The impact of operating cash flows on the value of banks registered on the Iraq Stock Exchange (2019-2023)

The aim of this research is to find the influence of operating cash flows on the value of banks recorded on the Iraqi Stock Exchange for the period 2019–2023. The researchers relied on data from the financial reports of the sample banks, extracted from their official websites. The research sample consists of ten private Iraqi banks, including the National Bank of Iraq, the Commercial Bank of Iraq, Erbil Investment Bank, Economic Investment Bank, Regional Commercial Bank, International Development Bank, Gulf Commercial Bank, Middle East Bank of Iraq, Mansour Bank, and Bank of Baghdad. The independent variables included operating cash flows such as (operating cash flow to net operating income ratio, operating cash flow to assets ratio, operating cash flow to equity ratio, operating cash flow to liabilities ratio, operating cash flow to borrowed funds ratio), and the dependent variable (bank's value), which was calculated using Tobin's Q model. The statistical program (SPSS V. 26) was used to obtain the results and comment on them. The research found a significant statistical correlation between operating cash flow and bank value in the research sample. Among the most vital recommendations is that managers, investors, and relevant parties pay attention to the information in the statement of cash flows, which is used to report cash flows from operating activities and other sources.