Journal title FINANCIAL REPORTING
Author/s Stefania Veltri, Olga Ferraro
Publishing Year 2012 Issue 2012/3 Language Italian
Pages 21 P. 9-29 File size 533 KB
DOI is like a bar code for intellectual property: to have more infomation click here
Below, you can see the article first page
If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits
FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.
The main aim of the article is to test that the Other Comprehensive Income (OCI) is incrementally value relevant for investors with respect to net income. Literature review highlights mixed results. The authors, hypothesizing that one of the main causes of the inconsistency of results is the use of OCI data from the period before implementation of comprehensive income reporting (as if OCI numbers), used in their value relevance regression analysis as reported OCI numbers in the listed companies’ financial accounts. The sample comprehends the groups listed on the Milan Stock Exchange. Our evidence supports the conclusion that the as reported OCI numbers are incrementally value relevant for investors.
Keywords: Value relevance, net income, other comprehensive income, Italy, listed groups, as reported data.
Stefania Veltri, Olga Ferraro, La value relevance incrementale dell’other comprehensive income rispetto al net income. Un’analisi sulle società quotate in Italia in "FINANCIAL REPORTING" 3/2012, pp 9-29, DOI: 10.3280/FR2012-003002