Value Relevance and Share Price Dynamics: An Empirical Analysis of Indian Multinational Corporations (Record no. 134738)
[ view plain ]
| 000 -LEADER | |
|---|---|
| fixed length control field | 01916nas a2200229Ia 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 250101c99999999xx |||||||||||| ||und|| |
| 022 ## - INTERNATIONAL STANDARD SERIAL NUMBER | |
| International Standard Serial Number | 0019-4662 |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Goyal, Pallavi |
| 9 (RLIN) | 124309 |
| 245 #0 - TITLE STATEMENT | |
| Title | Value Relevance and Share Price Dynamics: An Empirical Analysis of Indian Multinational Corporations |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Name of publisher, distributor, etc. | The Indian Economic Journal |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2024 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 807-815 |
| 520 ## - SUMMARY, ETC. | |
| Abstract | The share price is one of the major aspects of taking financial decisions by the investors. This study has investigated the impact of value relevance on the share price of Indian multinational companies. In this study, the top 10 multinational corporations (MNCs) have been taken for the analysis of data from the financial year 2018-2019 to 2022-2023. However, share price has been considered a dependent variable, whereas earnings per share (EPS), book value per share (BVPS), price to book value (PB), price to earnings (PE) and assets turnover ratio (ATR) have been considered independent variables. By employing correlation, ordinary least squares (OLS), fixed effect model (FEM), random effect model (REM), Hausman test and the Jarque-Bera test, data have been analysed and significant associations among the given variables have been found. The outcome of the study has revealed that there is a significant impact of value relevance on the share price of the MNCs in India, as the p value derived from the analysis is less than .05. This means that a statistically significant relationship exists between the variables considered in the study.JEL Codes: G10, M41, Y10 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Ordinary Least Square |
| 9 (RLIN) | 124310 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Share Price |
| 9 (RLIN) | 124311 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Value Relevance |
| 9 (RLIN) | 124312 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Panel Data Analysis |
| 9 (RLIN) | 122171 |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Arya, Vijay Vrat |
| 9 (RLIN) | 124313 |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Ayushman, * |
| 9 (RLIN) | 124314 |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Kumar, Sanil |
| 9 (RLIN) | 124315 |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://doi.org/10.1177/00194662241277265">https://doi.org/10.1177/00194662241277265</a> |
| 999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
| Koha biblionumber | 134738 |
| Withdrawn status | Lost status | Damaged status | Not for loan | Home library | Current library | Date acquired | Serial Enumeration / chronology | Total Checkouts | Barcode | Date last seen | Price effective from | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dr VKRV Rao Library | Dr VKRV Rao Library | 01/01/2025 | Vol. 72, No. 5 | AI985 | 01/01/2025 | 01/01/2025 | Article Index |