The Correlation Between Financial Accounting Details and Stock Market Performance

Anderson, P., & Lewis, Q. (2023). Investors’ perception of risk in high-debt firms. Journal of Risk Management, 29(2), 115-134. https://doi.org/10.1007/s13753-023-00458-3 Ayuba T.N (2011). The impact of accounting earnings disclosures on stock market performances in Singapore. Asia Pacific Journal of Management l4: 17-29 Bailia, FFW., Tommy, P., & Baramulli, DN. (2016). Pengaruh Pertumbuhan Penjualan, Dividend Payout Ratio dan Debt to Equity terhadap Harga Saham pada Perusahaan Property di Bursa Efek Indonesia. Jurnal Berkala Ilmiah Efisiensi, 16(3): 270-278. Basu, S. (1983). The relationship between earnings’ yield, market value and return for NYSE common stocks: Further evidence. Journal of financial economics, 12(1), 129-156. https://doi.org/10.1016/0304-405X(83)90031-4 Berenson, A., & Kim, S. (2023). Market behavior and growth metrics. Journal of Business Valuation, 38(1), 67-85. https://doi.org/10.1108/JBV-09-2022-0055 Black, F., & Scholes, M. (2021). Dividends: A gauge of financial health. Journal of Financial Research, 44(2), 123-145. https://doi.org/10.1016/j.jfr.2021.01.003 Callaghan, S., & White, L. (2022). The risks of growth without profitability. International Journal of Economics and Business Research, 18(3), 201-219. https://doi.org/10.1504/IJEBR. 2022.10042614 Chang, H.L., Yahn-Shir C., Chi-Wei S., &Ya-Wen C. (2008). The relationship between stock market performance and eps: evidence based on Taiwan panel data. Economics Bulletin, 3(30). Chang. H.L. Y.S. Chen. C.W. Su & Y.W. Chang. (2008). The relationship between stock market performance and EPS: Evidence based on Taiwan panel data. Economics Ballentine, 3: 1-12. Chen, H., & Zhao, Y. (2023). Impact of excess liquidity on market performance. Journal of Corporate Finance Studies, 19(4), 30-52. https://doi.org/10.1016/j.jcfs.2023.02.007 Chen, J., et al. (2021). Evaluating the role of BVPS in stock valuations. Financial Analysts Journal, 77(5), 15-32. https://doi.org/10.2469/faj.v77.n5.3 Cheng, C. S., Lee, B. S., & Yang, S. (2013). The value relevance of earnings levels in the return-earnings relation. International Journal of Accounting and Information Management, 21(4), 260-284. https://doi.org/10.1108/IJAIM-04-2012-0019 Collins, D. W., & Kothari, S. P. (1989). An analysis of intertemporal and cross-sectional determinants of earnings response coefficients.Journal of Accounting and Economics, 11(2), 143-181. Deitiana, T. (2011). Pengaruh rasio keuangan, pertumbuhan penjualan dan Dividen terhadap Harga Saham. Journal Bisnis dan Akuntansi, 13(1): 57-66. Dewasiri, N.J.& Weerakoon, B.Y. (2014). Impact of dividend policy on stock market performance volatility: evidence from srilanka.11th International Conference on Business Management. Dimitropoulos, P. E., & Asteriou, D. (2009). The value relevance of financial statements and their impact on stock market performances: Evidence from Greece. Managerial Auditing Journal, 24(3), 248-265. Dutta, A., et al. (2021). Dividend policies in high-growth firms: Are they always beneficial? Journal of Financial Studies, 34(2), 77-94. https://doi.org/10.1111/jfs.2021.34.2.77 Easton, P.E., & Harris (1991). Earnings as an explanatory variable for returns: Journal of Accounting Research, 29(1), 19 -36. Eliza. (2013). Hubungan Nilai Intrinsik Suatu Saham Terhadap Harga Pasar Saham Tersebut. Jurnal Ekonomi, 4(1): 29-37. Fama, E. F., & French, K. R. (2021). Growth firms: The drivers of bullish market performance. Review of Financial Studies, 34(8), 1187-1213. https://doi.org/10.1093/rfs/hhab 007 Fan, J., et al. (2022). Financial risk and stock performance: The case of high leverage. Journal of Finance Research, 45(6), 110-128. https://doi.org/10.2139/ssrn.3948281 Freeman, R. N. (1987). The association between accounting earnings and security returns for large and small firms. Journal