The impact of financial performance evaluation using ratios on decision making"field study on Syrian industrial companies"

Abstract

This study aimed to show the impact of financial performance evaluation using ratios on decision making, To achieve the study's objectives, a descriptive approach was used. Through the field study, the researcher designed a questionnaire and distributed it to a sample of finance department employees of the Syrian industrial companies. The sample included accountants, chief accountants, account managers and financial managers of these companies which number 41 Syrian industrial companies divided into five sectors: The food industry sector, the garment industry sector, the printing and packaging sector, the plastics and building materials industry sector, the chemical industry and detergent industry sector. The number of questionnaires distributed was 77 and 70 were retrived. To analyze the retrieved questionnaires, the SPSS statistical programme was used. A statistical descriptive study of demographic variables, study areas and hypothesis testing was conducted. The study found several findings: Syrian industrial companies make their decisions based on the results of the financial performance evaluation process using ratios, and the results also showed that the financial performance evaluation process leads to making decision that improve the financial performance of the company.