مؤشرات الربحية وتأثيرها في الأسعار السوقية للأسهم - دراسة تحليلية لعينة من الشركات المدرجة في سوق العراق للأوراق المالية

Abstract

The purpose this study is to measure and analyze the relationship and the effect between profitability indicators and the company's stock prices that listed in Iraq stock exchange , the profitability indicators that the research based on represented in return on Assets (ROA) and Return on Equity (ROE) and Earning per share(EPS) and price-Earnings Ratio(P/E) .

  To achieve study goals we , have chosen number  of companies in Banks and industrial sectors at five company in each sector by using purposive sampling method , the study covered the period between 2009-2014 ,and we analyzing the variables by using Financial and statistical tools to test study hypothesis and variance between companies, the samples were analyzed by using multiple linear regression technique and levee test and Durbin Watson value , the result and conclusion that the ROE , EPS,P/E has positive and significant effects on stock prices of companies , while (ROA) have no significant effects towards stock prices- and we recommended to focus on the profitability indicators from the investor when we making the investment decisions.