دور المعلومات المحاسبية المنشورة في التنبؤ بأسعار الأسهم في بورصة الأوراق المالية في المملكة الأردنية الهاشمية : دراسة تطبيقية

Abstract EN

Accounting is concerned with providing information to decision-makers' An investor uses the accounting information to evaluate a company.

Should he buy stock of this company.

What are expected dividends? How risky is the company? How competitive has rnanagement been in products, prices and costs? The problem of this study is how can he measure the share's price of a company from the disclosed annual reports.

The main purpose of this research is to determine the variables that influence the company share's price then to build up an accounting model with which the investors can measure the share price easily and objectively' The dependent variable of this study is the "company share's price"' While the independent variables that influence it are: net profit/ owner's equity, net profit/total assets, net profit/operation revenue' net cash flow/total assets, dividends/net realized profit, one dinar productivity, owner's equity/total liability, current ratio, interests/total expenses, market value/book value, fixed assets/total assets, wages/total expenses, earning per share, management efficiency, the expected net profit, the actual net profit/the expected profit, and intangible assets/total assets.

Among the results that have been deduced are: * There is a positive relationship between the company share's price and earning per share, net cash flow/total assets, net profiVowner's equity, net profiVtotal assets, net profiU operation revenue, dividends/ net realized profit, one dinar productibity, owner's equity/ total liability, current ratio, interests/ total expenses and market value/book value.

* There is a negative relationship between the company share's price and fixed assets/ total assets, and wages/total expenses.

* The most important variable that influence company share's price with a colrelation coefficient equals 0.98678.

are earning per share, net profit/ total assets, dividends/net-realized profit, owner's equity/total liability, and market value/ book value.