{"title":"Value Relevance of Comprehensive Income","authors":"Shahwali Khan, M. Bradbury, Stephen M. Courtenay","doi":"10.2139/ssrn.2375508","DOIUrl":"https://doi.org/10.2139/ssrn.2375508","url":null,"abstract":"We investigate the value relevance of comprehensive income its components for a sample of 92 New Zealand Firms over the period 2003-2010. The change in assets revaluation reserve and the change in fair value of available-for-sale securities are associated with firm performance as summarized by stock price and returns. We also find a stronger association of aggregate comprehensive income with stock price and market returns compared to net income.","PeriodicalId":340486,"journal":{"name":"Financial Accounting III","volume":"600 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-01-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127522067","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}