THE ACCOUNTING VARIABLE AND STOCK PRICE DETERMINATION

Abstract

Several tests have been conducted to determine which valuation model best fits stock price data. Given very little success, those studies suggest the need for a clear understanding of the market process of stock price determination. This paper advances the concepts of product costing and product pricing, which pertain to financial accounting valuation and the stock market price determination, respectively. This research effort presents a workable hypothesis of stock price determination.

Citation

Salvaiy, S.C.W. (1997), "THE ACCOUNTING VARIABLE AND STOCK PRICE DETERMINATION", Studies in Economics and Finance, Vol. 18 No. 1, pp. 26-61. https://doi.org/10.1108/eb028735