Appraisal portfolio asset allocation performance evaluation of the social security corporation in Jordan

Other Title(s)

تقييم توزيع أصول المحفظة : تقييم الأداء لمحفظة مؤسسة الضمان الاجتماعي في الأردن

Dissertant

Qadan, Muhammad A. M.

Thesis advisor

al-Zubaydi, Hamzah Mahmud
al-Zubi, Khalid Abd al-Al

Comitee Members

al-Fayyumi, Nidal Ahmad
al-Duri, Muayyad
Irshid, Abd al-Muti

University

Arab Academy for Financial and Banking Sciences

Faculty

The Faculty of Banking and Financial Sciences

Department

Department of Financial Management

University Country

Jordan

Degree

Ph.D.

Degree Date

2006

English Abstract

This dissertation aims to examine the portfolio asset allocation strategy of the Social Security Corporation SSC in Jordan before and after establishing its investment unit, by using change in net asset value (NAV) of market value.

The data set includes monthly observations cover the time period from January, 2000 up to December, 2005.

We use ordinary least square (OLS) method to examine the relationship between dependent and independent variables (portfolio components).

Also we use dummy variable technique to handle the difference between the two sub-periods.

Based on the statistical analysis for our data, we conclude that the change in net asset value during the study period was positive.

On the other hand, we found that the asset allocation strategy adopted by SSC doesn't follow certain trend.

Finally, we conclude that the establishing of the investment unit didn't improve the performance of the SSC portfolio.

The main recommendation for this dissertation is that SSC should adopt clear and innovate asset allocation strategy as well as adopting new strategies in managing SSC portfolio and to develop long term goals for the portfolio.

Main Subjects

Financial and Accounting Sciences

Topics

• Management
• Social security
• Financing
• Finance
• Jordan

No. of Pages

99

Table of Contents

• APA
• MLA
• AMA

Language

English

Data Type

Arab Theses

Record ID

BIM-306801