"Value relevance of accounting information : emphasis on the financial crisis in 2008

2010

Masteroppgave i økonomi og administrasjon - Universitetet i Agder 2010 Macroeconomic instability may increase the probability of default and accelerated to financial collapse, which consequently have an impact on value relevance of accounting information. The objective in this study is to enhance the understanding of value relevance in the Norwegian stock market with emphasis on which consequences the financial crisis in 2008 had on value relevance. Given the considerable amount of value relevance research throughout time, it is impossible to adequately summarize the entire field, hence, this study presents a comprehensive review of the major areas in value relevance literature to give the …