The Predictive Capability Of Aggregate Discretionary Accounting Accruals In Damascus Exchange Market

Authors

  • Fadi Jamaan

Abstract

This research aims to study the predictive capability of Aggregate Discretionary Accounting Accruals of the listed companies in Damascus Exchange Market. to achieve that objective the researcher collect financial data for (12) listed companies. The Pearson Correlation Coefficient and simple linear regression Analysis were used to tests the hypotheses and reach the results.

The research conclude that the Aggregate Discretionary Accounting Accruals has predictive capability. This capability is high in predicting future earnings, as the Aggregate Discretionary Accounting Accruals explain 67% of earnings changes. While this capability decreases when predicting cash flows and stock market returns. As the Aggregate Discretionary Accounting Accruals explain 40% of cash flows changes, and explain 36% of stock market returns changes.

 

هدف هذا البحث إلى دراسة القدرة التنبؤية للمستحقات المحاسبية الاختيارية الإجمالية في الشركات المدرجة في سوق دمشق للأوراق المالية. لتحقيق ذلك الهدف قام الباحث بجمع بيانات مالية ل ( 12 ) شركة مدرجة في السوق، واستخدم معامل الارتباط بيرسون وتحليل الانحدار الخطي البسيط لاختبار الفرضيات والتوصل إلى النتائج.

أظهرت نتائج البحث أن المستحقات المحاسبية الاختيارية الإجمالية تمتلك قدرة تنبؤية، وهذه القدرة تكون كبيرة عندما يتعلق الأمر بالتنبؤ بالأرباح المستقبلية، حيث إنها تفسر ما نسبته  67% من تغيرات الأرباح، بينما تنخفض هذه القدرة عند التنبؤ بالتدفقات النقدية والعوائد السوقية للأسهم  حيث إن المستحقات المحاسبية الاختيارية الإجمالية تفسر ما نسبته 40% من تغيرات التدفقات النقدية، و تفسر ما نسبته 36% من تغيرات العوائد السوقية للأسهم.

Downloads

Published

2019-12-23

How to Cite

1.
Jamaan F. The Predictive Capability Of Aggregate Discretionary Accounting Accruals In Damascus Exchange Market. Tuj-econ [Internet]. 2019Dec.23 [cited 2025Apr.5];41(6). Available from: https://journal.tishreen.edu.sy/index.php/econlaw/article/view/9298

Issue

Vol. 41 No. 6 (2019): 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.