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This study aims to examine  the impact of the financial performance of the business unit in the relationship between free cash  flow and capital structure, and the regression equation was relied upon for testing, analysis and measuring the impact through the statistical program  (SPSS), based on the annual financial reports data for a sample of industrial business units listed on the Iraq Stock Exchange, which numbered (8) business units over a period of (10) years from (2011-2020). ), the results show that although free cash flow does not directly  affect capital structure, financial performance  has been shown to  affect the relationship between free cash flow and capital structure.

Article Details

Financial Law
Author Biography



1Master's student, College of Administration and Economics, Department of Accounting / University of Kufa.

2College of Administration and Economics, Department of Accounting / University of Kufa.


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