Abstract
This research addresses the financial failures occurring in the Iraqi financial market. An in-depth analysis is conducted on the practices that contribute to financial failure in Iraq. The research objectives and questions focus on the issue of financial failure within the economic context of Iraq. Additionally, an analysis is performed on the key financial factors exacerbating the situation. A literature review highlights secondary data sources that reflect the key financial indicators contributing to failure risks for banks in Iraq. Low contributions to GDP, high cash dependency, and elevated debt levels were identified as prominent key performance indicators (KPIs) in the research, based on both secondary and primary data sources. The research method employs a mixed-method approach, utilizing questionnaires and five interviews to analyze the impact of poor financial performance on the financial failure of banks in Iraq. Data collection is conducted through both primary and secondary sources, increasing the validity and reliability of the conclusions drawn. The data is analyzed using SPSS, with methods including descriptive statistics, regression, and correlations. The significance level is noted to be greater than 0.05, indicating a clear link between poor financial performance and financial failure. In conclusion, the research emphasizes the necessity for both private and government-owned banks to understand the key factors responsible for their success and failure.
Published Version
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