Abstract
This research focuses on measuring the effect of some factors, which includes the macroeconomic factors of the interest rate, inflation rate, gross domestic product, exchange rate, and microeconomic factors specific to firms from working capital, the tangibility of assets, financing mix, short-term financing and long-term financing to total financing. Assets growth, combined. The data was collected from the audited financial reports of 25 listed industrial companies from 2004 to 2020. The longitudinal data technology and the flexibility that these data provide in economic research were used instead of traditional cross-section data or time-series data and giving researchers the freedom to explore variables and explanatory relations, and the study concluded that the variable of asset growth showed its effect with two different signs, where the first model showed the profit growth rate with a positive sign, and in the second model, the market value appeared with a negative sign, while the variable of financing combination of short-term and long-term financing showed its moral effect in the market value model Some proposals were formulated, perhaps the most important of which are: taking care of the investment structure, specifically fixed assets in terms of better use to achieve more profits, and that the latter is not achieved at the beginning. Industrial companies should also take care of the optimal financing decision-making process, allowing companies to meet their obligations A present and future final.
