A test of ageing hypothesis in the Singapore stock market

• 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: DRNTU::Business
• Online Access: http://hdl.handle.net/10356/59468
• Institution: Nanyang Technological University

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.