This study aims to present a true image of social responsibility accounting (SRA) in Jordanian companies listed on the Amman Stock Exchange (ASE). A survey questionnaire was employed to check the level of SRA practice, and a checklist was used to discover the level of SRA disclosure which was collected from the annual reports of the firms listed on the ASE. The questionnaires and annual reports were employed to collect information from 104 companies in the financial, services, and industrial sectors for this study. SPSS was used to for data analysis and the results showed that the level of SRA practice in listed companies on the ASE is good, while the level of SRA disclosure is very low. The latter could be related to many reasons, including lack of awareness of Jordanians companies' managers in the culture of SRA and related issues due to the novelty of SRA disclosure in Jordan and developing countries. In addition, companies mostly focus on product quality when they practice SRA.
Dividend pay-out is a concern for both managers and shareholders. The managers may use dividend policy to signal their performance. Thus, this study examines the effect of free cash flow, liquidity, bank size, leverage, profitability and bank age on the dividend pay-out ratio. The multiple regression analysis (panel data) was used to examine the hypothesis. The study found that free cash flow, liquidity, leverage and profitability were influential factors affecting the dividend pay-out ratio in Jordanian banks from 2004 to 2015. However, the bank size and bank age were found to be insignificantly related to the dividend pay-out in Jordanian banks. Similar to previous studies, this study suffered from different limitations. The main limitation was the data collection. The data was collected from Data Stream. However, only ten banks were found in the Data Stream reducing the sample to 120 observations/years. This study suggests that future studies to take into consideration the effect of the ownership structure on the dividend pay-out policy.Contribution/ Originality: This study contributes to the existing literature in different ways. Firstly, it is one of the few studies to consider the dividend pay-out in the Arabic region. Also, few studies have considered the impact of liquidity on the dividend pay-out in the banking sector.
This study aimed to identifying the impact of accounting conservatism on financial performance in services companies listed on Amman Stock Exchange, where the accounting conservatism was measured through the model of (Gvoly & Hyans, 2000), an approach that based on accruals, while the financial performance was measured through the return on equity (ROE), and earnings per share (EPS). And in order to achieve the objectives of the study, the descriptive and analytical approach was adopted, where the study was conducted on a sample of (23) service companies listed on Amman Stock Exchange during the period from 2015 to 2019. Also, in respect of analyzing the study data and test its hypotheses, the statistical analysis program (SPSS) was utilized, and simple regression equation was relied on in testing the hypotheses. Whereas, the major findings of the study are as follows: There is no statistically significant impact of the accounting conservatism on the financial performance with its indicators (rate of return on equity, and profit per share) in the services companies listed on Amman Stock Exchange. Meanwhile, the study recommended the necessity of urging the researched and listed services companies’ management on Amman Stock Exchange (especially those characterized by low accounting conservatism) to apply the principles and standards of accounting conservatism, due to the importance of these procedures on the quality of the financial reports and consequently the profits therein. Received: 23 March 2022 / Accepted: 30 June 2022 / Published: 5 July 2022
This study investigates the reasons of the difference of murabaha accounting data in the Islamic banks. It depends on the analysis of the murabaha’s contract and compares between resources that affect accounting data. Investigation includes different resources of applying different accounting data of traditional account standards and fiqh pricing rules, it also investigates the difference of murabaha and the developed accounting depends on murabaha’s flexible accounting data. Researchers found that there are many resources that affect murabaha accounting data which give the director of Islamic bank choices. Fiqh pricing rule is voluntary factor for director which limits accounting data. Fiqh rule will rule murabaha of developing acceptance and flexible murabaha managing gives fair to accounting data and evaluation. There is need to limit ignorance of following fiqh. Fiqh pricing is the way to promote murabaha in Islamic bank and fixe accounting data policies to avoid accounting errors; also it limits evaluation to get fair of financing performance result’, Researchers ask to fix accounting data by suggesting model to unified Islamic accounting data and to explain the reason of the change account data of fiqh.
This paper aims to explore the impact of liquidity increases by local and international roles on shareholders’ returns in the Jordan Islamic Bank as case study. The study methodology based on financial tables annual reports of the bank from (2009-2016) in order to analysis asset liquidity risk standard and its affection on managing balance sheet, and analysis returns for common shareholders in the Bank also discuss the result of shares return reducing. The real impact is deferent because the market price of the Jordan Islamic Bank shares is not affected negatively by the rule. Its price in the market is more than the share value by the ratio (all equities/ all shares). The percentage between the market price and ratio was equal to 202% in 2014 and reduced to 155% in 2016. By discussion, the ratio there is a gap of equities impact as a result of applying depreciation on fixed assets yearly, regardless of its growth by market price. Fair result is to increase equities based on fixed assets market price increasing. This paper contributed to the knowledge by different ways, it helps leaders and managers to find the real impact of managing liquidity risk in the Islamic Bank by the Central Bank and Basel Committee.
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