Publication: An empirical assessment of proposed Solutions for resolving scale problems in value relevance accounting research
dc.affiliation.dpto | UC3M. Departamento de Economía de la Empresa | es |
dc.contributor.author | García-Lara, Juan M. | |
dc.contributor.author | Aledo Martínez, Juana | |
dc.contributor.author | Gonzalez Perez, Maria T. | |
dc.contributor.author | Grambovas, Christos A. | |
dc.contributor.funder | Ministerio de Economía y Competitividad (España) | es |
dc.date.accessioned | 2022-06-30T13:54:26Z | |
dc.date.available | 2022-12-01T00:00:05Z | |
dc.date.issued | 2020-12-01 | |
dc.description.abstract | We implement the most common empirical specifications, with different approaches to control for scale problems, used in studies on the value relevance of accounting information. We study whether the results offered by these specifications are consistent with the residual income valuation model and with the Burgstahler and Dichev option-style valuation framework. Undeflated and per-share specifications offer results that are more in line with both benchmarks. Other deflated specifications and approaches deviate, to different extents, from the expectations of both frameworks. We interpret these deviations as signs of misspecification. | en |
dc.description.sponsorship | We thank the financial support of the Nuffield Foundation, the Spanish Ministry of Science and Innovation (ECO2013-48328; ECO2016-77579; ECO2016-79693) and the Ramón Areces Foundation. | en |
dc.identifier.bibliographicCitation | Aledo Martínez, J., García Lara, J. M., González Pérez, M. T., & Grambovas, C. A. (2019). An empirical assessment of proposed solutions for resolving scale problems in value relevance accounting research. Accounting & Finance,60 (4), pp. 3905-3933. | en |
dc.identifier.doi | https://doi.org/10.1111/acfi.12510 | |
dc.identifier.issn | 0810-5391 | |
dc.identifier.publicationfirstpage | 3905 | es |
dc.identifier.publicationissue | 4 | es |
dc.identifier.publicationlastpage | 3933 | es |
dc.identifier.publicationtitle | Accounting and Finance | en |
dc.identifier.publicationvolume | 60 | es |
dc.identifier.uri | https://hdl.handle.net/10016/35359 | |
dc.identifier.uxxi | AR/0000025418 | |
dc.language.iso | eng | en |
dc.publisher | Wiley | es |
dc.relation.projectID | Gobierno de España. ECO2013-48328-C3-3-P | es |
dc.relation.projectID | Gobierno de España. ECO2016-77579-C3-2-P | es |
dc.relation.projectID | Gobierno de España. ECO2016-79693 | es |
dc.rights | © 2019 Accounting and Finance Association of Australia and New Zealand | es |
dc.rights.accessRights | open access | en |
dc.subject.other | Accounting research | en |
dc.subject.other | Capital markets | en |
dc.subject.other | Residual income | en |
dc.subject.other | Scalee effects | en |
dc.subject.other | Value relevance | en |
dc.title | An empirical assessment of proposed Solutions for resolving scale problems in value relevance accounting research | en |
dc.type | research article | * |
dc.type.hasVersion | AM | * |
dspace.entity.type | Publication |
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