THE EFFECT OF ANNOUNCING THE DIVIDEND ACCORDING TO THE INTERNATIONAL ACCOUNTING STANDARD (IAS 33) ON THE MARKET VALUE OF THE SHARE
This research aims to demonstrate the effect of announcing dividends according to the International Accounting Standard (IAS 33) on the market value of the shares of companies listed in the Iraq Stock Exchange. The research community was represented by the sector (industry, hotels and tourism, agriculture, banks), while the research sample consisted of (8) companies listed in the Iraq Stock Exchange for the period (2015-2018) and the research used description and analysis of data and testing hypotheses of some financial indicators and statistical tests using. The simple and multiple regression model, to identify the effect between the search variables, using the earnings per share index as it is one of the important and commonly used indicators by dealers in the financial markets to measure the impact of the announcement of the dividend distribution on the market value of shares. The research reached a number of results, most notably, the presence of a positive and significant effect, and the percentage of interpretation of the regression model indicates that the changes that occur in the market value of the share are due to the two variables of announcing dividends and earnings per share. The most important recommendations were to activate the financial markets through the establishment of educational courses for investors to increase their awareness of the available financial and non-financial information to rationalize their investment decisions and improve the strength of the market.
The Announcement of Dividends, the International Accounting Standard (IAS 33), the Market Value of the Share