الإبداع المحاسبي و تأثره بالاستراتيجية المالية للمؤسسة - دراسة عينة من المؤسسات الفرنسية المدرجة بمؤشر 250SBFللفترة 2011-2014

Abstract

This study aims to identify the relationship between creative Accounting and the enterprise’s financial strategy, for the totality of French enterprises listed in the index of CAC 40 , for the period from 2011 to 2014, through the deployment of two main study models. The first model ‘the Modified Jones Model 1995’ measures the extent to which the current sample of French enterprises use creative accounting practices , and the tendency of this conduct during the study period. The second model assesses the extent to which the financial strategies influence the use of creative accounting . viadividing the main model into two sub- models , the first measures the impact of ‘earnings distribution strategy ‘ and ‘ loans strategy’ as independent variables on accounting practices ,the second assesses the impact of earnings distribution strategy and loans strategy as a single variable on conducting accounting practices. Through the current study we have found that French enterprises use creative accounting to influence the stability of their income for many reasons , mainly the personal interest of top management , tax interests , avoiding political costs and loans contract costs and there is a positive impact of the financial leverage on the absolute value of discretionary accruals, but There is no impact of earnings distribution policy on the absolute value of discretionary accruals.