Diagnosing financial Slack and Investing it in achieving financial stability for joint-stock industrial companies An Analytic Study of a Sample of the companies listed in Iraq stocks for (2013-2021)

Abstract

      The current paper aims to study the relationship between of investing financial slack and financial stability of contribution industrial companies, and to achieve the objectives of the paper and answer its questions, the paper was tested on a sample of contribution industrial companies, using the data published on the website of the Iraq Stock Exchange for the period (2013-2021), the sample included (11) contribution industrial companies, and the data was analyzed using financial indicators and statistical methods, such as multiple regression analysis, the normal distribution test, and the unit root test to verify the stability of time series, in addition to using the statistical program (Eviews-12) to analyze the data and extract statistical results, and the paper adopted on the inferential approach that allows the researcher defines the problem and then collects and analyzes relevant data, the results showed that financial slack available contributes to increasing financial stability, while the potential financial slack leads to a decrease in the financial stability rate, as it has been statistically proven that there is an impact relationship with a positive moral significance for financial slack in available financial stability, and the presence of a significant, inversely significant impact relationship for potential financial slack on financial stability