The objective of this research is to test the stability of systematic risk coefficients of stocks listed on the Damascus Securities Exchange through the period (4/1/2010 – 28/10/2013), and therefore the ability to use the values of these coefficients
to calculate the required rate of return on investment in the individual stocks and portfolios.
The data related to the closed prices of stocks and market index were collected from the website of DSE, which is used to estimate the values of systematic risk (Beta). Then the researcher has tested the stability of the coefficients throughout the entire period and the three sub-periods each one consists of five yearly quarters by using the time as a variable in the regression model, and by testing the significance of the coefficient of time variable.
The results of the research show that greater than 80% of these coefficients were insignificant, that is, the higher percentage of stocks have a stable Beta, and can be used to calculate the required rate of return on investment, therefore suitable investment decisions may be made upon these results.
This research aims to identify the Genral Trend of prices movements of stocks of IBTF bank listed in Damascus Securities Exchange (DSE) during the period starting from the beginning of Damascus Stock Exchange in March 2009 until the end of February 2
011, in order to construct a model helping to predict the future prices of the stock in the short term. Using regression models for time series and ARIMA models, the reseach found that there is an incresing trend in stock prices during this period, and has also concluded that the best model to predict future stock prices is the regression model of the third degree and ARIMA (2,0,1), based on several indicators to test the quality of the model in question without taking into account the emergency and seasonal changes
This research aims to test the reliability of the financial failure
prediction models most commonly used in determining the financial position of the insurance companies listed on the Damascus Securities Exchange (DSE).
To achieve the objectives of
the research has been applied models of both Altman, Sherrod and Kida insurance companies listed on the DSE, where the study included the entire research community,
consisting of six insurance companies Were subjected to the results obtained through the application of the three models to the data to insurance companies studied non parametric tests in order to ascertain whether the discrepancy results of these models are essential or not.
The results of the application of models (Sherrod, Altman and Kida)
on data insurance companies studied showed a clear contrast
between a typical Altman and Sherrod on the one hand and Kida
model on the other hand, the nonparametric statistical tests showed that the differences between the three models is significant variation spirits. The research concluded that it cannot rely on these models to determine the financial position of insurance companies studied.
This research aims to formulate an integrated model for voluntary disclosure information in the Syrian business environment, and to test the application of the proposed model in the financial statements of the year (2012) for the (22) listed companie
s in DSE.
To achieve the research goals, the research was based on the previous studies and related researches, to formulate the model and test its validation to be applied. The research tested if the listed companies in DSE disclosed any of the information which
is contained in the suggested model, by reviewing each of the (22) financial statements of the listed companies and the disclosed information was then quantified.
The research has many results as the model is validated for measuring the purposes of the voluntary disclosure. The listed companies of DSE disclosed acceptable information which is included in the model. The disclosing percentage was very low
with the highest percentage being (10%).
This study highlights the effects of adopting the International Financial Reporting Standard No. 9 (IFRS9) on measuring the financial instruments of the conventional listed banks at Damascus Security Exchange (DSE) which reached to eleven banks throu
gh an analysis of the financial statements of these banks before and after the adoption in two scenarios as follow:
1- To reclassify all available for sale (AFS) financial instruments under the fair value through profit orloss (FVTPL) category as held for trading instruments.
2- To reclassify all debt instruments under amortized costs as held to maturity (HTM) instruments and to reclassify the equity instruments under the FVTPL.
This paper aims to test the pricing efficiency, suggested by Fama (1976), at
Damascus Stock exchange at its lowest level because the absence of any evidence
to support the lowest level of efficiency will automatically means that the stock
exchange
will not be efficient on the semi-strong and strong forms of efficiency.
Two tests are applied to test Damascus Stock exchange efficiency; The
autocorrelation test and Augmented Dickey-Fuller test suggested by Engle and
Granger (1987). The study sample covers the period from January 2010 to June
2011. The paper finds that stock prices movements are not stationary and hence
suggests that Damascus Stock exchange is not efficient according to the weakform
of market efficiency.
This research aims to identify the possibility of using the information of accruals (Depreciation and Provision) basis in predicting stock market returns for companies listed at Damascus Security Exchange. The study is applied on (11) companies durin
g the period from the first quarter of 2010 until the second quarter of 2014. The hypotheses are tested using approach of simple and multiple linear regression. The research conclude that the information of accruals basis can’t predict stock market returns for next period for companies listed at Damascus Security Exchange, unless the control variables are entered, Book to Market ratio, Beta & Earning to Price ratio.
This study examined the factors affecting cash dividends policy of listed companies
in Damascus Securities Exchange(DSE) during year 2009 to 2013.Using the TOBIT
regression analysis, the study did not include year 2014 because the financial results
of the
meetings of their general assemblies noanunciarso far.
The research aims to study the extent of reliance by the investors in DSE on fundamental analysis and technical analysis in making investment decisions, additionally examines factors affecting the extent of reliance of investors on those techniques i
n their decision-making.
The research in theoretical part concept of fundamental analysis by displaying the definition , importance , information sources , standards , methods and techniques used in fundamental analysis and technical analysis by displaying the tools for the stock price and market theories and analyzes of advanced technical analysis.
Because of the emergence of variable technological developments as a new variable
in many of the cognitive aspects such as accounting, this research comes as an attempt to
examine the relationship between the quality and approach of information pre
sentation
that disclosed electronically by shareholding companies listed in the Damascus Securities
Exchange, and those factors that are likely to affect the level of this disclosure and
approach.
The research found that the improvement in the level of this disclosure on the
Internet is getting more profits and increased indebtedness and depending on the nature of
those companies. While this disclosure is not affected by capital size and the age of those
companies.
