Financial Market Data Versus Accounting Data: Which Better Explains Stock Returns?

This paper presents the comparison of how financial market and accounting data affect stock prices and returns. The goal was to ascertain whether financial information or accounting data dominate in evaluating stock prices. Most valuation techniques used by firms are based on models using either acc...

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Veröffentlicht in:International advances in economic research 2020-02, Vol.26 (1), p.59-72
Hauptverfasser: Belesis, Nicholas, Sorros, John, Karagiorgos, Alkiviadis
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Sprache:eng
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