluación meta-analítica de la relevancia valorativa de la cifra de beneficios
- García Meca, Emma
- Sánchez Ballesta, Juan Pedro
ISSN: 1138-4891
Year of publication: 2006
Volume: 9
Issue: 18
Pages: 31-59
Type: Article
More publications in: Revista de contabilidad = Spanish accounting review: [RC-SAR]
Abstract
In this paper we use meta-analysis in order to integrate, in a quantitative way, previous results on the value relevance of earnings. We analyze for stock prices and returns models the influence of several variables on the earnings response coefficient and the coefficient of determination. We obtain evidence that accounting system, sample period, and methodological design are factors which can explain the heterogeneity in previous research.