A test of ageing hypothesis in the Singapore stock market

Traditionally, accounting information is viewed as an important information content for explaining the movement of share prices. Research has shown that there is a correlation between accounting information and share prices. However the extent of using accounting information as a tool for predicting...

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Bibliographic Details
Main Authors: Chia, Sueh Yuan, Lee, Choon Kiat, Yeo, Cecil Seng Soo
Other Authors: Keshab Man Shrestha
Format: Final Year Project
Language:English
Published: 2014
Subjects:
Online Access:http://hdl.handle.net/10356/59468
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Institution: Nanyang Technological University
Language: English
Description
Summary:Traditionally, accounting information is viewed as an important information content for explaining the movement of share prices. Research has shown that there is a correlation between accounting information and share prices. However the extent of using accounting information as a tool for predicting the share price movement is limited to the pre-report period. This given set of accounting information is subsequently taken over by another set of accounting information and becomes useless for predicting the share prices in the post-report period.