Impact of Working Capital and Liquidity on Accounting Profitability of Insurance Companies Listed on the Iraqi Stock Exchange (ISX) In 2018-2022
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| Format: | Recurso digital |
| Langue: | anglais |
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2024
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| _version_ | 1866902258439946240 |
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| author | Academic Journal of International University of Erbil Sangawi, Shakhawan Saeed |
| author_facet | Academic Journal of International University of Erbil Sangawi, Shakhawan Saeed |
| contents | <div> <div> <div> <div> <p>The objective of this study is to assess the impact of working capital and liquidity on the accounting profitability of insurance companies listed on the Iraqi Stock Exchange (ISX) for the years 2018-2022. This study uses the variables of working capital and liquidity ratio as the two independent variables. In contrast, accounting profitability is the dependent variable measured by return on asset ROA. The data are based on the financial statements of insurance companies after being audited and published on the Iraqi Stock Exchange for five years. Moreover, to analyze the research data, a quantitative approach of linear regression and research hypothesis testing is used to compare the findings using EViews software version 22. The research findings show that the liquidity ratio has a significant positive effect on accounting profitability measured by return on asset ROA. At the same time, working capital results have a relatively weak negative impact on accounting profitability measured by return on assets (ROA). These results add to our understanding of financial practices in developing countries and provide insightful information for strategic financial management in the insurance industry in Iraq. The study aims to add meaningful knowledge to strategic decision-making and further the discourse of financial management techniques in developing economies. It is recommended that insurance companies work on ensuring adequate liquidity ratios to restructure working capital. At the same time, maintain adequate cash flow. Regular forecasting, planning, robust cash flow management practices, and investing in state-of-the-art tools can improve financial decision-making. A culture of continuous improvement and frequent updates based on market conditions and past experiences can further enhance liquidity levels.</p> </div> </div> </div> </div> |
| format | Recurso digital |
| id | zenodo_https___doi_org_10_5281_zenodo_15257844 |
| institution | Zenodo |
| language | eng |
| publishDate | 2024 |
| publisher | Zenodo |
| record_format | zenodo |
| spellingShingle | Impact of Working Capital and Liquidity on Accounting Profitability of Insurance Companies Listed on the Iraqi Stock Exchange (ISX) In 2018-2022 Academic Journal of International University of Erbil Sangawi, Shakhawan Saeed Liquidity, Accounting Profitability, Working Capital, Insurance Sector, Return on Assets <div> <div> <div> <div> <p>The objective of this study is to assess the impact of working capital and liquidity on the accounting profitability of insurance companies listed on the Iraqi Stock Exchange (ISX) for the years 2018-2022. This study uses the variables of working capital and liquidity ratio as the two independent variables. In contrast, accounting profitability is the dependent variable measured by return on asset ROA. The data are based on the financial statements of insurance companies after being audited and published on the Iraqi Stock Exchange for five years. Moreover, to analyze the research data, a quantitative approach of linear regression and research hypothesis testing is used to compare the findings using EViews software version 22. The research findings show that the liquidity ratio has a significant positive effect on accounting profitability measured by return on asset ROA. At the same time, working capital results have a relatively weak negative impact on accounting profitability measured by return on assets (ROA). These results add to our understanding of financial practices in developing countries and provide insightful information for strategic financial management in the insurance industry in Iraq. The study aims to add meaningful knowledge to strategic decision-making and further the discourse of financial management techniques in developing economies. It is recommended that insurance companies work on ensuring adequate liquidity ratios to restructure working capital. At the same time, maintain adequate cash flow. Regular forecasting, planning, robust cash flow management practices, and investing in state-of-the-art tools can improve financial decision-making. A culture of continuous improvement and frequent updates based on market conditions and past experiences can further enhance liquidity levels.</p> </div> </div> </div> </div> |
| title | Impact of Working Capital and Liquidity on Accounting Profitability of Insurance Companies Listed on the Iraqi Stock Exchange (ISX) In 2018-2022 |
| topic | Liquidity, Accounting Profitability, Working Capital, Insurance Sector, Return on Assets |
| url | https://doi.org/10.5281/zenodo.15257844 |