دور المعلومات المحاسبية في تفسير القيمة السوقية للشركات المدرجة في البورصة : دراسة حالة فندق الأوراسي 2004-2011

الملخص EN

This study aimed to identify the role of a number of accounting variables on shares of companies listed on the Algeria Securities Exchange.

The study sample included Aurassi hotel for the time period between the years 2004 – 2011.

To achieve the objectives of the study and to test the hypotheses, have been building multiple regression models between the different independent variables (profitability indicators, capital structure, liquidity, and indicators of the relative importance of shares) and the market value of share as the dependent variable by using statistical package program SPSS.

The regression model confirms a strong significant relationship between the market value of shares and the indicators of profitability (R=0.

96) , and the relative importance of shares (R=0.

96) .

The study emphasized the need for specialized companies in the field of financial statement analysis to help investors to rationalize their investment decisions.