Value relevance of aggregated vs disaggregated book value and earnings : evidence from Malaysian high-tech firms / Mohd Halim Kadri, Muhd Kamil Ibrahim and Rozainun Abdul Aziz.

This study is aimed at investigating the value relevance of aggregated and disaggregated book value and earnings of high-tech firms listed on Bursa Malaysia for the period from 2003-2008. Using the Ohlson (1995) basic and modified equity valuation models, this study investigated whether disaggregate...

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Main Authors: Kadri, Mohd Halim, Ibrahim, Muhd Kamil, Abdul Aziz, Rozainun
Format: Article
Language:English
Published: Universiti Teknologi MARA Cawangan Selangor 2010
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/31013/
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author Kadri, Mohd Halim
Ibrahim, Muhd Kamil
Abdul Aziz, Rozainun
author_facet Kadri, Mohd Halim
Ibrahim, Muhd Kamil
Abdul Aziz, Rozainun
author_sort Kadri, Mohd Halim
building UiTM Institutional Repository
collection Online Access
description This study is aimed at investigating the value relevance of aggregated and disaggregated book value and earnings of high-tech firms listed on Bursa Malaysia for the period from 2003-2008. Using the Ohlson (1995) basic and modified equity valuation models, this study investigated whether disaggregated book value and earnings could explain the variation in market value better than aggregated book value and earnings. The results of the basic model show that the explanatory powers of both book value and earnings are fluctuating with book value is in a decreasing trend whereas earnings is in an increasing trend. The results of the modified models show that disaggregated book value and earnings could explain the variation in market value better than aggregated book value and earnings.
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publishDate 2010
publisher Universiti Teknologi MARA Cawangan Selangor
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spelling uitm-310132020-06-15T05:00:58Z https://ir.uitm.edu.my/id/eprint/31013/ Value relevance of aggregated vs disaggregated book value and earnings : evidence from Malaysian high-tech firms / Mohd Halim Kadri, Muhd Kamil Ibrahim and Rozainun Abdul Aziz. mar Kadri, Mohd Halim Ibrahim, Muhd Kamil Abdul Aziz, Rozainun Marketing Malaysia This study is aimed at investigating the value relevance of aggregated and disaggregated book value and earnings of high-tech firms listed on Bursa Malaysia for the period from 2003-2008. Using the Ohlson (1995) basic and modified equity valuation models, this study investigated whether disaggregated book value and earnings could explain the variation in market value better than aggregated book value and earnings. The results of the basic model show that the explanatory powers of both book value and earnings are fluctuating with book value is in a decreasing trend whereas earnings is in an increasing trend. The results of the modified models show that disaggregated book value and earnings could explain the variation in market value better than aggregated book value and earnings. Universiti Teknologi MARA Cawangan Selangor 2010-06 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/31013/1/AJ_MOHD%20HALIM%20KADRI%20MAR%20B%2010.pdf Kadri, Mohd Halim and Ibrahim, Muhd Kamil and Abdul Aziz, Rozainun (2010) Value relevance of aggregated vs disaggregated book value and earnings : evidence from Malaysian high-tech firms / Mohd Halim Kadri, Muhd Kamil Ibrahim and Rozainun Abdul Aziz. (2010) Management & Accounting Review (MAR) <https://ir.uitm.edu.my/view/publication/Management_=26_Accounting_Review_=28MAR=29.html>, 9 (1). pp. 1-17. ISSN 2550-1895 http://arionline.uitm.edu.my/ojs/index.php/MAR/article/view/250
spellingShingle Marketing
Malaysia
Kadri, Mohd Halim
Ibrahim, Muhd Kamil
Abdul Aziz, Rozainun
Value relevance of aggregated vs disaggregated book value and earnings : evidence from Malaysian high-tech firms / Mohd Halim Kadri, Muhd Kamil Ibrahim and Rozainun Abdul Aziz.
title Value relevance of aggregated vs disaggregated book value and earnings : evidence from Malaysian high-tech firms / Mohd Halim Kadri, Muhd Kamil Ibrahim and Rozainun Abdul Aziz.
title_full Value relevance of aggregated vs disaggregated book value and earnings : evidence from Malaysian high-tech firms / Mohd Halim Kadri, Muhd Kamil Ibrahim and Rozainun Abdul Aziz.
title_fullStr Value relevance of aggregated vs disaggregated book value and earnings : evidence from Malaysian high-tech firms / Mohd Halim Kadri, Muhd Kamil Ibrahim and Rozainun Abdul Aziz.
title_full_unstemmed Value relevance of aggregated vs disaggregated book value and earnings : evidence from Malaysian high-tech firms / Mohd Halim Kadri, Muhd Kamil Ibrahim and Rozainun Abdul Aziz.
title_short Value relevance of aggregated vs disaggregated book value and earnings : evidence from Malaysian high-tech firms / Mohd Halim Kadri, Muhd Kamil Ibrahim and Rozainun Abdul Aziz.
title_sort value relevance of aggregated vs disaggregated book value and earnings : evidence from malaysian high-tech firms / mohd halim kadri, muhd kamil ibrahim and rozainun abdul aziz.
topic Marketing
Malaysia
url https://ir.uitm.edu.my/id/eprint/31013/
https://ir.uitm.edu.my/id/eprint/31013/