Capital structure and its impact on added market value within the framework of (pie) theory

Authors

  • Noor Ali Hussein College of Administration and Economics - University of Kerbala
  • Abdl Hussein Jassim Al-Asadi College of Administration and Economics - University of Kerbala

Keywords:

Capital structure in the framework of the theory (pie) - market value added

Abstract

The current study aims to test the capital structure within the framework of PIE theory, with its dimensions (retained earnings ratio, debt ratio, tangible assets, liquidity, company age, company size) and its impact on the added market value. This is based on the data and financial statements published in the Iraq Stock Exchange for Iraqi industrial companies, which number (21) companies, representing the total of the study population, and (10) companies were selected from them on the basis of the availability of the required data during the study period from (2010-2021) and these companies The selected sample represented the study. The problem of the study was represented by the intellectual debate about the optimal method for formulating the capital structure and the most successful method in making comparisons between internal and external financing for Iraqi industrial companies and determining the sources of financing that are appropriate to the Iraqi financial.

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Published

2024-09-15

How to Cite

نور علي حسين, & عبد الحسين جاسم الاسدي. (2024). Capital structure and its impact on added market value within the framework of (pie) theory. Iraqi Journal for Administrative Sciences, 20(81), 69–91. Retrieved from https://mail.journals.uokerbala.edu.iq:8443/index.php/ijas/article/view/2328