The impact of covid-19 on conservatism for Palestinian Firms listed at PALESTINE EXCHANGE
Publication Type
Original research
Authors
Fulltext
Download

This research testing the impact of the Covied-19 on conservatism with the presence the financial indicators as control variables through the most popular financial performance indicators. Three variables represent conservatism were used as dependent variables (Book to market value (BTM), Accruals, and growth in provisions), whereas the Covid-19 treated as (dummy) independent variable measured by (0, 1) for 2018-2021, responded for before and after Covied-19 measurement. 33 firms listed at PALESTINE EXCHANGE surveyed with its three main sectoral classification (industrial, investment, service). Data were extracted from PALESTINE EXCHANGE and the published financial audited statements for the listed firms.

The research findings indicates that there is a change in the values for both the dependent variables and the control variable mainly the dependent ones before and after the (Covied-19) pandemic. The analysis indicates that there is significant impact on the conservatism sub-variables mainly for the book to market value, Accruals, and growth in provisions. And some impact of the control variables mainly for DA, ROE, and CR. The research recommend that the provisions, the book value, the market value shall be controlled and assessed through pandemics, and firms have to take care of establishing provisions so as to highlight the expected risk of pandemics.

Keywords:   Conservatism, Covied-19, KPIs, PALESTINE EXCHANGE.

Journal
Title
Artificial intelligence and economic sustainability in the era of industrial revolution 5, the industrial Studies in Systems, Decision and Control 528
Publisher
Springer Nature Indexed by SCOPUS, DBLP, WTI Frankfurt eG, zbMATH, SCImago
Publisher Country
Switzerland
Indexing
Scopus
Impact Factor
None
Publication Type
Online only
Volume
528
Year
2024
Pages
549-561