The Impact of Ownership Structure to Enhance the predictive ability of Accounting Information

Abstract

     The research aims to demonstrate the extent of the impact of disclosure of ownership structures in enhancing the predictive ability of accounting information as an indicator of the efficiency and effectiveness of the economic entity and its actual and practical ability to continue and bear possible degrees of risk at the moment of occurrence of the risk. The main research problem was represented by the following question: "Is there an impact of disclosure of ownership structure in enhancing the predictive ability of accounting information for economic entities listed. in the Iraq. Stock Exchange.?". 65 questionnaires were used and distributed in some banks listed in the Iraq Stock Exchange.. The research reached, after analyzing the study variables and testing the hypotheses, the most important conclusions that the ownership structure is one of the important governance mechanisms and affects its quality and, as a result, the decisions taken by the company's board of directors. There is interest and analysis of data related to decision-making, especially investment decisions, which positively affects enhancing the predictive ability of accounting information. The research recommends that regulatory authorities and those responsible for financial markets work to strengthen governance mechanisms to prevent any party that owns shares from controlling their decisions, which enhances the predictive capacity of accounting information for economic entity.