The impact of the balance sheet and the income statement on market value

 

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Detalhes bibliográficos
Autores: Ayuso-Estellés, Javier, Gómez-Tello, Alicia, Villanueva-García, José
Formato: artículo original
Estado:Versión publicada
Fecha de Publicación:2025
Descrição:The objective of this study is to analyse the relative importance of the balance sheet and the income statement on the market value of companies that are close to file for bankruptcy. To do this, we analyse 149 Latin American, listed, bankrupt companies. Our results show that when a company is close to its dissolution, the relative importance on the balance sheet increases whereas the relative importance of the income statement decreases. This result could be due to the investors ' behaviour. If investors foresee the possibility of a dissolution, they will show a higher interest for the liquidity value, strongly associated to the book value.
País:Portal de Revistas TEC
Recursos:Instituto Tecnológico de Costa Rica
Repositorio:Portal de Revistas TEC
Idioma:Español
OAI Identifier:oai:ojs.pkp.sfu.ca:article/7974
Acesso em linha:https://revistas.tec.ac.cr/index.php/tec_empresarial/article/view/7974
Palavra-chave:Valor de mercado
valor en libros
balance
resultado neto
quiebra
Market value
book value
balance sheet
net income
bankruptcy