Relevance of book value and earnings: a comparison between islamic and conventional banks in Malaysia / Mohd Halim Kadri.

This study aimed at investigating the value relevance of book value and earnings of Malaysian Islamic and conventional banks. A market valuation approach was utilised for that purpose. The result of pool sample showed that book value and earnings of Malaysian banks are value relevant. It was also ob...

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Main Author: Kadri, Mohd Halim
Format: Article
Language:English
Published: Universiti Teknologi MARA Cawangan Selangor 2016
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/31014/
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author Kadri, Mohd Halim
author_facet Kadri, Mohd Halim
author_sort Kadri, Mohd Halim
building UiTM Institutional Repository
collection Online Access
description This study aimed at investigating the value relevance of book value and earnings of Malaysian Islamic and conventional banks. A market valuation approach was utilised for that purpose. The result of pool sample showed that book value and earnings of Malaysian banks are value relevant. It was also observed that book value and earnings of Islamic and conventional banks are value relevant when they are separated. However, it was found that the explanatory power towards market value provided by Islamic bank is far behind their conventional counterparts. The results implicated that book value and earnings of Islamic banks provide less information content towards market value despite their relevance. This suggests further investigation in future studies. Finally, the study contributes to existing literature in the area of the value relevance of financial information in Malaysia.
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spelling uitm-310142020-06-15T05:01:52Z https://ir.uitm.edu.my/id/eprint/31014/ Relevance of book value and earnings: a comparison between islamic and conventional banks in Malaysia / Mohd Halim Kadri. mar Kadri, Mohd Halim HG Finance Banking This study aimed at investigating the value relevance of book value and earnings of Malaysian Islamic and conventional banks. A market valuation approach was utilised for that purpose. The result of pool sample showed that book value and earnings of Malaysian banks are value relevant. It was also observed that book value and earnings of Islamic and conventional banks are value relevant when they are separated. However, it was found that the explanatory power towards market value provided by Islamic bank is far behind their conventional counterparts. The results implicated that book value and earnings of Islamic banks provide less information content towards market value despite their relevance. This suggests further investigation in future studies. Finally, the study contributes to existing literature in the area of the value relevance of financial information in Malaysia. Universiti Teknologi MARA Cawangan Selangor 2016-12 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/31014/1/AJ_MOHD%20HALIM%20KADRI%20MAR%20B%2016.pdf Kadri, Mohd Halim (2016) Relevance of book value and earnings: a comparison between islamic and conventional banks in Malaysia / Mohd Halim Kadri. (2016) Management & Accounting Review (MAR) <https://ir.uitm.edu.my/view/publication/Management_=26_Accounting_Review_=28MAR=29.html>, 15 (2). pp. 1-15. ISSN 2550-1895 http://arionline.uitm.edu.my/ojs/index.php/MAR/article/view/588
spellingShingle HG Finance
Banking
Kadri, Mohd Halim
Relevance of book value and earnings: a comparison between islamic and conventional banks in Malaysia / Mohd Halim Kadri.
title Relevance of book value and earnings: a comparison between islamic and conventional banks in Malaysia / Mohd Halim Kadri.
title_full Relevance of book value and earnings: a comparison between islamic and conventional banks in Malaysia / Mohd Halim Kadri.
title_fullStr Relevance of book value and earnings: a comparison between islamic and conventional banks in Malaysia / Mohd Halim Kadri.
title_full_unstemmed Relevance of book value and earnings: a comparison between islamic and conventional banks in Malaysia / Mohd Halim Kadri.
title_short Relevance of book value and earnings: a comparison between islamic and conventional banks in Malaysia / Mohd Halim Kadri.
title_sort relevance of book value and earnings: a comparison between islamic and conventional banks in malaysia / mohd halim kadri.
topic HG Finance
Banking
url https://ir.uitm.edu.my/id/eprint/31014/
https://ir.uitm.edu.my/id/eprint/31014/