Financing Small and Medium-Sized Enterprises and the Role of Private Banks: an Exploratory Study in Dhi-Qar Province

Purpose: The research aims to shed light on the financing of Small and Medium-Sized Enterprises (SMEs) in Dhi-Qar province and the role of private banks in that.   Theoretical framework: The theoretical framework of study focuses on the defining of (SMEs), the method of financing the (SMEs) which included the operating loans and investment loans, the obstacles to financing, and the factors of success and failure in SMEs also included in theoretical framework.   Design/methodology/approach: The study tool for the practical side was a questionnaire, and the study relied on the descriptive analytical approach, where the questionnaire was distributed (335) questionnaire on the owners of (SMEs) represented (Chamber of Commerce, The Business Federation, and the Chamber of Industry) and the number of questionnaires valid for analysis was (300) and the statistical program was used (SPSS.v.23), Research, Practical & Social implications:   Findings: The study reached the most important conclusions, including the inability of owners of (SMEs) to provide the required guarantees from private banks, and the weak ability to Submit the required financial statements for which the loan is granted, and the amount of loans granted by the banks is not compatible with the capital and operational needs of the owners of (SMEs).   Originality/value: Highlight in the necessity of finding a mechanism to financially support (SMEs) and urge banks and financial institutions to encourage them to support these enterprises

The Impact of IFRS 9 Compliance on Financial Statement Outputs: An Exploratory Study of a Sample of Commercial Banks

The current research aims to adopt Financial Reporting Standards No. (9) using one of the alternatives to accounting measurement (fair value/amortized cost). This approach transforms financial statements into a crucial tool for management to assess financial performance. This application is expected to alter the actual reality of the economic unit, influencing the value of the stock and impacting competitive value in the future. Several statistical tools and equations related to fair value/amortized cost, as outlined in International Accounting Standard 9, were employed. The research yielded several conclusions, with the most significant being that the implementation of the fair value accounting model by the International Financial Reporting Standard (IFRS9) can lead to results that truly reflect the financial performance and position of the research sample, instilling confidence in the financial statement outputs. After identifying the key conclusions, the research provides various recommendations. Foremost among them is the encouragement for banks to adhere to international financial reporting standards, particularly the International Financial Reporting Standard (IFRS9). This recommendation stems from the evident importance of presenting financial statements in a manner that accurately mirrors their actual reality

Corporate Governance Strategy and its Role in Improving the Sustainable Financial Performance of Iraqi Banks

This study aims to demonstrate the role of corporate governance strategy and its effectiveness in improving sustainable financial performance in Iraqi banks. Traditional indicators are ineffective as they rely solely on the financial perspective. These indicators fail to consider current and future values and aspects such as quality, innovation, development, and sustainability, which directly impact customer satisfaction within the economic unit's environment. Furthermore, the absence of a sustainable strategic dimension and the lack of knowledge regarding achieving objectives pose challenges. The study sample consists of the four most active commercial national banks listed on the Iraq Stock Exchange. A total of 80 questionnaires were utilized, based on the absolute balances and income statements spanning from 2018 to 2021. Various statistical methods, including the use of the SPSS program, were employed to analyze the data and examine the relationship and impact between the research variables. The research yielded several conclusions, with the most significant being a positive and strong correlation between corporate governance and its principles, as evidenced by the results of the statistical analysis. Additionally, there was a correlation between sustainable financial performance and its indicators within the sample banks studied