Dependency on Accounting and Economic Information to Explain the Variances of Stock Market Prices and Investments Rationalizing in Palestine Exchange

Authors

  • د. عماد محمد الباز
  • أ. محمد عيسى الشيخ علي

Keywords:

Accounting and Economic Information, Variances, Stock Market Prices, Investments, Palestine Exchange

Abstract

The objective of this study is to determine the extent of reliance on

accounting and economic information to explain the variances in the

market prices of stocks and to rationalize the investment decisions on

the market securities exchange (case study is the companies registered

on Palestine Securities Exchange) from 2004- 2011.The sample size

of is 14 companies, divided into five sectors.The study uses annual,

quarterly stock prices and other accounting and economic information,

as well as a set of statistical correlation and regression to test the main

hypotheses.The statistical analysis indicates that there is a significant

positive relationship between the book value, rates of return on equity

and exchange rates on the one hand and between quarterly stock prices

on the other hand.The accounting information can explain the differences

in stock prices with a greater degree of economic information.The main

recommendations of this study are: there is a need for the Palestinian

stock market investors to build their investment decisions on accounting

information, and the need for companies to deploy a unified set of

accounting ratios with quarterly and annual reports, therefore investor

can evaluate the performance of these companies before making

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Published

2017-05-20

How to Cite

الباز د. ع. م., & الشيخ علي أ. م. ع. (2017). Dependency on Accounting and Economic Information to Explain the Variances of Stock Market Prices and Investments Rationalizing in Palestine Exchange. Al-Quds Open University for Administrative & Economic Research & Studies, 1(2). Retrieved from https://journals.qou.edu/index.php/eqtsadia/article/view/283

Issue

Vol. 1 No. 2 (2015): المجلد الأول،ع(2)،شعبان1436هـ/حزيران2015م

Section

الأبحاث

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