أثر ممارسات إدارة الأرباح بالمستحقات و الأنشطة الحقيقية على عوائد الأسهم : دراسة ميدانية على شركات المساهمة التكنولوجية و الخدماتية المدرجة في بورصة باريس

Abstract EN

The study aimed to examine the impact of real and accrual earnings management on stock returns in technological and service companies listed on the Paris stock Exchange in (CAC All-Tradable) Index taking semi-annual data during the period (2017-2019), the model (Kothari et al, 2005) was used to express accrual earnings management and models (Roychowdhury, 2006) and (Zang, 2012) to express real earnings management.

The study finds that there is a positive significant relationship between real earnings management through the method of sales manipulation and abnormal discretionary expenses on the stock returns, on the other hand, the study didn't find any significant effect for each of the accrual earnings management and real earnings management through the method of abnormal production costs on the stock returns.