تأثير هيكل الملكية في كفاءة القرارات الاستثمارية وانعكاسه على قيمة الشركة

The impact of the ownership structure on the efficiency of investment decisions and its reflection on the value of the company

Abstract:
The research aims to study the impact and the theoretical and practical relationship between each of the ownership structure, the efficiency of investment decisions, and the value of the company, by applying it in (15) of the Iraqi private banks listed in the Iraq Stock Exchange for the period from 2010 to 2019 and by (148) views.
The research variables were quantitatively measured based on the published financial reports of the Iraqi private banks, as well as conducting the approved statistical tests such as the binary test, one-way anova, linear regression, correlation coefficient, T test and F test. ) In addition to path analysis by using the Statistical Package for Social Sciences (SPSS) and Eviews, as well as the AMOS statistical program.
Among the most important findings of the research is that the ownership structure is one of the important governance mechanisms and affects its quality and as a result in the decisions that are taken by the company. Iraqi banks, and based on what was reached in the above, the research recommends the supervisory authorities and the bodies responsible for the financial markets to strengthen governance mechanisms to prevent the control of any of the share-owning authorities and control their decisions, and as a result not to protect small shareholders, as well as study and analyze data for making investment decisions in a detailed manner and following Methods of evaluating investment projects to prevent making investment decisions that result in huge irreversible losses.