Abstract
This study investigates the existence of value relevance of accounting information in Mauritius Stock Market using the Ohlson model (1995), which encourages the adoption of the historical price model in value relevance studies, defining value as a function of earnings and book values. Using data for the period 1998-2006, the residual earnings and clean surplus book values of thirty eight (38) companies have been computed and analysed alongside their respective quoted market prices. Results from the analysis showed that earnings and book values have value relevance in the price of shares listed on the stock exchange. The study also reveals that there is a variation with regard to value relevance of financial and non-financial firms. Keyword: Ohlson Model, Equity, Accounting Information.
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