{"id":"https://openalex.org/W3105744853","doi":"https://doi.org/10.32890/gbmr2018.10.2.11047","title":"Value Relevance of Earnings and Book Value of Equity: Evidence from Malaysia","display_name":"Value Relevance of Earnings and Book Value of Equity: Evidence from Malaysia","publication_year":2018,"publication_date":"2018-08-11","ids":{"openalex":"https://openalex.org/W3105744853","doi":"https://doi.org/10.32890/gbmr2018.10.2.11047","mag":"3105744853"},"language":"en","primary_location":{"id":"doi:10.32890/gbmr2018.10.2.11047","doi":"https://doi.org/10.32890/gbmr2018.10.2.11047","is_oa":true,"landing_page_url":"https://doi.org/10.32890/gbmr2018.10.2.11047","pdf_url":"https://e-journal.uum.edu.my/index.php/gbmr/article/download/11047/2451","source":{"id":"https://openalex.org/S4210239347","display_name":"Global Business Management Review (GBMR)","issn_l":"2600-8416","issn":["2600-8416"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I94625822","host_organization_name":"Universiti Utara Malaysia","host_organization_lineage":["https://openalex.org/I94625822"],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Global Business Management Review (GBMR)","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://e-journal.uum.edu.my/index.php/gbmr/article/download/11047/2451","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5110920592","display_name":"Aboubakar Mirza","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I94625822","display_name":"Universiti Utara Malaysia","ror":"https://ror.org/01ss10648","country_code":"MY","type":"education","lineage":["https://openalex.org/I94625822"]}],"countries":["MY"],"is_corresponding":false,"raw_author_name":"Aboubakar Mirza","raw_affiliation_strings":["Tunku Puteri Intan Safinaz School of Accounting, Universiti Utara Malaysia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Tunku Puteri Intan Safinaz School of Accounting, Universiti Utara Malaysia","institution_ids":["https://openalex.org/I94625822"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5015345182","display_name":"Mazrah Malek","orcid":"https://orcid.org/0000-0002-8916-2561","observed_orcids":["https://orcid.org/0000-0002-8916-2561"]},"institutions":[{"id":"https://openalex.org/I94625822","display_name":"Universiti Utara Malaysia","ror":"https://ror.org/01ss10648","country_code":"MY","type":"education","lineage":["https://openalex.org/I94625822"]}],"countries":["MY"],"is_corresponding":false,"raw_author_name":"Mazrah Malek","raw_affiliation_strings":["Tunku Puteri Intan Safinaz School of Accounting, Universiti Utara Malaysia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Tunku Puteri Intan Safinaz School of Accounting, Universiti Utara Malaysia","institution_ids":["https://openalex.org/I94625822"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5007368704","display_name":"Mohamad Ali Abdul Hamid","orcid":"https://orcid.org/0000-0003-2163-7740","observed_orcids":["https://orcid.org/0000-0003-2163-7740"]},"institutions":[{"id":"https://openalex.org/I130343225","display_name":"Universiti Putra Malaysia","ror":"https://ror.org/02e91jd64","country_code":"MY","type":"education","lineage":["https://openalex.org/I130343225"]},{"id":"https://openalex.org/I4405255219","display_name":"Putra Business School","ror":"https://ror.org/02re7jk37","country_code":"MY","type":"education","lineage":["https://openalex.org/I130343225","https://openalex.org/I4405255219"]}],"countries":["MY"],"is_corresponding":false,"raw_author_name":"Mohamad Ali Abdul-Hamid","raw_affiliation_strings":["Putra Business School, Universiti Putra Malaysia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Putra Business School, Universiti Putra Malaysia","institution_ids":["https://openalex.org/I130343225","https://openalex.org/I4405255219"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":6.6194,"has_fulltext":true,"cited_by_count":19,"citation_normalized_percentile":{"value":0.96333275,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"10","issue":"2","first_page":"19","last_page":"40"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.7900000214576721,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.7900000214576721,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":0.11289999634027481,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.04390000179409981,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/value-relevance-of-earnings","display_name":"value