The impact of ownership structure on the continuity of economic units: An Empirical study

الملخص

The paper aims to shed light on the intellectual framework of ownership structures, examine the patterns of ownership structures and methods for measuring them, and demonstrate their impact on the continuity of economic units by applying to a sample of economic units listed on the Iraq Stock Exchange, which comprised fourteen (14) banks during the years (2012-2021), i.e. the number of views reached one hundred and forty (140). Using the equation (ownership structure = number of shares owned by the economic unit number of outstanding shares), the quantitative research variables for the categories of ownership structures were calculated. In addition to quantifying the continuity of the research sample's economic units using the Kida (1981) model. To verify hypotheses, the researchers utilized the SPSS statistical program. In addition to descriptive statistics, correlation matrix and linear interference testing are utilized to determine results and draw conclusions. The theoretical study found that the ownership structure is one of the most crucial elements of corporate governance, primarily due to two factors: ownership concentration and investor type. The practical side concluded that the ownership structure has a significant impact on the continuity of the research sample's economic units. The results also demonstrated that the (kida) model is capable of predicting the annual future of institutions and aids management in assessing the continuity of economic units, indicating that it can be applied in a local setting. The most important recommendation made by the researchers is to increase interest in the preparation of financial statements based on the analysis of the financial ratios of these statements and the need to disclose information and indicators that would improve the ability of those interested to predict with greater precision whether economic units will continue or not.