أثر قرار الاستثمار على تعظيم ثروة المساهمين: دراسة قياسية لعينة من الشركات المدرجة في مؤشر Nasdaq 100

الملخص EN

Financial management seeks to focus on the goal of maximizing the wealth of shareholders by directing financial decisions to serve this objective.

therefore, this study aims to know the impact of the investment decision on maximizing the shareholders' wealth for 46 companies listed in the US Nasdaq 100 index during the period 2009 and 2020 using a multiple linear regression model based on the method of ordinary least squares OLS.

the study concluded that there is a positive and significant impact of both the investment decision and the market price of the stock on the market value added MVA, while there is a negative impact of financing through loans on the added market value.

however, the liquidity ratio, have no effect; therefore, the investment decision supports the goal of maximizing the wealth of shareholders.