ISSN: 2225-8329
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This study aims to identify the effect of research and development (R&D) and advertising expenses on the growth and value of petrochemical companies listed in Iraq Stock Exchange. The data are collected from the financial reports of the three Iraqi petrochemical companies. The researcher adopts descriptive and analytical approaches because they were relevant to the nature of the study. Arithmetical means, standard deviations, unit root test and multiple linear regression analysis are used. The study sample consists of two petrochemical companies. The results show that there is a statistically significant effect of research and development expenses on the value of petrochemical companies listed in Iraq Stock Exchange at the significance level (? ? 0.05). The study recommends that the focus should be on R&D and advertising in order to increase the value of companies, which increases the perceived quality ratio of the products provided by advertising.
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In-Text Citation: (Bader & Kathem, 2023)
To Cite this Article: Bader, A., & Kathem, A. (2023). The Impact of Research & Development, Advertising Expenses on the Growth and Value of the Petrochemical Companies in Iraq. International Journal of Academic Research in Accounting Finance and Management Sciences, 13(2), 1214–1236.
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