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Trustworthiness of Firm Valuations: Bias and Market Perception in Compliance with Capital Market Regulations

Author

Listed:
  • Koresh Galil

    (BGU)

  • Eli El-Al

    (BGU)

  • Ilanit Gavious

    (BGU)

Abstract

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Suggested Citation

  • Koresh Galil & Eli El-Al & Ilanit Gavious, 2023. "Trustworthiness of Firm Valuations: Bias and Market Perception in Compliance with Capital Market Regulations," Working Papers 2309, Ben-Gurion University of the Negev, Department of Economics.
    • Handle: RePEc:bgu:wpaper:2309
    as

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    File URL: http://in.bgu.ac.il/en/humsos/Econ/Workingpapers/2309.pdf
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    References listed on IDEAS

    as
    1. S.P. Kothari & Karthik Ramanna & Douglas J. Skinner, 2009. "Implications for GAAP from an Analysis of Positive Research in Accounting," Harvard Business School Working Papers 09-137, Harvard Business School, revised Sep 2010.
    2. Frankel, Richard & Lee, Charles M. C., 1998. "Accounting valuation, market expectation, and cross-sectional stock returns," Journal of Accounting and Economics, Elsevier, vol. 25(3), pages 283-319, June.
    3. Bai, Jennie & Philippon, Thomas & Savov, Alexi, 2016. "Have financial markets become more informative?," Journal of Financial Economics, Elsevier, vol. 122(3), pages 625-654.
    4. John Capstaff & Krishna Paudyal & William Rees, 2001. "A Comparative Analysis of Earnings Forecasts in Europe," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 28(5‐6), pages 531-562, June.
    5. Louis K. C. Chan & Jason Karceski & Josef Lakonishok, 2003. "The Level and Persistence of Growth Rates," Journal of Finance, American Finance Association, vol. 58(2), pages 643-684, April.
    6. Hanley, Kathleen W. & Jagolinzer, Alan D. & Nikolova, Stanislava, 2018. "Strategic estimation of asset fair values," Journal of Accounting and Economics, Elsevier, vol. 66(1), pages 25-45.
    7. Kothari, S.P. & Ramanna, Karthik & Skinner, Douglas J., 2010. "Implications for GAAP from an analysis of positive research in accounting," Journal of Accounting and Economics, Elsevier, vol. 50(2-3), pages 246-286, December.
    8. John Capstaff & Krishna Paudyal & William Rees, 2001. "A Comparative Analysis of Earnings Forecasts in Europe," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 28(5‐6), pages 531-562, June.
    9. Dechow, Patricia M. & Myers, Linda A. & Shakespeare, Catherine, 2010. "Fair value accounting and gains from asset securitizations: A convenient earnings management tool with compensation side-benefits," Journal of Accounting and Economics, Elsevier, vol. 49(1-2), pages 2-25, February.
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    Keywords

    Firm Valuation; Regulation; Fair Value; Bias; Market Perception;
    All these keywords.

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