Md Yusof, Mohd 'Atef and Ishak, Rokiah (2005) Cash flows, accruals, earnings and earnings permanence are they value relevant. Project Report. Universiti Utara Malaysia, Sintok. (Unpublished)

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Abstract

We investigated the issue of whether cash flows components and accruals are value-relevant beyond earnings in Malaysia following the announcement of new accounting standard MASB 5 Cash Flows Statement (FRS107). Based on a sample of 337 observations from 1999-2000, results from pooled OLS regression provides support for superiority of earnings over cash flows information over three different stock return models. In addition, we ran first- differenced estimation and found that cash flows from financing and investing are more value-relevant than cash flows from operation.

Item Type:	Monograph (Project Report)
Subjects:	H Social Sciences > HF Commerce > HF5601 Accounting
Divisions:	College of Business
Depositing User:	Dr. Mohd. 'Atef Md Yusof
Date Deposited:	18 Jul 2013 06:59
Last Modified:	18 Jul 2013 06:59
URI:	https://repo.uum.edu.my/id/eprint/5974

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