دور المعلومات المحاسبية في تفسير القيمة السوقية للاسهم: دراسة العلاقة السببية لاسهم الاوراسي للفترة ( 2004-2011)

The role of maximizing shareholders wealth depends on the market price of shares. Thus, this study tries to establish a linear relationship between the market value of El Aurassi Hotel shares (already introduced in Algerian stock exchange), as the dependent variable, and the accounting indicators such as profitability, financial structure, liquidity, the relative importance of shares, as the independent variables. The regression model confirms a significant relationship between the market value of shares and the indicators of profitability and the relative importance of shares.