أثر المخاطر القطرية على تكلفة رأس المال الشركات : دراسة قياسية لقطاعي السيارات و التجارة الالكترونية في أمريكا خلال فترة 2000 إلى 2020

الملخص EN

This study aims to analyze and measure the impact of country risks on the cost of capital for companies with a different capital structure.

To reach the study's objective, we use data from 2000 to 2020 of the cost of capital for automotive and e-commerce sector in America as dependent variables and classified economic, financial and political risks as independent variables.

The study adopted the descriptive and analytical approach using the ARDL model as a statistical tool.

The results of this study showed that financial and economic risks did not affect on the cost of capital for the capital structure consisting of close debt and equity ratios, while negatively affecting the cost of capital for the capital structure consisting of a large proportion of equity, and the impact of political risks was on both sectors.