Investment vessels and their impact on the performance efficiency of companies An econometric study on the National Investment Company of Libya

Abstract

The study aims to assess the performance efficiency of investment companies by evaluating the overall performance of the National Investment Company, by testing and analyzing the impact of asset returns on the company’s overall performance. The study relied on the (ARDL), (ECM) and (VAR) methodology to estimate the relationship in the long and short run for the period 1986-2015. The results of the study revealed the existence of a long-term equilibrium relationship of the rate of return on assets (ROA) function, and the uncertainty of its existence or not with the rate of return on equity (ROE) function. It also showed a positive relationship between the rate of return on equity (ROE) and the variable ratio of deductions on assets (X1), and there was no relationship with the rest of the variables of the study functions.