دراسة النمو المستدام للمؤسسات الجزائرية -دراسة حالة لعينة من المؤسسات للفترة 2010-2019

Abstract

This study aims to analyze the sustainable growth rate of a sample of Algerian enterprises during the period (2010-2019) and compare it with the actual growth rate and the market growth rate to assess the sustainability of growth in the studied enterprises. To achieve this objective, a descriptive approach was employed for the theoretical framework, while an analytical approach was used for the practical aspect, relying on a case study to diagnose and analyze sustainable growth, measured according to the Higgins model. Findings show that the growth of Algerian enterprises is neither sustainable nor reflective of their true growth potential, as discrepancies exist between their actual growth rates, sustainable growth rates, and sectoral growth rates. This gap can be attributed to several internal factors specific to the enterprises, stemming from their financial and investment strategies, as well as external factors imposed by the realities of the financial market, which compel enterprise management to rely on self-financing to meet the financial needs arising from growth.