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Abstract

Creditworthiness And their relation With Earning Management Empirical Study on corporations listed on Palestine Exchange

The study aimed mainly to measure the impact of Creditworthiness in the reduction of Earning Management of The Corporations listed in the Palestine Exchange (PEX ), through a measuring the degree of Creative accounting for the corporations listed in ( PEX) , and identify the degree of credit efficiency (Creditworthiness )of each Corporations , then examine the

relation between the degree of used Earning Management, and the degree of (Creditworthiness of these corporations according to the related models.

The study used the description and analytical approach by fetching the

degree of Creditworthiness and the degree of Earning Management of each firm through the financial statement distributed ( 2009 to 2011)

The study concluded several results ,including: that the managements

exercise the Earning Management, regardless of the size (capital) of the firm,

or the economic sector which belong with. and the results showed that (54.167%) of firms at least suffer from faltering economic case , the results also showed there's no significant relation between the practice Earning Management and the degree of Creditworthiness for these firm according to (Z-score and Springate) models , while there's significant relation between the practice of Earning Management and the degree of Creditworthiness to these firm as a (Fulmer) model.

The study recommended several important points including: it's necessity for relevant institutions in the Palestinian State as Palestine Investment promotion Agency ( PIPA ) and Palestinian Exchange (PEX) to develop legislative and legal framework, which enable firm to deal with the Credit Rating Agencies, and get a credit rating grade. In addition to the necessity to sensitize the top management about the seriousness of practice of Earning Management.

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