(The interactive effect of operational efficiency on the relationship between asset diversification and market value)

Abstract

The research seeks to present, study and explain the impact, correlation and interactive effect of operational efficiency in the relationship between asset diversification and market value for a sample of Iraqi companies through analyzing the financial indicators used to measure operational efficiency and the asset diversification index as well as measuring market value according to a time series of data extending from 2004. Until 2022, the research used a set of financial methods (indicators measuring operational efficiency, diversification, and market value), as well as analyzing the impact and correlation relationships of the study variables and testing hypotheses, using a set of statistical methods such as (Simple regression analysis) and the statistical program (SPSS), )ProcessV3.5byAndrewFHayes( The research led to a set of results, the most important of which is that there is no interactive effect of operational efficiency on the diversification of assets and the market value of the companies in the research sample. The research concluded with a number of recommendations, the most prominent of which was the need to pay more attention to operational efficiency by the private Iraqi companies in the study sample in a way that enables them to achieve the desired goals.