The relative value relevance of accounting measures based on Chinese accounting standards and those based on international financial reporting standards

The objective of this dissertation is to investigate the relative value relevance of accounting information (earnings and book values of equity, based on two sets of financial statements) in relation to both A-and B-share prices over the following periods: (a) 1994 to 1997, (b) 1998 to 2004, and (c) 1994 to 2004. In particular, this dissertation focuses its investigation on Chinese companies that have issued two types of shares, namely, A-shares (issued to domestic investors) and B-shares (issued to foreign investors). These companies are required to prepare two sets of financial statements. One set of financial statement is prepared for the A-share investors and is based on Chinese Accounting Standards (CASs), while the other set is prepared for the B-share investors and is based on International Financial Reporting Standards (IFRSs).

Grantor dc:publisher.institution

College of Accounting

Year dc:date.issued

2007

Author dc:creator

• Ye, Guanlan

Advisor dc:contributor.advisor

• Chamisa, Eddie

Language dc:language.iso

eng

Handle dc:identifier.uri

http://hdl.handle.net/11427/5617

OAI identifier oai:identifier

oai:open.uct.ac.za:11427/5617