Impact of stock ownership concentration on the price of stocks listed at Amman bourse (2003-2007)
مقدم أطروحة جامعية
al-Lahham, Muhammad Ismail Abd al-Rasul
مشرف أطروحة جامعية
أعضاء اللجنة
Abd Allah, Khalid Amin
al-Mumani, Ghazi Falah
Salamah, Rashid Muhammad
الجامعة
الأكاديمية العربية للعلوم المالية و المصرفية
الكلية
كلية العلوم المالية و المصرفية
القسم الأكاديمي
قسم المحاسبة
دولة الجامعة
الأردن
الدرجة العلمية
دكتوراه
تاريخ الدرجة العلمية
2010
الملخص الإنجليزي
The importance of accounting information in determining stock prices has attracted a large number of research papers.
In addition, the issue of corporate governance, and in particular the ownership structure of listed firms, has been attracting a growing number of research papers.
One of the issues which have been investigated is the impact of ownership structure on stock prices.
This dissertation extends the ownership structure literature to the Amman Securities Exchange.
Based on the time period 2003–2007, panel data analysis, and a large number of listed securities amounted (232) firms, the results indicate the absence of such a relationship.
In other words, the results indicate that the ownership structure of firms does not have a significant impact on stock prices.
This result is in contradiction with the international evidence.
Finally, based on the results of the dissertation, a number of recommendations are provided.
For example, it is useful to measure the Weighted Average Cost of Capital (WACC) for a sample of Jordanian firms and compare this cost with their respective return on assets.
In other words, following this measurement, the impact of the difference between the return on assets and the WACC on stock prices can be examined.
Indeed, this type of research would enable us to conclude whether or not investors in the ASE take into account the concept of economic profit before deciding in which stocks to invest.
التخصصات الرئيسية
الموضوعات
عدد الصفحات
59
قائمة المحتويات
Table of contents.
Abstract.
Chapter One : general introduction.
Chapter Two : the Jordanian capital market : some basic information.
Chapter Three : the data, methodology and empirical results.
Chapter Four : summary, conclusions and recommendations.
References.
نمط استشهاد جمعية علماء النفس الأمريكية (APA)
al-Lahham, Muhammad Ismail Abd al-Rasul. (2010). Impact of stock ownership concentration on the price of stocks listed at Amman bourse (2003-2007). (Doctoral dissertations Theses and Dissertations Master). Arab Academy for Financial and Banking Sciences, Jordan
https://search.emarefa.net/detail/BIM-307040
نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)
al-Lahham, Muhammad Ismail Abd al-Rasul. Impact of stock ownership concentration on the price of stocks listed at Amman bourse (2003-2007). (Doctoral dissertations Theses and Dissertations Master). Arab Academy for Financial and Banking Sciences. (2010).
https://search.emarefa.net/detail/BIM-307040
نمط استشهاد الجمعية الطبية الأمريكية (AMA)
al-Lahham, Muhammad Ismail Abd al-Rasul. (2010). Impact of stock ownership concentration on the price of stocks listed at Amman bourse (2003-2007). (Doctoral dissertations Theses and Dissertations Master). Arab Academy for Financial and Banking Sciences, Jordan
https://search.emarefa.net/detail/BIM-307040
لغة النص
الإنجليزية
نوع البيانات
رسائل جامعية
رقم السجل
BIM-307040
قاعدة معامل التأثير والاستشهادات المرجعية العربي "ارسيف Arcif"
أضخم قاعدة بيانات عربية للاستشهادات المرجعية للمجلات العلمية المحكمة الصادرة في العالم العربي
تقوم هذه الخدمة بالتحقق من التشابه أو الانتحال في الأبحاث والمقالات العلمية والأطروحات الجامعية والكتب والأبحاث باللغة العربية، وتحديد درجة التشابه أو أصالة الأعمال البحثية وحماية ملكيتها الفكرية. تعرف اكثر