IDEAS home Printed from https://ideas.repec.org/a/jaf/journl/v14y2023i1n490.html
   My bibliography  Save this article

Facteurs fondamentaux affectant le cours de l'action des sociétés de services de traitement électronique des données (EDP)

Author

Listed:
  • Simon RAFAQAT
  • Sana RAFAQAT
  • Sahil RAFAQAT
  • Saoul RAFAQAT
  • Dawood RAFAQAT

Abstract

Objectif - Cet article vise à analyser l'impact des facteurs fondamentaux sur le cours de l'action des sociétés de services informatiques (EDP) de taille moyenne cotées à la bourse NASDAQ au cours de la période allant de 2016 à 2020.Conception/méthodologie/approche - Les auteurs utilisent des outils statistiques tels que les corrélations de Pearson, le test de multicolinéarité, le test d'autocorrélation, l'ANOVA, l'analyse de régression multiple, la normalité, l'hétéroscédasticité. En outre, en utilisant l'analyse des ratios, les ratios financiers/facteurs fondamentaux, y compris la taille de l'entreprise, le rendement des capitaux propres, le taux de rotation des actifs, le ratio actuel, la marge bénéficiaire nette, le ratio d'endettement, le rendement des actifs, le bénéfice par action et la trésorerie d'exploitation rapport de débit, ont été sélectionnés pour l'étude.Résultats - Les résultats de l'analyse de régression multiple indiquent que le taux de rotation des actifs et la taille de l'entreprise ont un impact significatif négatif tandis que le bénéfice par action a un impact significatif positif. De plus, le ratio d'endettement a un impact positif non significatif alors que le ratio actuel, la marge bénéficiaire nette, le rendement des actifs, le rendement des capitaux propres et le ratio de flux de trésorerie d'exploitation ont un impact négatif non significatif sur le cours de l'action des sociétés expérimentées. En outre, la valeur R au carré montre que le cours de l'action est influencé à 59 % par les facteurs fondamentaux sélectionnés et l'ANOVA illustre que ces facteurs ont un impact significatif combiné sur le cours de l'action.Originalité/valeur - L'étude est l'une des rares à analyser l'influence des facteurs fondamentaux internes sur le cours de l'action des sociétés de services informatiques (EDP) cotées au NASDAQ sur la période 2016-2020.

Suggested Citation

  • Simon RAFAQAT & Sana RAFAQAT & Sahil RAFAQAT & Saoul RAFAQAT & Dawood RAFAQAT, 2023. "Facteurs fondamentaux affectant le cours de l'action des sociétés de services de traitement électronique des données (EDP)," Journal of Academic Finance, RED research unit, university of Gabes, Tunisia, vol. 14(1), pages 16-28, June.
    • Handle: RePEc:jaf:journl:v:14:y:2023:i:1:n:490
    as

