Journal of
Marketing Development and Competitiveness
Scholar Gateway
Abstracts prior to volume 5(1) have been archived!
Issue 5(1), October 2010 -- Paper AbstractsGirard (p. 9-22)
Cooper (p. 23-32)Kunz-Osborne (p. 33-41)Coulmas-Law (p.42-46)Stasio (p. 47-56)Albert-Valette-Florence (p.57-63)Zhang-Rauch (p. 64-70)Alam-Yasin (p. 71-78)Mattare-Monahan-Shah (p. 79-94)Nonis-Hudson-Hunt (p. 95-106) 
JOURNAL OF ACCOUNTING AND FINANCE
Supply and Demand of Information Influencing Firm Valuation
Author(s): Zane Swanson, Glen D. Moyes
Citation: Zane Swanson, Glen D. Moyes, (2020) "Supply and Demand of Information Influencing Firm Valuation," Journal of Accounting and Finance, Vol. 20, ss. 4, pp. 35-57
Article Type: Research paper
Publisher: North American Business Press
Abstract:
“Accounting represents firm information economics” is a premise for the allocation of scarce resources. Here, the analysis starts with a clean surplus model as the conceptual framework. Then, the theoretical firm information pertaining to the economic supply-and-demand features are incorporated within a path diagram. This framework is investigated empirically with simultaneous regression equations and a structural equation model (SEM). Both approaches have explanatory power. Also, a latent variable measure of internally generated intangible assets positively and significantly affects net income. Sensitivity subsamples investigate size and risk factors for robustness. Thus, this study expands the SEM financial accounting research frontier.
