Using the (ARDL) model to measure the impact of banking safety indicators on the Iraq Stock Exchange index

Abstract

The aim of the research is to evaluate and know the values and degrees of financial safety indicators, and their impact on the general index of the Iraqi Stock Exchange. The sample included (15) Iraqi banks. Using the ARDL model, the highest percentage of impact on the changes that occur in the market index is the management component (M), followed by the effect of market sensitivity, while The other elements of financial safety were the negative impact, as the negative impact was, respectively, of the elements of financial safety (assets A, capital adequacy C, profits E, liquidity L), with its increase, the index points decrease. We recommend paying attention and reviewing the financial safety index as the efficiency of management because it is one of the important indicators on which the rest of the indicators are based.