أثر ممارسات إدارة الأرباح على العائد السوقي للسهم مع دراسة تطبيقية على الشركات المساهمة المسجلة بالبورصة المصرية

Abstract EN

This study aimed to study the impact of the total earnings management practices (TEM) through both the accounting earnings management practices using discretionary accrual (AEM) and the real earnings management practices (REM) together on the stock market return (r), for a sample of (59) listed companies in Egyptian stock exchange, during the period 2012-2021.

the accounting earnings management practices are measured through discretionary accrual using the modified jones model dechow et al, 1995, and the real earnings management was measured by the roychowdhury, 2006 model, and the total earnings management was measured by the a comprehensive measure.

the study showed that there is a negative significant relationship between the total earnings management practices (TEM) and the stock market return (R) for the study sample companies, and that the total earnings management practices (TEM) leads to a decrease in the stock market return.