THE IMPACT OF ACCOUNTING INCOME AND ECONOMIC VALUE ADDED ON THE FINANCIAL SUSTAINABILITY AN EMPIRICAL STUDY
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Date
2025-02-26
Authors
Maram Moeen Mashaqi
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Publisher
جامعة النجاح الوطنية
Abstract
This study analyses the impact of accounting income and economic value added on the financial sustainability of industrial firms (non-financial) listed on the stock exchanges of Palestine, Amman, Saudi Arabia, Muscat, Kuwait, Qatar, Bahrain and Dubai. This study aimed to analyze the impact of both accounting income and economic value added on the financial sustainability. The qauantitive approach was used. The study covered five years from 2019-2023. Secondary data were collected from the annual reports of industrial firms listed on PEX, ASE, QSE, KSE, MSE, SSE, BHB, and DFM. The data were then analyzed using STATA version 17. Tables and graphs were used to interpret the results of the analysis. The results showed that Accounting income and EVA on leverage ratio at PEX are only statistically significant with control variables. At QSE, the impact of accounting income and EVA on asset utilization is not statistically significant before and after control variables. The study recommended that industrial firms in ASE must focus on strategies that improve asset utilization and equity returns, and industrial firms in KSE should focus on improving cost efficiency and cutting unnecessary expenses.