The impact of the practical experience of executive managers and board members under the application of digital accounting on investment efficiency in companies listed on the Iraq Stock Exchange

Abstract

Investment efficiency is one of the most important factors affecting economic growth, profitability, and resource allocation in companies. When investments are managed efficiently, they achieve the highest possible return and contribute to enhancing the company's financial performance. This study aims to analyze the impact of the practical experience of executive managers and board members in the fields of accounting and finance, under the application of digital accounting systems, on investment efficiency in companies listed on the Iraq Stock Exchange. The study included a sample of 33 listed companies over a 7-year period, from 2018 to 2025                                                   

Methodologically, the study is applied and quantitative, relying on the collection of financial data published on the Iraq Stock Exchange website. It is based on a longitudinal study using a post-event approach. The study employed multivariate regression to analyze the impact of the practical experience of administrative leaders on investment efficiency, considering the role of digital accounting in enhancing the quality of financial data and the accuracy of investment decisions. The data was analyzed using EViews software.                                                                                                                       

The results of the study showed that the practical experience of executive managers and board members, when combined with the application of digital accounting systems, has a significant and positive impact on investment efficiency. With expertise in finance and accounting, managers can use digital data to make informed investment decisions, accurately assess investment opportunities, identify high-yield projects, ensure optimal capital allocation, minimize financial waste, and protect company assets using financial instruments such as hedging