    Download full text from publisher

    File URL: https://www.scientific-society.com/journal/index.php/AF/article/view/606
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. P. Srinivasan, 2012. "Determinants of Equity Share Prices in India: A Panel Data Approach," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 15(45), pages 205-228, December.
    2. repec:eme:maj000:02686900510592089 is not listed on IDEAS
    3. Hipp, Christiane & Grupp, Hariolf, 2005. "Innovation in the service sector: The demand for service-specific innovation measurement concepts and typologies," Research Policy, Elsevier, vol. 34(4), pages 517-535, May.
    4. Hogan, Teresa & Hutson, Elaine, 2005. "Capital structure in new technology-based firms: Evidence from the Irish software sector," Global Finance Journal, Elsevier, vol. 15(3), pages 369-387, February.
    5. Junaid M. Shaikh, 2005. "E‐commerce impact: emerging technology – electronic auditing," Managerial Auditing Journal, Emerald Group Publishing Limited, vol. 20(4), pages 408-421, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. K. J. Wang & J. Widagdo & Y. S. Lin & H. L. Yang & S. L. Hsiao, 2016. "A service innovation framework for start-up firms by integrating service experience engineering approach and capability maturity model," Service Business, Springer;Pan-Pacific Business Association, vol. 10(4), pages 867-916, December.
    2. Tor Helge Aas & Karl Joachim Breunig & Katja Maria Hydle, 2017. "Exploring New Service Portfolio Management," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 21(06), pages 1-31, August.
    3. Ana Venâncio & João Jorge, 2022. "The role of accelerator programmes on the capital structure of start-ups," Small Business Economics, Springer, vol. 59(3), pages 1143-1167, October.
    4. Frank Crowley & Jane Bourke, 2017. "The Influence Of Human Resource Management Systems On Innovation: Evidence From Irish Manufacturing And Service Firms," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 21(01), pages 1-28, January.
    5. Wei-Shong Lin & Jui-Ling Huang & Margaret L. Sheng, 2014. "How the Organizational Goals Affect Knowledge Management," International Journal of Management, Knowledge and Learning, International School for Social and Business Studies, Celje, Slovenia, vol. 3(1), pages 3-22.
    6. John S Heywood & Uwe Jirjahn & Annika Pfister, 2020. "Product market competition and employer provided training in Germany," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 29(2), pages 533-556.
    7. Seungil Yum, 2019. "The interaction between knowledge-intensive business services and urban economy," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 63(1), pages 53-83, August.
    8. Crass, Dirk & Schwiebacher, Franz, 2013. "Do trademarks diminish the substitutability of products in innovative knowledge-intensive services?," ZEW Discussion Papers 13-061, ZEW - Leibniz Centre for European Economic Research.
    9. Marja Toivonen, 2010. "Different Types of Innovation Processes in Services and their Organisational Implications," Chapters, in: Faïz Gallouj & Faridah Djellal (ed.), The Handbook of Innovation and Services, chapter 10, Edward Elgar Publishing.
    10. Rodriguez, Mercedes & Doloreux, David & Shearmur, Richard, 2017. "Variety in external knowledge sourcing and innovation novelty: Evidence from the KIBS sector in Spain," Technovation, Elsevier, vol. 68(C), pages 35-43.
    11. Bettina Peters & Rebecca Riley & Iulia Siedschlag & Priit Vahter & John McQuinn, 2018. "Internationalisation, innovation and productivity in services: evidence from Germany, Ireland and the United Kingdom," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 154(3), pages 585-615, August.
    12. Graciela Corral de Zubielqui & Janice Jones & David Audretsch, 2019. "The influence of trust and collaboration with external partners on appropriability in open service firms," The Journal of Technology Transfer, Springer, vol. 44(2), pages 540-558, April.
    13. Bernhard Dachs & Sabine Biege & Martin Borowiecki & Gunter Lay & Angela Jäger & Doris Schartinger, 2014. "Servitisation of European manufacturing: evidence from a large scale database," The Service Industries Journal, Taylor & Francis Journals, vol. 34(1), pages 5-23, January.
    14. Insu Cho & Heejun Park & Joseph Kim, 2012. "The moderating effect of innovation protection mechanisms on the competitiveness of service firms," Service Business, Springer;Pan-Pacific Business Association, vol. 6(3), pages 369-386, September.
    15. Paolo Castelnuovo & Stefano Clo & Massimo Florio, 2021. "Space policy drives innovation through technological procurement: evidence from Italy," Working Papers - Economics wp2021_08.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
    16. Herz, Benedikt & Mejer, Malwina, 2019. "Effects of the European Union trademark: Lessons for the harmonization of intellectual property systems," Research Policy, Elsevier, vol. 48(7), pages 1841-1854.
    17. Daria Ciriaci & Daniela Palma, 2012. "To what extent are knowledge-intensive business services contributing to manufacturing? A subsystem analysis," JRC Research Reports JRC71097, Joint Research Centre, revised Aug 2012.
    18. Gonzalo Maldonado-Guzmán & José Trinidad Marín-Aguilar & Sandra Yesenia Pinzón-Castro, 2017. "Service Innovation in Mexican Small Business," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 7(4), pages 1-1.
    19. Gry Agnete Alsos & Dorthe Eide & Einar Lier Madsen, 2014. "Introduction: innovation in tourism industries," Chapters, in: Gry Agnete Alsos & Dorthe Eide & Einar Lier Madsen (ed.), Handbook of Research on Innovation in Tourism Industries, chapter 1, pages 1-24, Edward Elgar Publishing.
    20. Jun Du & Alessandra Guariglia & Alexander Newman, 2010. "Does social capital affect the financing decisions of Chinese small and medium-sized enterprises?," Discussion Papers 10/13, University of Nottingham, GEP.

    More about this item

    Keywords

    NASDAQ; EDP services; Technology Company; Return on assets; Return on equity; Earnings per share; NASDAQ; EDP services; Technology Company; Return on assets; Return on equity; Earnings per share;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • N8 - Economic History - - Micro-Business History
    • G3 - Financial Economics - - Corporate Finance and Governance

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jaf:journl:v:14:y:2023:i:1:n:490. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oussama Elkaceh (email available below). General contact details of provider: https://edirc.repec.org/data/urredtn.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.