Value relevance

Underinvestment and Value Relevance of Earnings Management

On: October 9, 2022

The aim of this study is to examine whether earnings management among underinvestment firms is positively related to share price. Firms are said to have high growth opportunity but is unable to fund investment projects due to liquidity constraints because of the information asymmetry between the firm and the investors.Continue Reading

Kerelevanan Maklumat Rizab Penyamaan Keuntungan dalam Syarikat Induk Perbankan Islam di Malaysia

By: Nur_161

On: October 8, 2022

Profit equalization reserve (PER) is a reserve allocated from profit during good times to be used during difficult times. In Islamic financial institutions, the concept of profit sharing is used in most contracts because interest or riba’ is prohibited. When return in the conventional financial institutions which is based onContinue Reading