اثر تطبيق القيمة العادلة على تقييم الأصول المالية

Résumé: Abstract: This research addresses the impact of applying the fair value on evaluating the financial assets through an empirical study on the Saudi stock market - with reference to the stock exchange market of Algeria for the period 2014-2017.The sample of this study included the stocks of the financial sector in Saudi stock exchange market for 11 enterprises and 04 enterprises listed in the Algerian stock exchange market. The fair value was measured according to the following models: Jordan model, fair valuing, multiplier of profitability, Helson model and then choosing the best model that explains the market value.In addition to the measurement of the impact of using the fair value accounting on net return per share. This study attempts also to measure the impact of accounting information based on fair value on the return and market value of the share through examining the relationship between the beta �� coefficient and the expected return on equity, as well as the relationship between the distributed profit and the market value of the Saudi stock market. This study reveals the existing of co-integration between the coefficient �� and the return by using the Panel model and the co-integration analysis. The results support the existence of a significance negative relationship among these variables in the short and the long run. Adding to that, the first model has a rapid ability to return to equilibrium.

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