It has been claimed that accounting information is losing relevance over time as firms
increasingly rely on resources that cannot be capitalized under the existing accounting …

We address how value relevance of accounting information evolved as the new economy
developed. Prior research concludes that accounting information—primarily earnings—has …

Recently, a growing body of literature has created a widespread impression that financial
statements have lost their value-relevance because of a shift from traditional capital …

The dissertation consists of five independent essays on the value relevance of accounting
information. Value relevance is defined as the ability of financial statement information to …

Recently, a growing body of literature has created a widespread impression that financial
statements have lost their value-relevance because of a shift from traditional capital …

We investigate the changes in the value relevance of accounting information among
Chinese firms over the past two decades, during which accounting reforms are launched to …

Financial reports present assets, liabilities, and earnings on a nominal basis (unadjusted for
inflation). Using a novel dataset of nearly a century of financial reports, this paper examines …

The objective of the master thesis is to investigate value relevance of accounting information
for the firms listed on the Oslo Stock Exchange. We employ 16 years of data (from 2005 until …

This study demonstrates that the value relevance of accounting information is influenced by
the ability to capitalize investments in valuable resources. We use data from Sweden to …

Ohlson (1995) models firm value as a function of book value, earnings, and analysts'
earnings forecasts which capture “other” information not yet reflected in the financial …