A carregar...
Publicação
Insights into reported earnings per share compliance and value relevance in Portuguese Listed Companies
| Nome: | Descrição: | Tamanho: | Formato: | |
|---|---|---|---|---|
| 673.5 KB | Adobe PDF |
Autores
Orientador(es)
Resumo(s)
Earnings per Share (EPS) is the only mandatory ratio for firms and its reporting is closely regulated by IAS 33. By designing and using an index methodology, this Work Project analyses compliance in financial reporting of companies listed in the Euronext Lisbon, for the years 2012-2015. Furthermore, to determine if investors focus on EPS, a value relevance study is carried out. The level of compliance is found to be high. Firm Size, Type of Auditor, Net Income and Leverage influence the level of compliance reporting and investors closely monitor EPS value, as it is statistically value relevant.
Descrição
Palavras-chave
Earnings per share IAS 33 Reporting compliance Value relevance Euronext Lisbon