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SUWID 2961
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= ) (
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. 8 :
=
= 18,000 = 218,000 236,000
. 9 :
= 70,000 = 38,000 108,000
70,000
.
:

3700 610
) ( ) + (2300 . 164
) . ( ) + (606 . 18
) . ( ) - ( 50 )(70
38
) ( )( 60
__________ ______ __________ _____
= 722 = 722
= 722
) ( )(70
) ( 160
) ( )(216
.. . ) ( 200
) ( )(24
) ( )(10
) ( 20

782
:
) ( 36
) ( )(240

:
)(204
) ( 400
) ( 120
) ( )(600
) ( )(170

)(250
328
+ 614 +
942

= \
= % 21.73 = 782 \170

.
) . ( Gibson , 2001 , P 367

= /
= % 37.4 = ( 250 + 204 ) \ 170

.
)& Friedlob
(Schleifer , 2003 , P 9 - 91 .

= \
= % 6.39 = 782 \ 50

) 2006 . ( 164

= \
= 1 : 1.28 = 610 \ 782
) . 2006 . (163
)( CFO
= + \
= 1 : 1.02 = 1690 \ 942 + 782
.

). (Kieso, et al., 2005 , P 196

= \
= 1 : 2.33 = 1690 \ 3942
SUWID 2961
0 2: 5 4 0
: )(Atom
(1) 2008
(13) 2009
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(3)
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2008 , 2007 , 2006

1967 ) (Beaver ) (Altman 1968

Z = 1.21 X + 1.4X2 + 3.3X3 + .6X4 + .999X5

) (972 ) (86 ) (1975 1969) (910 )

(53 ) (58 ) (1975 1969

Z = 1.042X1 + 0.42X2 0.461X3 0.463X4 + 0.271X5

DFL EPS EBIT = S x DOL

.best reflects market pricing? Review of Accounting Studies 11(2-3): 247-251

.Review of Accounting Studies 10(4): 497-525

.Studies 13(2-3): 362-368

.opportunistic? Review of Accounting Studies 3(1-2): 209-221

.and auditor switches. Review of Accounting Studies 11(1): 21-48

Danielson, M. G. and E. Press. 2003. Accounting returns revisited: Evidence of their

.firms. Review of Accounting Studies 5(3): 235-257

.changes in profitability. Review of Accounting Studies 6(4): 371-385

Hribar, P. and N. T. Jenkins. 2004. The effect of accounting restatements on earnings

markets? An international study of timeliness and conservatism. Review of Accounting

.information. Review of Accounting Studies 2(4): 325-351

Sridhar, S. S. and R. P. Magee. 1996. Financial contracts, opportunism, and disclosure

.Studies 7(2-3): 159-162

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