Por favor utiliza este link para citar o compartir este documento: http://repositoriodigital.academica.mx/jspui/handle/987654321/78105
Título: Ohlson model by panel cointegration with Mexican data
Palabras clave: Ohlson model
value relevance
panel data cointegration
Fecha de publicación: 9-Jul-2012
Editorial: Contaduría y administración
Descripción: In this study we use cointegration methods to investigate the relationship between the variables of the Ohlson model (stock price, earnings per share and book value) with panel data. The cointegration tests were applied at individual and group level (by all firms, and by sectors). The firms studied are from the Food & Beverage, Commercial and Construction economical sectors of the public companies listed on the Mexican Exchange Market. The data used was on a quarterly basis from 1997 to 2008. The empirical results, based on Johansen test, indicate that there are some individual cointegration relationships. The panel cointegration test show that the variables in the Ohlson model are not cointegrated for the Construction sector, although they are for the Commercial and Food & Beverage sectors.
Other Identifiers: http://www.scielo.org.mx/scielo.php?script=sci_arttext&pid=S0186-10422010000300007
Aparece en las Colecciones:Contaduría y Administración

Archivos de este documento:
No hay archivos asociados a este documento.

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.