FINANCIAL EFFICIENCY AND ITS IMPACT ON SUSTAINABLE GROWTH RATE

Аннотация

This research aims to know and measure the effect of financial efficiency in its dimensions (as an independent variable) on the rate of sustainable growth (as a dependent variable , the research provides a cognitive and applied framework through which it shows the relationship between these two variables, as a sample consisting of (9) Iraqi industrial companies listed in Iraq Stock Exchange, for the period (2013-2022). The research problem was raised in a number of questions, including: Can financial efficiency, in its dimensions, increase the sustainable growth rate in the companies in the research sample, and what is the level of both financial efficiency and the sustainable growth rate in the companies in the research sample, and reliance was placed on financial measures and statistical programs such as ( (SPSS) and (Excel), to answer these questions, test hypotheses, and analyze the relationship between these variables. The research reached a number of conclusions, the most important of which is that there is a statistically significant effect and correlation of financial efficiency with its indicators on the sustainable growth rate of the companies in the research sample, and this was confirmed by testing the research hypotheses. Through the program (SPSS.V.26) and relying on standard multiple linear regression for the research variables, this is consistent with the research hypotheses, and in light of the conclusions, the research reached a set of recommendations, the most important of which is: Companies must rely on their own resources from property rights more than borrowing to achieve a sustainable growth rate. Which helps it continue to compete strongly in the markets.