إستخدام نموذج Ardl لقياس أثر إدارة الأرباح على الأداء المالي في بورصة الجزائر للفترة (2008-2020)

Abstract

The objective of this study is to search for the impact of earnings management on the financial performance in the Algiers Stock Exchange for the period (20082020) by taking the annual data of the economic institutions listed on the Algiers Stock Exchange. The earnings management behavior was measured by the (BENEISH) model and the financial performance of the stock exchange by the index (DZINDEX) .Also, using the Autoregressive Distributed Lag (ARDL) model In addition, the results of the study concluded that there is a cointegration relationship in the long term Also, there is a significant negative effect between earning management and financial performance from through the two indicators are Days Sales in Receivables Index (DSRI) and Sales and general and administrative expenses index (SGAI),and a positive significant effect through the sales growth index (SGI).