أثر مستوى الإفصاح الاختياري على القيمة السوقية في البنوك التجارية الأردنية

Abstract EN

This study aimed to examine the impact of the voluntary disclosure level in market value at Jordanian commercial banks, in order to achieve the goal of the study, the analytical descriptive approach was followed, where the voluntary disclosure was measured using the disclosure of financial information, non-financial information and strategic information, while the market value was measured at market prices.

Of stocks, and bank size using the natural logarithm of assets, the necessary data was collected using a list of voluntary disclosure indicators and financial reports of the (13) Jordanian commercial banks, the study included period (2011-2019).

The results of the study showed that there is no statistically significant impact of the voluntary disclosure with its dimensions (financial information, non-financial information, and strategic information) in market value of Jordanian commercial banks, as well as no a statistically significant impact of both financial information, non-financial information and strategic information in market value of banks.

It was also found that there was no statistically significant impact of financial information, non-financial information and strategic information in the market value due to bank size.

Based on results of the study, several recommendations were made, including: the need for commercial banks to expand the voluntary accounting disclosure process, especially non-financial and strategic information, and to rely on narrative style and use easy language in presenting strategic and non-financial information to be absorbed by the largest possible number of interested people.

And necessity of working to increase the confidence of the financial community in the information published by the banks to enhancing their credibility.