العلاقة بين الملكية الإدارية و نسبة المديونية في ضوء الخصائص المالية للشركة : دراسة حالة الأردن

Abstract EN

The study aims to examine the relationship between administrative ownership and debt ratio with a view to determining whether administrative ownership has a signifcant effect on determining the structure of capital or not.

This is carried out in light of a number of fnancial characteristics of the company as variables controlling managers’ behavior towards the ratio of indebtedness.

The study was conducted on a sample of 87 companies registered on the Amman Stock Exchange during the period 2010-2014.

The results of the hypothesis test supported the hoofmark of the dependence on debt when the ratio of administrative ownership is low and supported the effect of protection when the proportion of administrative ownership is high.

Thus, the results of the study support the intellectual attitudes of previous studies on the inverse relation between the concentration of administrative ownership and the debt ratio