THE VALUE RELEVANCE OF EARNING MEASUREMENT USING OHLSON MODEL: A META-ANALYSIS

Authors

  • Hari Karyadi Faculty of Sosial and Politic Science, business administration Departement, Jember University
  • Bambang Subroto faculty of economics and business Brawijaya University, Malang Indonesia
  • Aulia Fuad Rahman faculty of economics and business Brawijaya University, Malang Indonesia
  • Ghozali Maski faculty of economics and business Brawijaya University, Malang Indonesia

DOI:

https://doi.org/10.21776/ub.ijabs.2018.26.2.3

Abstract

The researchers of accounting information value relevance using Ohlson model had operationalized several earnings measurement proxies. The results of the studies indicated that the level of value relevance and significance influence of each proxy varied. This research aimed to combine this diversity and reveal which earnings measurement proxy has significant value relevance. Meta-analysis of 97 published studies using Ohlson model confirmed the significant relationship between earnings and equity market values. This significant relationship was found in the measurement proxy of abnormal earnings, extraordinary earnings before items, earnings per share and net income. Meta-analysis also found that for proxy net income measurement required investigation of moderating variables.

Author Biography

Hari Karyadi, Faculty of Sosial and Politic Science, business administration Departement, Jember University

Lecture of business administration departement faculty of political and social science Jemmber University, Jember Indonesia

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Published

2019-02-13

How to Cite

Karyadi, H., Subroto, B., Rahman, A. F., & Maski, G. (2019). THE VALUE RELEVANCE OF EARNING MEASUREMENT USING OHLSON MODEL: A META-ANALYSIS. The International Journal of Accounting and Business Society, 26(2), 43–80. https://doi.org/10.21776/ub.ijabs.2018.26.2.3

Issue

Vol. 26 No. 2 (2018): The International Journal of Accounting and Business Society

Section

Articles

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