THE EFFECT OF RELATIONAL CAPITAL EFFICIENCY ON THE RECEIVABLE TURNOVER RATIO IN IRAQI INDUSTRIAL COMPANIES: AN EMPIRICAL STUDY

Abstract

The current study aims to define the concept of relational capital and to determine the impact of relational capital efficiency in achieving the turnover rates of accounts receivable in Iraqi joint-stock companies. The analytical and statistical approach was relied on in analyzing the companies ’data, the study sample using the Eviews-9 program. In order to answer the questions of the current study and achieve its objectives, a sample of industrial companies participating in the study was tested, depending on the data available in the Iraq Stock Exchange for the period extending from (2011-2019), as the sample included (8) listed industrial companies. As the current research found a positive impact relationship for the efficiency of relational capital (RCE) on the turnover of accounts receivable in the industrial companies sample of the study, as the efficiency of the relationships of companies with customers and suppliers affects the turnover rates of accounts receivable, as the turnover rates of accounts receivable depend on the strength of the relationship Between the company and the customer and the extent of their bargaining power.