ANALYSIS OF FINANCIAL PERFORMANCE IN VARIOUS SECTORS: APPLICATION OF THE BENEISH M-SCORE MODEL IN CASABLANCA STOCK EXCHANGE MOROCCO

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  • Ben Nokro Soufiane Doctoral Student, Université Abdelmalek Essaadi, Morocco
  • El Kharrim Moad Professor, Université Abdelmalek Essaadi, Morocco

DOI:

https://doi.org/10.46827/ejefr.v8i5.1840

Klíčová slova:

financial performance, M-Score, accounting manipulation, financial indicators, profitability, liquidity

Abstrakt

This paper evaluates the financial performance of companies from different sectors on the Moroccan financial market, using the Beneish M-Score model. Initially developed to detect financial anomalies, the M-Score has evolved into a tool for assessing companies' overall financial performance and earnings quality. By analyzing financial indicators such as profitability, liquidity and operational efficiency, this study compares the financial dynamics of companies in sectors such as food, technology and transportation. The results highlight significant differences in performance, revealing both strengths and weaknesses in companies' financial management. The study also provides a comparison with industry standards, and offers recommendations for improving the assessment of financial performance using financial indicators and the M-Score.

 

JEL: G32, M41, L25

 

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Biografie autora

  • Ben Nokro Soufiane, Doctoral Student, Université Abdelmalek Essaadi, Morocco

    Soufiane Ben Nokro is a PhD student at Abdelmalek Essaâdi University, specializing in finance and Islamic financial market studies. His research focuses on the dynamics of Islamic finance, exploring how Islamic financial principles and markets operate within the broader global financial system. As a doctoral candidate, he is deeply involved in examining the unique characteristics and challenges of Islamic finance, contributing to the growing body of knowledge in this field while collaborating with experts and researchers in finance and economics.

  • El Kharrim Moad, Professor, Université Abdelmalek Essaadi, Morocco

    Professor Moad El Kharrim is an academic at Abdelmalek Essaâdi University, specializing in econometrics and applied statistical modeling in economics and finance. He leads research on the role of artificial intelligence in enhancing business management, focusing on improving organizational performance and decision-making processes. His work integrates sustainable management practices with digital transformation, emphasizing the environmental benefits of AI.

Reference

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Xu, T., Liu, J., & Cheng, H. (2023). Predicting Fraud in U.S.-Listed Chinese Companies: An Empirical Analysis based on M-Score and F-Score Models. Advances in Economics, Management and Political Sciences, 3, 177. https://doi.org/10.54254/2754-1169/20/20230177

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Stažení

Publikováno

2024-10-24

Číslo

Vol 8 No 5 (2024)

Sekce

Articles