relevance of earnings","score":0.7710000276565552},{"id":"https://openalex.org/keywords/book-value-of-equity","display_name":"book value of equity","score":0.9739999771118164},{"id":"https://openalex.org/keywords/ohlson-model","display_name":"Ohlson model","score":0.953000009059906},{"id":"https://openalex.org/keywords/accounting-information","display_name":"accounting information","score":0.675000011920929},{"id":"https://openalex.org/keywords/investment-decisions","display_name":"investment decision-making","score":0.6209999918937683},{"id":"https://openalex.org/keywords/malaysian-capital-market","display_name":"Malaysian capital market","score":0.6930000185966492},{"id":"https://openalex.org/keywords/cross-sectional-dependence","display_name":"cross-sectional dependence","score":0.7200000286102295}],"concepts":[{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.7173281311988831},{"id":"https://openalex.org/C169824061","wikidata":"https://www.wikidata.org/wiki/Q1761731","display_name":"Book value","level":3,"score":0.7120653986930847},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.6437860727310181},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5534598231315613},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.5476592183113098},{"id":"https://openalex.org/C175647561","wikidata":"https://www.wikidata.org/wiki/Q1347876","display_name":"Equity value","level":5,"score":0.5444265007972717},{"id":"https://openalex.org/C190775180","wikidata":"https://www.wikidata.org/wiki/Q5326946","display_name":"Earnings response coefficient","level":3,"score":0.4923964738845825},{"id":"https://openalex.org/C158154518","wikidata":"https://www.wikidata.org/wiki/Q7310970","display_name":"Relevance (law)","level":2,"score":0.48546794056892395},{"id":"https://openalex.org/C202552767","wikidata":"https://www.wikidata.org/wiki/Q1901350","display_name":"Market value","level":2,"score":0.4106632471084595},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3957899212837219},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3928642272949219},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.37985366582870483},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.3667963743209839},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.20142409205436707},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.1142941415309906},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.08146098256111145},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.07927912473678589},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.0},{"id":"https://openalex.org/C22270272","wikidata":"https://www.wikidata.org/wiki/Q5248601","display_name":"Debt levels and flows","level":4,"score":0.0},{"id":"https://openalex.org/C44171179","wikidata":"https://www.wikidata.org/wiki/Q461319","display_name":"External debt","level":3,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.32890/gbmr2018.10.2.11047","doi":"https://doi.org/10.32890/gbmr2018.10.2.11047","is_oa":true,"landing_page_url":"https://doi.org/10.32890/gbmr2018.10.2.11047","pdf_url":"https://e-journal.uum.edu.my/index.php/gbmr/article/download/11047/2451","source":{"id":"https://openalex.org/S4210239347","display_name":"Global Business Management Review (GBMR)","issn_l":"2600-8416","issn":["2600-8416"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I94625822","host_organization_name":"Universiti Utara Malaysia","host_organization_lineage":["https://openalex.org/I94625822"],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Global Business Management Review (GBMR)","raw_type":"journal-article"},{"id":"pmh:oai:repo.uum.edu.my:27358","doi":null,"is_oa":false,"landing_page_url":"https://repo.uum.edu.my/id/eprint/27358/1/GBMR%2010%202%202018%2019%2040.pdf","pdf_url":"https://repo.uum.edu.my/id/eprint/27358/1/GBMR%2010%202%202018%2019%2040.pdf","source":{"id":"https://openalex.org/S4306400886","display_name":"Universiti Utara Malaysia Institutional Repository (Universiti Utara Malaysia)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I65079550","host_organization_name":"Universiti Malaysia