The association between published accounting data and the behaviour of share prices

This dissertation presents a variety of empirical studies in financial accounting with an emphasis on the association between published accounting data and share prices. These studies are the first attempt at empirical research in accounting in South Africa. There has been an alarming lack of research in this discipline in this country and only 14 doctorates in the accounting field have ever been conferred by South African universities. The major aim of the dissertation is to contribute to the understanding of the usefulness of accounting data and the effect that certain financial disclosures (and non-disclosures) have on share prices and consequently on the wealth of the users and potential users of these data. An essential premise of this thesis is that the primary purpose of financial reporting is the provision of information useful for economic decision making.

Grantor

School of Economics

Year dc:date.issued

1983

Author dc:creator

• Knight, Rory Francis Murphy

Advisor dc:contributor.advisor

• Affleck-Graves, J

• Share Price
• South Africa
• Accounting

Handle dc:identifier.uri

https://hdl.handle.net/11427/32025

OAI identifier oai:identifier

oai:open.uct.ac.za:11427/32025