(The impact of the implications of political risk on the rate of return on equity for some real estate companies listed in the Iraqi and Saudi stock markets)

The research was conducted to give an idea of the mechanism of transmission of the effect between political risk variables and the performance of the real estate sector، by presenting the most prominent real estate concepts and detailing the types of real estate، as well as building a quantitative standard model to test the impact of political risk implications (voting and accountability (AV)، political stability (PV)، government effectiveness (GE)، Regulatory Quality (RQ)، Rules of Law (RL)، Control of Corruption (CC)) on the performance index of real estate sector companies (return on equity (ROE)) for real estate sector companies registered in the Iraqi and Saudi financial markets، for the purpose of answering the question (Can the implications of political risks influence the performance indicators of the real estate sector?)، which represents the problem on which the study was based، for the time period 2011-2020. The study relied on the Pooled Mean Group method (PMG)، which is part of the environment of the autoregressive model for distributed time lags for Panel ARDL Model data in building the model and estimating the results، with the tests this method contains، and the quarterly data were approved for all variables of the study. The study reached several conclusions، perhaps the most prominent of which is that the impact of political risks was positive with the rate of return on equity in Iraq and this is because of the relationship between return and profit.