文章基本信息

标题：Value Relevance of Accounting Numbers: Evidence from The Jakarta Stock Exchange (Jsx)
其他标题：Value Relevance of Accounting Numbers: Evidence from The Jakarta Stock Exchange (Jsx)
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作者：Eko Suwardi
期刊名称：Jurnal Akuntansi & Auditing Indonesia
印刷版ISSN：1410-2420
电子版ISSN：2528-6528
出版年度：2005
卷号：9
期号：1
页码：23
出版社：Jurnal Akuntansi & Auditing Indonesia
摘要：This paper investigates value relevance of accounting numbers of the firms listed at the Jakarta Stock Exchange (JSX) for the period of 1993-2001. This study reveals that combined value relevance of both book value and residual earnings in-creased steadily from 1993 until 2001, except for the crisis year in 1998. When in-vestigated separately, the value relevance of book value increased dramatically from 1993 to 2001, but decreased slightly in the crisis year 1998. On the other hand, the value relevance of residual earnings decreased significantly from 1993 to 1999 and increased to the highest level in 2000. Consistent with these findings, the incre-mental value relevance of book value increased with the highest level in 1997, whereas the incremental value relevance of residual earnings decreased from 1993 to the zero in 1996 until 2001.Keywords: Value relevance, accounting numbers, and JSX.
关键词：Value relevance, accounting numbers, and JSX.