Research Article
Research on Investors' Value Discovery Ability -- From the Perspective of Improving Comprehensive Income Disclosure
@INPROCEEDINGS{10.4108/eai.17-6-2022.2322643, author={Yan Zhao and Jie Zhang}, title={Research on Investors' Value Discovery Ability -- From the Perspective of Improving Comprehensive Income Disclosure}, proceedings={Proceedings of the International Conference on Information Economy, Data Modeling and Cloud Computing, ICIDC 2022, 17-19 June 2022, Qingdao, China}, publisher={EAI}, proceedings_a={ICIDC}, year={2022}, month={10}, keywords={value discovery ability; comprehensive income; improvement}, doi={10.4108/eai.17-6-2022.2322643} }- Yan Zhao
Jie Zhang
Year: 2022
Research on Investors' Value Discovery Ability -- From the Perspective of Improving Comprehensive Income Disclosure
ICIDC
EAI
DOI: 10.4108/eai.17-6-2022.2322643
Abstract
This paper use data of A-share listed companies in Shanghai stock exchange for the value finding ability of investors from the comprehensive income disclosure improvement perspective. Through empirical test, investors can find corresponding decision according to the part of the comprehensive income, but the value of ability exsit defects. After the improvement of the comprehensive income disclosure, the ability of investors to value discovery has been improved, but the degree of improvement is limited. As the regulatory authorities, they should strengthen investment education and take measures in supporting the disclosure of reform in the process of information disclosure reform.
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