Value Relevance of Consolidated Versus Parent Company Financial Statements: Evidence from the Largest Three European Capital Markets

Article OPEN
Victor-Octavian MULLER;
(2011)
  • Journal: Journal of Accounting and Management Information Systems,volume 10,issue 3 September,pages326-350
  • Subject: Consolidated Financial Statements, Parent Company Financial Statements, Market Value Relevance
    • jel: jel:G34 | jel:F23 | jel:G15 | jel:M41

Within the European Union, parent companies have to prepare and publish both consolidated and individual financial statements. The objective of financial statements with general purpose is to give information regarding the financial position, performance and changes in ... View more
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