أثر ممارسات إدارة الأرباح على أسعار أسهم الشركات المسجلة بسوق الأوراق المالية الليبي : دراسة تحليلة

الملخص EN

This study aimed to identify the impact of earnings management practices by the listed companies in the Libyan securities and exchange market on the fair pricing of their current shares.

The study stated four indicators that related earnings management practices, which relied by the investors or their vices to make their invested decisions.

The four ones are the profitability after taxation the return on voucher the return on ownership the profitability of share.

Consequently, after the data collection of the sample by our tools, and the statistical analysis of data, the study became able to present a satisfied and scientific evidence to recognize that the listed companies in the Libyan securities and exchange market act the earnings management practices through the previous indicators.

In addition, all the four indicators except the return on voucher affect directly and negatively on the fair pricing of current shares, resulting in harm strongly on the efficiency of market.