أثر الأداء المالي على نمو الشركات الصناعية الخاصة الجزائرية : دراسة تطبيقية خلال الفترة (2009-2012)‎

Abstract EN

The aim of this study is to demonstrate the impact of financial performance on the growth of private industrial Algerian companies by identifying the extent of the impact of the independent variables (financial performance indicators) which are (profitability, liquidity, debt, activity ratios) on the dependent variable (growth of companies) which is expressed by the Return On Equity.

In order to achieve these objectives, a sample of (46) private industrial Algerian companies during the period (2009- 2012) was tested using (Ordinary Least Squares) .

After arranging the data in (Pooled Data Regression) form, the results showed the existence of a significant statistically effect at (a =0.05) of profitability ratios and activity ratios on the growth of private industrial Algerian companies.

However, the study didn’t prove the existence of a significant statistically effect at (a =0.05) of liquidity ratios or debt ratios on the growth of these companies.

The researchers find that private industrial Algerian companies should be benefited from external sources if possible to cover their needs to develop and grow.