Impact of indirect foreign investment on the market value and the real value of shares: An analytical study in the Iraqi Stock Exchange
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Abstract
The research aims to study the level of influence of the ratio of trading and foreign ownership on the real market value of the shares of the researched companies. The study population was represented by the Iraq Stock Exchange, and the study sample, which was chosen in an intentional and conditional manner, included (13) companies listed in the Iraq Stock Exchange. (2014-2020). The researcher also adopted financial methods and statistical methods. The financial methods represented trading volumes, ownership, market value of the share, earnings per share, the required rate of return and the real value of the share, while the statistical methods represented the arithmetic mean, standard deviation, coefficient of variation, and percentage change, as well as methods of inferential statistics represented by linear regression. (SPSS V.26, Excel 2010) to test research hypotheses. The researcher reached several results, most notably the presence of a significant effect of foreign trading on the market value of company shares, and the absence of a significant effect of trading and foreign ownership on the real value of the shares of the research sample companies.
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