دراسة قياسية للسلوك التمويلي الاستداني للمؤسسة

Abstract EN

In this paper, we conducted a standard study to the institutional financing behavior of a sample of 170 large Algerian industrial establishments from different businesses in order to determine essential factors affecting the financing of these institutions.

For this purpose, our work was based on the theoretical foundations of the financing structures using the multiple regression model as well as the data collected from the Algerian National Bureau of Statistics.

The study concluded that each of these variables, i.e., size of the institution, economic cost, growth opportunities, guarantees, asset structure plays a crucial role in explaining the funding policy of the Algerian institution.

Besides, the results show that the modern financial theory of finance (the theory of balance financing (arbitration) and the theory of finance pyramid) explains, to a great extent, the Algerian financial behavior of economic institutions.