تفاعل مكونات المرونة المالية للمصارف : دراسة تحليله لعينة من المصارف التجارية المدرجة في سوق العراق للأوراق المالية للمدة (2012-2016)‎

Abstract EN

Financial flexibility is the degree of a company's ability to mobilize financial resources in order to maximize the company's value, So the study came to identify the extent of interaction of the components of financial flexibility through the three components (liquidity, cash flows, and profitability) in both value and growth stocks.

For a sample of private commercial banks listed on the Iraq Stock Exchange for the period (2012-2016).

n order to achieve this goal, the researcher relied on a main hypothesis that there is no interactivity between the components of financial flexibility expressed in the three components, for both value and growth shares.

The study reached several conclusions, the most important of which are: rejecting the main hypothesis with its two sub-assumptions.

That is, there is an interaction between the components of financial flexibility and the impact power of these components, which are greater in banks with value shares according to the system of simultaneous equations.

As for the most important recommendations, it is necessary to take into consideration the financial flexibility and the level of interaction between its components to face the financial needs with all its uses, as well as when formulating strategies.