الدور التفاعلي لانموذج العوائد الاعلى من المعدل في العلاقة بين ابعاد المنطق الاستراتيجي وقيمة الاسهم : دراسة تطبيقية لقطاعي التامين والصناعة في سوق العراق للاوراق المالية == The moderating Role of the above - level return model in the relationship between strategic logic dimensions and stocks value Practical study on Insurence and industry sectors in Iraqi stock exchange
Author name:
ندى عبد القادر عبد الستار الشريدة
Supervisor name:
محمد حسين منهل العيساوي | جليل كاظم مدلول العارضي
General topic:
Administration and Economics
Specific topic:
Business Administration
Degree:
Doctorate
University:
University Of Basrah - Faculty Of Administration And Economics
Language:
Arabic
University location:
Basrah
First pages:
07T4599 - p.pdf
Abstract:
The current study aims to find out the relationship and interactions between the strategic logic dimensions and the stock's value in Iraq capital market, by utilizing the highest returns on average model as a moderating variable.To measure and test the relationship of effect between the different study variables, a number of research methods mainly the empirical and historical research methods.The sample of study consisted of all (25) insurance and industrial shareholding companies of private sectors in Iraq. A total of 95 in top and middle management were interviewed and their views were gathered by a questionnaire. This questionnaire was designed based on international standards after being adapted to local environment. The data was tested by statistics tools as discovery and Confirmatory factor analysis to choose the questionnaire variables. To analysis the data correlation and regression analysis, and structural equation model (SEM) were used, utilizing (Amos : v.21) and (SPSS : v.21) to reach the results and determined a proposed model.Certain conclusions were reached : 1. Profitability analysis (return on investment and return on equity) results in both sectors (insurance and industrial) were varying between companies within the same sector and both sectors. Insurances companies were achieving continuing but rather low profits while the industrial companies were mostly gaining losses.2. Return per share is higher in industrial sector than insurance due to decrease profitability and the dividends per share. The reason is that the high costs in the industrial sector than insurance. 3. Stock's value analysis showed that in the industrial sector the stock's value is higher than in Insurance despite the decrease profitability. This come to contradicts The financial rule which states that profitability and dividends increase the stock's value. That means there are other factors determine the stock's value in capital market
