An Investigation into the Impact of Profitability on Annual Growth Rate among the Listed Manufacturing Companies on the Iraqi Stock Exchange

Autor: Shakhawan Saeed Sangawi, hadi Muhammed Ahmed, Hezha Mohammed Noor Mohammed, Kaiwan Hasan Salih
Jazyk: Arabic<br />English
Rok vydání: 2023
Předmět:
Zdroj: Tikrit Journal of Administrative and Economic Sciences, Vol 19, Iss 64, 2 (2023)
Druh dokumentu: article
ISSN: 1813-1719
DOI: 10.25130/tjaes.19.64.2.38
Popis: The basic objective of this study is to evaluate the effects of Net Profit Ratio (NPM), Gross Profit Ratio (GPM), and return on Assets (ROA) on the compound annual growth rate (CAGR) Growth Rate of the Iraqi Industrial Sector for the companies listed on the stock exchange (ISX). Among the companies listed on the Iraqi stock market, only 10 in the industrial sector were accepted for their accurate annual reports. Application of sampling techniques for the period 2011-2020. The study used Sample panel data of regression data and quantitative descriptive methodology, using SPSS-26 to process the data. The results of the study have clarified that the growth rate of the compound annual growth rate (CAGR) is positively influenced by Net Profit Margin (NPM), but significantly. The growth rate of compound annual growth rate (CAGR) has no significant impact due to the Gross Profit Margin (GPM). The compound annual growth rate (CAGR) is significantly affected by the return on assets (ROA). In the industrial sector listed on the Iraqi Stock Exchange (ISX) for the period (2011 to 2020). 30.6% of the independent variables influence the Compound Annual Growth Rate (CAGR) growth rate of the dependent variable.
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