The Impact of the Financial Market Turnover Rate on the Market Value: An Experimental Study on a Sample of Banks Listed in the Iraq Stock Exchange

Haider N Dawood; Walaa I   Abdulateef

doi:10.47616/jamrsss.v6i3.622

Authors

Haider N Dawood College of administration & economics, University of Baghdad, Baghdad, Iraq
Walaa I Abdulateef College of administration & economics, University of Baghdad, Baghdad, Iraq

DOI:

https://doi.org/10.47616/jamrsss.v6i3.622

Keywords:

Financial Market Turnover, Market Value, Rate

Abstract

This research aims to try to determine and analyze the form of the expected relationship between the financial market turnover as an independent variable and the variance of the company's value expressed by the market value scale for a number of iraqi banks listed in the iraq stock exchange. In order to conduct an analysis of the relationship, the data published on the official website of the central bank of iraq was relied upon, in addition to the data published in the iraq stock exchange for a sample of Tortella (2013) iraqi private banks that were adopted using the intentional or deliberate sampling method for the period from january 2015 to july 2024. Financial market turnover and market value of banks, the research sample. Afterwards, the relationship of influence among the variables was tested according to the relationship stipulated in the research hypotheses and analyzed statistically, which indicated the existence of a direct effect of financial market turnover on the market value of banks. These results confirm that the market value of banks varies to the extent of explaining the variance of financial market turnover.

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