تأثير إدارة الأرباح في قيمة الشركة: دراسة تطبيقية على المصارف المدرجة في سوق العراق للأوراق المالية للمدة 2006-2023
DOI:
https://doi.org/10.59992/IJFAES.2025.v4n6p4الكلمات المفتاحية:
قيمة الشركة، إدارة الأرباح، نظرية الوكالة، نظرية الإشارة، الشفافية المالية، نموذج DKSEالملخص
تهدف الدراسة الحالية إلى معرفة تأثير إدارة الأرباح على قيمة الشركة باستخدام عينة من المصارف المدرجة في سوق العراق للأوراق المالية خلال المدة 2006-2023. وقد تم استخدام أسلوب العينة القصدية لاختيار 16 مصرفاً لديها بيانات كاملة للفترة المحددة وتعمل في إطار نظام مصرفي تقليدي يتميز باعتمادها على المعاملات القائمة على سعر الفائدة. ولاختبار الفرضية الرئيسية للدراسة وتحقيق أهدافها، تم تطبيق نموذج (The Driscoll-Kraay Standard Error) لتحليل البيانات، وتوصلت الدراسة إلى نتيجة مفادها أن هناك تأثير عكسي ومعنوي لإدارة الأرباح على قيمة الشركة مع ضبط بعض المتغيرات على مستوى الشركة والسوق والاقتصاد الكلي. كما قدمت الدراسة العديد من التوصيات كان من أهمها ينبغي على الجهات التنظيمية تعزيز حوكمة الشركات من خلال تطبيق أطر عمل أكثر صرامة، وتحسين جودة التدقيق، وضمان التقارير المالية الأخلاقية. فضلاً عن ذلك، فإن تعزيز وعي المستثمرين، واعتماد استراتيجيات إدارة المخاطر، من شأنه أن يُعزز الاستقرار المالي، ويُقلل من عدم تناسق المعلومات، ويُعزز ثقة السوق.
المراجع
المراجع باللغة العربية
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