تأثير الاستثمار الأجنبي المباشر في القيمة السوقية للشركة : دراسة تطبيقية في شركة بترو جانيا الصينية في عقود التراخيص النفطية للجولة الأولى و الثانية في الحقول النفطية في العراق للمدة من 2017-2010

Abstract EN

This study dealt with the effect of foreign direct investment on the market value of the company during the period of time (2010-2017).

This issue was studied through a sample of oil fields in southern Iraq in which the company operates within the first and second licensing contracts rounds and according to the circumstances and variables of the investment environment as it is.

Although this investment often achieves high returns, it is also characterized by a high degree of risk and for the purpose of evaluating the impact of foreign direct investment on the market value of the company's stock prices for the period (2010-2017).

The statistical scale (T-TEST) was used to indicate the significance of the correlation hypotheses.

Between the return on investment as the independent variable and the market value as the dependent variable, and the use of the coefficient of determination (R2) that measures the effect of the independent variable (foreign direct investment) on the dependent variable (market value) and the F-Test to demonstrate acceptance or rejection of the hypothesis of the return on investing in the market value of the oil company, and if the company achieves a high return in foreign direct investment, the market value of it will be affected positively.

The study was based on a set of goals, including determining the attractiveness of Iraq to foreign investments, especially the oil sector, and the study reached a number of conclusions, the most prominent of which is the existence of a strong inverse correlation between the return on investment and the market value of the company.

And the existence of a slight impact of the return on investment on the market value of the company, and the study reached a number of recommendations, the most important of which is activating the investment climate through political stability and the clarity and stability of laws and legislation regulating investment, which is one of the most important factors affecting the investment decision.