Implementing Banking Institutions' Governance Mechanisms in Achieving Financial Sustainability an Analytical Study on a Group of Banks Listed on the Iraq Stock Exchange2012-2023

Abstract

The research aims to study the impact of commitment to applying the mechanisms of governance of banking institutions in achieving financial sustainability. The study sample represents a number of banks listed in the Iraq Stock Exchange. The independent variables were measured by (the number of independent members in the board, the number of directors in the board, the number of committees in the board, the percentage of shares owned by major shareholders in the board, and the size of the bank). The dependent variable is financial sustainability, which was measured by (capital adequacy index, profitability index, liquidity index). The descriptive analytical approach was used to achieve the study objectives. One of the most important conclusions reached by the study is that financial sustainability is a relatively modern concept and that achieving it in Iraqi banks is a necessity and a goal at the same time. The most important proposals are to urge Iraqi banks to implement governance and continuous monitoring by the Central Bank in order to keep pace with technological developments in the field of governance.