The Impact of Corporate Governance Mechanisms on Reducing Financial Fragility

Abstract

      The current research helped to identify the extent of the impact of the screen for all companies in reducing financial migration and in order to achieve the research objectives and answer its questions, its advertisements are a special research in a company registered in the Iraq Stock Exchange, as a research was created from (10) private commercial banks for a period of (2014-2023), and its data was actually collected. You can determine the official sites of the Iraq Stock Exchange and the Securities Commission, and a group of settlements were not researched that focused on identifying the independent variable impact of corporate penetration in the dependent variable of financial fragility, for everyone about that problem related to the questions related to the research to achieve the main goal of the tank coordination link and influence between the variables, and the various research formats were measured completely, as the independent variable for membership was measured only companies extended by the mechanism of the size of the board of directors through the extent of knowledge of what can be done to know the methods of the number of board members for each year for smart banks. Research, as well as the structure of its types (administrative ownership - ownership - affiliate - private translation - government answer - foreign government - concentrated ownership - dispersed ownership - relative concentration of ownership - ownership Freehold) by dividing the number of shares owned by each type of structure by the total company name, and the variable of financial fragility was measured using the Z-Score model of 1995 known as the (Zeta 3) model, in addition to using some specific types using the (SPSS v.27) program and reached a group of the most important of which is that the structure contributes to calculating financial fragility, one of the main members in reducing conflicts of interest between participants, as it participates in other companies on opportunistic controls for management through a group of white mechanisms that provide protection for registered investors and prevent the failure of partial companies conflict between members between many and managers, as it is the most important reasons for activating membership by members of the oversight of financial subscriptions, and the need to pay attention to reducing levels of financial fragility by calculating reliance on the student account.