اﻧﻌﻜﺎﺳﺎت ﺟﻮدة المﻌﻠﻮﻣﺎت المحاﺳﺒﻴﺔ ﻋﻠﻰ ﻋﻮاﺋﺪ اﻷﺳﻬﻢ في ﺳﻮق الجزاﺋﺮ ﻟﻸوراق الماﻟﻴﺔ

Abstract

ﻣﻠﺨﺺ اﻟﺒﺤﺚ ﺎﺑﻟﻠﻐﺔ اﻟﻌﺮﺑﻴﺔ: الهﺪف ﻣﻦ ﻫﺬا اﻟﺒﺤﺚ ﻫﻮ اﺧﺘﺒﺎر ﻣﺪى اﺳﺘﺠﺎﺑﺔ ﺑﻮرﺻﺔ الجﺰاﺋﺮ ﻟﻠﻤﻌﻠﻮﻣﺎت المحﺎﺳﺒﻴﺔ المﻨﺸﻮرة ﺎﺑﻟﺘﻘﺎرﻳﺮ المﺎﻟﻴﺔ اﻟﺴﻨﻮﻳﺔ ﻋﻨﺪ اﻻﻓﺼﺎح ﻋﻨﻬﺎ، ورﺑﻂ ذﻟﻚ ﺑﺘﻮﻗﻴﺖ اﻟﻨﺸﺮ، ﺎﺑﻹﺿﺎﻓﺔ الى تحﺪﻳﺪ اﻷﺛﺮ ﻋﻠﻰ ﻋﻮاﺋﺪ اﻷﺳﻬﻢ ﻗﺼﺪ اﺑﺮاز اﻟﻮﻗﺘﻴﺔ في المﻌﻠﻮﻣﺎت المحﺎﺳﺒﻴﺔ، واﺗﺒﻌﺖ ﻫﺬﻩ اﻟﺪراﺳﺔ ﻣﻨﻬﺠﻴﺔ الحﺪث ﻛﻔﺎءة اﻟﺴﻮق ﻋﻠﻰ المﺴﺘﻮى ﺷﺒﻪ اﻟﻘﻮي ﺧﻼل اﻟﺴﻨﻮات ﻣﻦ ﻻﺧﺘﺒﺎر ﻣﺪى2000إلى2015. وﺑﻌﺪ إﺟﺮاء اﻟﺘﺤﻠﻴﻞ اﻻﺣﺼﺎﺋﻲ تم اﻟﺘﻮﺻﻞ إلى ﻋﺪم وﺟﻮد ﺄﺗﺛير ﻣﻌﻨﻮي ذو دﻻﻟﺔ اﺣﺼﺎﺋﻴﺔ ﺧﻼل الفترة المحيطة ﺑﺘﺎرﻳﺦ اﻻﻋﻼن ﻋﻦ اﻟﺘﻘﺎرﻳﺮ المﺎﻟﻴﺔ اﻟﺴﻨﻮﻳﺔ. Abstract: This research aims to examine the extent response of Algerian stock exchange to the published accounting information in annual financial reports and relate this with timing impact on it. In addition to determine the impact on stock returns In order to show the publication importance timeliness of the accounting information The event study methodology was designed to investigate the impact of the market efficiency on stock prices of the company during 2000 to 2015. The finding of this research, after doing statistical analyzes, is that there was no significant effect, , related to the timing of publication of financial information over a period of study on stock returns in the days arounds the publication days of annual financial statements.