أثر خصائص الشركة و إدارة الأرباح على القيمة السوقية : دليل في الشركات الصناعية و الخدمية المدرجة في سوق عمان المالي

Abstract EN

This study aims to impact the firm‟s characteristics and earnings management practice on market value for the industrial and service companies listed on the Amman Stock Exchange, and test the impact of the profitability, financing structure, size, equity structure, audit quality and market value on the modified role of earnings management.

The study was conducted on a sample of (131) companies, (50) industrial companies (41) service companies, during (2011 – 2016).

Data were collected from company's annual reports, and considered the panel data.

In order to analyze the data of the study, descriptive tests were used, in addition to used several statistical methods to test the hypothesis of the study, including multiple regression analysis, also Modified Jones Model, 1995 was used to measure the earning management.

The study found that there is a significant effect of all company‟s characteristics on market value, except for financing structure.

It also found that there is a negative effect of earning management on the company‟s characteristics and there is no significant effect of the interaction of earning management on the relationship between the company‟s characteristics and its market value.