THE SIGNIFICANCE OF ACCOUNTING INFORMATION AND THE EFFECTS ON SHAREHOLDER COMPANIES, CASE OF NORTH MACEDONIA 1995-2020
THE SIGNIFICANCE OF ACCOUNTING INFORMATION AND THE EFFECTS ON SHAREHOLDER COMPANIES, CASE OF NORTH MACEDONIA 1995-2020
Author(s): Ali MaksutiSubject(s): Economy
Published by: University of Tetova
Summary/Abstract: This research paper is based in study about the importance of accounting information and the direct effect on companies in market of North Macedonia. In details the paper examines characteristics of the solid company, stockholders’ numbers, status of companies, law of accounting in process of evidence, the changes of the prices, stock price measure and the industrial sectors in North Macedonia from 1995 till 2020. Bookkeeping is the most important process of the success of the company, and the has the greatest value relevance being the best predictor for e company, while cash flows show insignificant results. At the end, from the result of this study conclusions that are shown are from that closing price is the dependable among the stock price in detecting the accounting information value which are important in North Macedonia market. At the same time, this research paper shows the capability of valuation model to cooperate with other theories by putting the effect of accounting system information on the accounting value significance. Our results might use in educational institutions, courses or lectures or for guidelines to investors in North Macedonia, managers, owners of the companies or financial institutions for better summarize the company value.
- Issue Year: 9/2022
- Issue No: 17-18
- Page Range: 25-33
- Page Count: 9
- Language: English