The impact of foreign ownership in Jordanian companies on performance : an empirical study, years 2011-2014

Abstract EN

Foreign investment is very important for all nations, an urgent requirement for the rich and poor countries, but that the need for this funding in poor countries more urgent because it has a big gap in the financing requirements of the development processes, and that the severe shortage of domestic savings and its inability to meet the requirements of development, because most studies have focused on the study of the impact of foreign investment on the overall local economy (macroeconomic level), due to the lack of studies that focused on the microeconomic level this study focused on the effect of micro-level study the impact of foreign ownership on the performance of local companies, which has a dispute between researchers, between the positive impact of some of the studies and the negative impact of some of the other.

this study examined the impact of foreign ownership on the performance of industrial companies listed on the Amman stock exchange listed companies 62 companies, was adopted two measures to measure the performance of this effect (a measure of return on assets, and the measure of Tobin's q-for performance) and found that there is a negative impact of foreign investment on the performance, but the main reason is due to economic and political conditions that have affected the region in the study period, and though the performance of these companies remained well and achieved earnings in spite of all the surrounding circumstances, and that the main attractions for foreign investment were factors relating to size and profits.