Perlis","host_organization_lineage":["https://openalex.org/I65079550"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"Article"},{"id":"mag:3105744853","doi":null,"is_oa":false,"landing_page_url":"http://repo.uum.edu.my/27358/","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":{"id":"doi:10.32890/gbmr2018.10.2.11047","doi":"https://doi.org/10.32890/gbmr2018.10.2.11047","is_oa":true,"landing_page_url":"https://doi.org/10.32890/gbmr2018.10.2.11047","pdf_url":"https://e-journal.uum.edu.my/index.php/gbmr/article/download/11047/2451","source":{"id":"https://openalex.org/S4210239347","display_name":"Global Business Management Review (GBMR)","issn_l":"2600-8416","issn":["2600-8416"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I94625822","host_organization_name":"Universiti Utara Malaysia","host_organization_lineage":["https://openalex.org/I94625822"],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Global Business Management Review (GBMR)","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W3105744853.pdf","grobid_xml":"https://content.openalex.org/works/W3105744853.grobid-xml"},"referenced_works_count":44,"referenced_works":["https://openalex.org/W142829998","https://openalex.org/W169207739","https://openalex.org/W1492362433","https://openalex.org/W1566946934","https://openalex.org/W1892868388","https://openalex.org/W1964323814","https://openalex.org/W1965381782","https://openalex.org/W1972282968","https://openalex.org/W1977720121","https://openalex.org/W1985788332","https://openalex.org/W1988193766","https://openalex.org/W1997103606","https://openalex.org/W2000245029","https://openalex.org/W2002531671","https://openalex.org/W2011960651","https://openalex.org/W2016649964","https://openalex.org/W2017035313","https://openalex.org/W2019076479","https://openalex.org/W2036323865","https://openalex.org/W2064923242","https://openalex.org/W2067294622","https://openalex.org/W2071781338","https://openalex.org/W2074275156","https://openalex.org/W2078838966","https://openalex.org/W2081432842","https://openalex.org/W2085429166","https://openalex.org/W2090758019","https://openalex.org/W2093526463","https://openalex.org/W2111944107","https://openalex.org/W2115014795","https://openalex.org/W2118350265","https://openalex.org/W2121911334","https://openalex.org/W2128006122","https://openalex.org/W2140662150","https://openalex.org/W2170433190","https://openalex.org/W2189151017","https://openalex.org/W2283875058","https://openalex.org/W2501243882","https://openalex.org/W2521761720","https://openalex.org/W2558497442","https://openalex.org/W2592510705","https://openalex.org/W3121712157","https://openalex.org/W3125139305","https://openalex.org/W3125788531"],"related_works":["https://openalex.org/W7215204987","https://openalex.org/W2980891588","https://openalex.org/W1431970958","https://openalex.org/W7002204086","https://openalex.org/W3215034825","https://openalex.org/W1561734166","https://openalex.org/W2967774632","https://openalex.org/W1973035590","https://openalex.org/W4376277503","https://openalex.org/W2177495523"],"abstract_inverted_index":{"The":[0,27,51],"purpose":[1],"of":[2,11,45,58,90,105],"this":[3],"paper":[4],"is":[5,60],"to":[6,38,42,74,102],"examine":[7],"the":[8,15,23,43,55,75,87,103,109],"value":[9,57,62,89],"relevance":[10],"accounting":[12],"information":[13],"in":[14,65,97,108],"Malaysian":[16],"main":[17],"capital":[18],"markets\u2019":[19],"firms":[20],"by":[21],"employing":[22],"basic":[24],"Ohlson":[25],"model.":[26],"study":[28],"employs":[29],"Prais-Winsten":[30],"regression,":[31],"correlated":[32],"panels":[33],"corrected":[34],"standard":[35],"errors":[36],"(PCSEs)":[37],"analyze":[39],"data":[40],"due":[41,101],"existence":[44],"cross":[46],"sectional":[47],"dependence":[48],"across":[49],"panels.":[50],"results":[52],"show":[53],"that":[54,83],"book":[56,88],"equity":[59,91],"significantly":[61],"relevant":[63],"variable":[64],"decision":[66,99],"making,":[67],"while":[68,92],"earnings":[69,96],"are":[70],"not":[71],"as":[72],"opposed":[73],"conceptual":[76],"framework":[77],"for":[78],"financial":[79],"reporting.":[80],"It":[81],"shows":[82],"investors":[84],"focus":[85],"on":[86,95],"less":[93],"emphasis":[94],"investment":[98],"making":[100],"perception":[104],"managerial":[106],"bias":[107],"reported":[110],"earnings.":[111]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":6},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":8},{"year":2019,"cited_by_count":1}],"updated_date":"2026-10-08T09:06:37.294493","created_date":"2020-11-23T00:00:00"}
