أثر الإستدامة على النمو الداخلي للمؤسسة الإقتصادية

Abstract EN

Practically, we are trying to determine the study variables that explain the impact of loans on the internal growth of the institution, by tracking the financial performance of the economic institution through the financial performance ratios (return on assets) and adopting them as dependent variables, and we took the leverage ratios (total debt to total assets , Long-term debt to total assets, total debt to total private funds and Independent variables, where the study was applied to a sample consisting of 49 observations of 7 institutions in the Algerian economy, public and private sectors , and financial data for the sample were obtained from the financial statements between 2011 and 2017.And by using Excel, and the statistical program SPSS and EVIEWS in order to test the extent of the influence of the independent variables ( leverage ratios) on the dependent variables ( financial performance ratio) to explain the impact of leverage on internal growth.

When using standard tools in estimating the ideal fixed model for both the rate of return on assets and the rate of yields on private funds, the study concluded that there is a negative impact relationship and statistical significance between the debt ratio (total debt to total assets and the rate of return on assets