The effect of ownership structure and firm specific factor son the financial leverage of nonfinancial firms listed at Amman Stock Exchange
Other Title(s)
تأثير هيكل الملكية و المؤشرات المالية على الرفع المالي للشركات غير المالية المدرجة في بورصة عمان
Dissertant
Thesis advisor
al-Hunayti, Hana Muhammad Hilal
Comitee Members
Shawawrih, Faysal
Gharayibah, Hisham
al-Samirrai, Qahtan
University
Amman Arab University
Faculty
College of Business
Department
Department of Finance
University Country
Jordan
Degree
Ph.D.
Degree Date
2013
English Abstract
This study is among the first to investigate the effect of ownership structure and firm financial leverage in an emerging market context.
This study uses a panel data for a sample of Jordanian firms that has not been used before in the Jordanian empirical studies.
It employs multiple regression analysis to examine the effect of ownership structure and firm specific factors on firm financial leverage for Jordanian companies.
The study has two findings, one regarding firm specific factors and other findings are related to ownership structure indicators.
First, the findings of firm specific factors show a positive effect of size and marketability on financial leverage, while the effect of profitability is negative.
However there is a mix result of the effect of both tangibility and business risk on financial leverage.
Second, the findings of ownership structure indicators come with a positive effect of government ownership on financial leverage, while the effect of funds ownership, NGOs and foreign ownership on financial leverage is negative.
Finally, the results of institutional ownership show a mix results
Main Subjects
Financial and Accounting Sciences
Topics
No. of Pages
166
Table of Contents
Table of contents.
Abstract.
Abstract in Arabic.
Chapter One : General framework.
Chapter Two : Theoretical background.
Chapter Three : Related studies.
Chapter Four : Methodology.
Chapter Five : Presentation of the results.
Chapter Six : Conclusions and recommendations.
References.
American Psychological Association (APA)
al-Suwas, Hamzah Fath Allah. (2013). The effect of ownership structure and firm specific factor son the financial leverage of nonfinancial firms listed at Amman Stock Exchange. (Doctoral dissertations Theses and Dissertations Master). Amman Arab University, Jordan
https://search.emarefa.net/detail/BIM-553899
Modern Language Association (MLA)
al-Suwas, Hamzah Fath Allah. The effect of ownership structure and firm specific factor son the financial leverage of nonfinancial firms listed at Amman Stock Exchange. (Doctoral dissertations Theses and Dissertations Master). Amman Arab University. (2013).
https://search.emarefa.net/detail/BIM-553899
American Medical Association (AMA)
al-Suwas, Hamzah Fath Allah. (2013). The effect of ownership structure and firm specific factor son the financial leverage of nonfinancial firms listed at Amman Stock Exchange. (Doctoral dissertations Theses and Dissertations Master). Amman Arab University, Jordan
https://search.emarefa.net/detail/BIM-553899
Language
English
Data Type
Arab Theses
Record ID
BIM-553899
