Publication Details
Abstract
The researcher seeks through this study to measure the impact of asset diversification as an independent variable on financial liquidity as a dependent variable and determine the relationship between them by adopting international accounting standards, as this adoption depends on several important factors. It also causes many positive and negative effects. To achieve the objectives of the study and answer its questions, a sample of commercial banks was tested, including (4) commercial banks listed on the Iraq Stock Exchange for the period (2012-2021), using data from the financial reports published on the website of the Iraq Stock Exchange and the Securities Commission. Computer programs (Excel, EViews) were used to process the data and extract the financial and statistical results. The study concluded that there is a significant positive relationship between asset diversification and financial safety, and it also recommended that commercial banks diversify their assets by expanding investment activities, which contributes to enhancing their banking liquidity.