This study aims at providing empirical evidence related to value relevance of earnings per
share, book value per share, dividend per share, price-to-book value per share, cash flow
from operations, net worth and assets turnover ratio on the share price of construction
contract of real estate companies listed on Bombay Stock Exchange (BSE). The study is
conducted using secondary data. Two panel data techniques, i.e., fixed-effect model and
random effect model, are employed to examine the value relevance of accounting
information in construction companies listed on BSE. Earnings per share and price-to-book
value per share are reported to have positive and statistically significant relationship with
share price.
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