Analysis for Elements of Financial Statements Contribution in Cash Wealth Maximization and Distribution Its and Its Reflection in Corporations Continuity and Its Sustainability
(Research practically in a Sample of the Iraqi Companies Listed in ISX)
Master Thesis Introduction to
College of Management and Economics Council / Kerbala University As Partial Fulfillment of Requirements for the Master Degree in Accounting Science
BY
Taha Saad Kamal Al – Baker
Supervised by
Prof Dr. Talal Mohammed Ali Aljajawy
Abstract
All corporations Seeking hard for their Going Concern (continuity) and Sustainability in society doesn’t in it achieved that only if corporations focus on the single goal is Cash Wealth Maximization (CWM) on which the basis corporations use cash to generate more cash , This is done by Elements of financial statements (all or most) contributing in maximizing this wealth , and the impact on all parties related to the company , as the continuity and sustainability of corporations affect the economy of the country and the wealth of the parties related.
The research objectives to identify the elements of the financial statements contribution in CWM and its distribution in the Iraqi Stock Exchange (ISX) corporations. And well reflection the impact of cash wealth maximization on the continuity and sustainability of the listed corporations. As well as to identify the views of a group of employees in listed corporations and also a group of investors in the ISX for the purpose of strengthening the research results . The research community consists of the Iraqi Corporations listed on ISX, The random stratified sample method was used to select Corporations of research sample based on Highest capital and Annual financial statements for the years 2015 to 2017. The most important conclusion is that CWM contributed to continuity and sustainability of corporations in the business environment, As that majority Corporations in research sample contrast in elements of their financial statements in the degree of their contribution to CWM. It further indicates that majority Corporations in the research sample do not take financial indicators into consideration , especially indicators related to corporations continuity, As indicates that the liquidity ratios of these corporations suffer from fluctuations and instability compared to corporations same for previous years or with the other corporations Working in the same sector.
Key words: Elements of Financial Statements , SWM , CWM , Cash Flow Cycle , Corporations Continuity and Corporations Sustainability.