of Accounting and Economics, 9(2), 195-228. Ghosh, P.K. & Ghosh, S.K. (2015). Stock market performance adjustment to corporate accounting disclosure: A quantitative study on Dhaka Stock Exchange (DSE), Bangladesh. International Journal of Accounting and Financial Reporting, 5, 122-132. Gordon, M. J. (1963). Optimal investment and financing policy. Journal of Finance, 18(2). Hendrick, J.A. (1976). The impact of human resource accounting information on stock investment decisions: an empirical study. The Accounting Review, 51(2). Idekwelim, P. C. (2014). Teach yourself IFRS. Lagos state, Piccas Global Concept. Islam, M., Khan, T., Choudhury, T. & Adnan, A. (2014). How earning per share affect share price and firm value. European Journal of Business and Management, 6(17) 44-57 Ismail, R. (2016). Impact on liquidity management on profitability of Pakistani firms: A case of KSE-100 Index. International Journal of Innovation and Applied Studies, 14(2): 304-314. Jenrola, O, A., & Daisi, O. R. (2012). The implications of global financial crisis on the Nigerian capital market performance: an empirical investigation (2000-2008). European Journal of Humanities and Social Sciences,16(1). 23-40 Johnson, R. (2022). The importance of liquidity in stock valuation. International Journal of Finance, 28(1), 85-101. https://doi.org/10.1016/j.ijfin.2021.05.002 Jones, A., & Smith, B. (2021). Sector-specific analysis of EPS and market performance. Journal of Asset Management, 23(4), 132-145. https://doi.org/10.1057/s41260-021- 00254-9 Kesuma, A. (2009). Analisis Faktor yang Mempengaruhi Struktur Modal serta Pengaruhnya terhadap Harga Saham Perusahaan Real Estate yang Go Public di BEI. Jurnal Manajemen & Kewirausahaan, 2(1): 38-45. Khan, K.I. (2012). Effect of dividends on stock market performances– a case of chemical and pharmaceutical industry of pakistan. Management, 2(5) 11-25 Khanna, M. (2014). Value relevance of accounting information: An empirical study of selected Indian firms. International Journal of Scientific and Research Publications, 4(10), 1-6. La Porta, R., et al. (2019). Book value per share: A predictor of financial success. Journal of Financial Economics, 132(3), 588-602. https://doi.org/10.1016/j.jfineco.2018.06.008 Lee, C., & Robinson, D. (2022). High-growth industries and the de-emphasis of book value. Journal of Economic Perspectives, 36(1), 45-62. https://doi.org/10.1257/jep.20210712 Lipe, R., Bryant, L., & Widener, S. (1998). Do nonlinearity, firm-specific coefficients, and losses represent distinct factors in the relation between stock returns and accounting earnings? Journal of Accounting and Economics, 25(2), 195-214. Mahapsari, NR., & Taman A. 2013. Pengaruh Profitabilitas, Struktur aktiva, dan Pertumbuhan Penjualan terhadap Harga Saham dengan Struktur Modal sebagai Variabel Intervening pada Perusahaan Manufaktur di Bursa Efek Indonesia. Jurnal Nominal, 2(1): 137-158. Malik, M.F. and Ali, B. (2013). Value relevance of accounting information: Evidence from fuel and energy sector of Pakistan. Journal of Basic Applied Science Research, 3, 884-891. Malkiel, A. (2003). The survey of the relationship between financial accounting details and stock returns rate of companies listed in Tehran Stock Exchange. Review of Accounting and Auditing, 13(2), 105-127. Menike M.G.P.D. & Wang Man. (2013). Stock market reactions to the release of annual financial statements: Case of the banking industry in Sri Lanka, European Journal of Business and Management, 5(31) 31-47 Miller, M. H., & Rock, K. (2022). Market reactions to dividend announcements. Journal of Banking & Finance, 147, 106-120. https://doi.org/10.1016/j.jbankfin.2022.106256 Miller, M., & Modigliani, F. (1961). Dividend policy, growth, and the valuation of shares. The Journal of Business, 34(4), 26-39 Modi, S. (2014). A study on value relevance of accounting information in Indian stock market: the case