The Moderator role of profitability indicators in the relationship between investment opportunities growth and value maximization
DOI:
https://doi.org/10.36322/jksc.176(B).19604Keywords:
investment opportunities growth, profitability indicators, value maximizationAbstract
The purpose of the current study is to examine the impact of the growth of investment opportunities achieved by industrial companies and their ability to maximize value through the moderator role of profitability indicators. Most Iraqi industrial companies suffer from a decline in their values due to the failure to specify profitability indicators for selecting investment projects. This failure will have future implications for maximizing the wealth of shareholders.
The study population included all the industrial companies listed on the Iraq Stock Exchange, while the sample consisted of fourteen companies for the period (2011 to 2022). To test the hypotheses of the study, the statistical program (SPSS) was used.
Important conclusions of the study are the weak investment opportunities growth, which affected the maximization of value, whether through an increase in total assets or an increase in stock prices. The recommendations emphasize the application of profitability indicators, particularly the (NPM) index. This indicator serves as a measure of companies' financial performance and efficiency in managing assets, ultimately leading to the maximization of their value and increased profitability for shareholders.
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قائمة المصادر
اولاً: المصادر العربية
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1- القوائم المالية للشركات عينة الدراسة.
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ثانياً المصادر الاجنبية
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