Use of responsibility accounting in assessing the performance of companies (hotels and tourism sector) listed in the Iraqi Stock Exchange

Abstract

The purpose of the study is to determine the extent to which accountability is used in assessing the performance of companies, including the hotel and tourism sector. The study examined the performance evaluation criteria used in evaluating the performance of investment centers, and the results of the implementation of these standards, And economic value added) on the hotel and tourism sector listed in the Iraqi market for securities through the published financial statements for the year 2015. The most important results were:The study showed that the Baghdad Hotel achieved the highest rate of return on capital invested (35.7%), which is higher than the desired rate of return (12.5%). (16%). The Palestine Hotel came third with the rate of return on capital invested (14.6%). The results of the Baghdad, Mansour and Palestine hotels were good Because it is higher than the rate of return required, while the hotel Ishtar achieved (4.6%) ranked fourth and national of the The results showed that the Baghdad Hotel achieved the highest remaining income of (1,725,149,171) dinars, the number of which was The hotel of Palestine ranked second in terms of this criterion. The Palestine Hotel came second with 303,984,171 dinars. Al-Mansour Hotel came third with 153,836,845 dinars. Because it is positive, while the National Tourism Investment (712,067,306) - Palmer The results showed that the Baghdad Hotel achieved the highest economic value added (JD 1.207.602.546), thus the Baghdad Hotel In the first place according to this standard, and the results of the Baghdad Hotel is good because it is positive, while the rest of the results of all hotels were negative, came the National Tourism Investment ranked second (-315.978.812), while the Mansour Hotel came in third place (-1.750.192.018 ), While the Palestine Hotel (-5.103.780.125) ranked fourth, Hotel Ishtar achieved (-27.583.821.125) any fifth rank, these results are considered unsatisfactory because it is negative.