The Effect of Accounting Conservatism on Investment Efficiency (An Empirical Study on Insurance Companies Listed in Damascus Exchange Securities)

Authors

  • Olfat Haidar Tishreen University
  • Afraa Ali Tishreen University
  • Haidar Haidar Tishreen University

Abstract

This study tested the impact of accounting conservatism on corporate investment efficiency, while distinguishing between over and under investment which indicate inefficiency of investment. to achieve that goal; secondary data was collected from the annual financial reports of the insurance companies listed on the Damascus Exchange Securities, which are available on the official website of that market. The number of companies reached 6 insurance companies, and the study covered an 11-year period from 2010 to 2020, with a total of 66 observations. Data was analyzed using E-views 10.

 The results showed that accounting conservatism has a positive effect on over-investment, this result indicates that accounting conservatism has increased the managers motivation to accept investment projects with negative net present value, while its effect on under-investment was negative, this result indicates that the conservatism has Improved investment efficiency, and encourage companies not to lose investments with positive net present value.

Downloads

Published

2024-01-31

How to Cite

1.
حيدر ا, عفراء علي, حيدر حيدر. The Effect of Accounting Conservatism on Investment Efficiency (An Empirical Study on Insurance Companies Listed in Damascus Exchange Securities). Tuj-econ [Internet]. 2024Jan.31 [cited 2025Apr.13];45(6):239-55. Available from: https://journal.tishreen.edu.sy/index.php/econlaw/article/view/16084

Issue

Vol. 45 No. 6 (2023): Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

  • The authors retain the copyright and grant the right to publish in the magazine for the first time with the transfer of the commercial right to Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences

     Under a CC BY- NC-SA 04 license that allows others to share the work with of the work's authorship and initial publication in this journal. Authors can use a copy of their articles in their scientific activity, and on their scientific websites, provided that the place of publication is indicted in  Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences   .  The Readers have the right to send, print and subscribe to the initial version of the article, and the title of Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences Publisher

  • journal uses a CC BY-NC-SA license which mean

    You are free to:

    • Adapt — remix, transform, and build upon the material
    •  
    • The licensor cannot revoke these freedoms as long as you follow the license terms.

  • Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.

  • NonCommercial — You may not use the material for commercial purposes.

  • ShareAlike — If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original.

  • No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.