أثر الرفع المالي على قرارات الاستثمار في الشركات الصناعية المدرجة في بورصة عمان للفترة (2010-2016)‎

Abstract EN

This research aims to identify the basic concepts of financial leverage and its impact on investment decisions in order to identify contradictions in theories such as Fischer's theory of separation (1930), M&M theory (1958) and investment theory (1969), based on a sample of 65 industrial company listed in Amman Stock Exchange (ASE) for the period 2010-2016.

Multiple regression models were used to estimate the main variables, and to investigate the impact of both leverage, liquidity, cash flow, profitability, size, and growth on investment decision.

The results revealed that the financial leverage has had a negative impact on investment decisions.

It also shows that liquidity, profitability, cash flow and the size have a positive impact on the firm's investments.