Abstract     

     This study aims to highlights the impact of Agency cost on Added Economic value ,EVA ,to the Company, This has been done by using 6 of agency cost measures ,As a proxy for the cost of the Agency in one hand ,and the difference between net operation profit after tax and total capital employed multiplied  by the weighted cost of capital as a proxy of the EVA in other hand .We using a sample of ( 25 ) company listed in Iraqi stock Exchange ,ISEs ,The finding of this study reveal that the Agency cost constitute important impact on the EVA. This new important evidence may incentive the managers to Reduce the Agency cost to maximize the EVA Utilization.       

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