Comprehensive Income and Net Income, Which is more powerful in predicting Future Performance
Ashraf Bataineh (),
Abedalqader Rababah and
International Journal of Academic Research in Accounting, Finance and Management Sciences, 2016, vol. 6, issue 2, 114-120
The aim of this research is to compare the ability of comprehensive income and net income to predict companies' future performance in emerging markets by studying industrial companies in Jordan, and to achieve the purpose of the study a sample of (29) companies listed in Amman Stock Exchange from industrial sector has been selected with (146) observation for the time period of (2011-2015), a multiregression testing technique has been used using (SPSS), to find out the usefulness of both net income and comprehensive income to the financial information users and to confirm which one of them is more powerful in predicting of the future performance. The results show that the current net income has more predictive power for future income and future comprehensive income than current comprehensive income. Also the results show that even thought that total comprehensive income possesses more informative content and gives further information, but still the net income is more powerful in predicting future performance.
Keywords: Comprehensive income; net income; future net income; future comprehensive income; future performance (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
http://hrmars.com/hrmars_papers/Article_12_Compreh ... e_and_Net_Income.pdf (application/pdf)
http://hrmars.com/hrmars_papers/Article_12_Compreh ... e_and_Net_Income.pdf (text/html)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hur:ijaraf:v:6:y:2016:i:2:p:114-120
Access Statistics for this article
More articles in International Journal of Academic Research in Accounting, Finance and Management Sciences from Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences
Bibliographic data for series maintained by Hassan Danial Aslam ().