Determinants of segmental disclosures: evidence from the emerging capital market of Jordan

Mardini, Ghassan H.; Tahat, Yasean; Power, David

doi:10.1504/ijmfa.2013.058549

Cited by 16 publications

(22 citation statements)

References 49 publications

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“…In the same way, Oyerinde (2009) investigated whether there is a correlation between accounting disclosures and share prices for top 30 companies in the Nigerian Stock Market (NSM) over the years 2001 to 2004, the results showed a strong relationship between financial ratios namely; EPS, ROE, earning yield (EY) and market price per share (MPS). The same conclusion was found by Safajou et al (2005), Arunkumar and Radharamanan (2013), Burhan and Aladwan (2015), and Mardini et al (2013) where they revealed that earnings disclosures are relevant and highly correlated with stock market values.…”

Section: Related Literature and Development Of Hypothesissupporting

confidence: 81%

The association between accounting disclosures and stock market price: an empirical study on Jordanian commercial banks

Aladwan

Shatnawi

2019

IJMFA

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The main aim of the study is to provide empirical evidence about the association between accounting disclosures and market value of stock price. The study uses a sample of the accounting disclosures for a number of commercial banks listed in Amman Stock Exchange (ASE). These disclosures include; the market value of stock price (MVP) that represents the dependent variable, whereas other disclosures, return on assets (ROA), debt ratio (DR), dividends yield (DY), price earnings ratio (PER), trading volume (TV), and change in customers deposits (CD) represent the independent variables. The study's methodology follows a quantitative approach using multiple regression method. The data were collected from the annual reports of the selected banks from 2012 to 2015. The results show that ROE, PER, and CD are positively correlated to market value of stock price, while the other variables; DR, DY and TV were found negatively correlated to market value of stock price. However, these findings generally indicate that accounting disclosures have a significant impact and associated with market value of stock price for Jordanian financial sector particularly the commercial banks.

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Section: Related Literature and Development Of Hypothesissupporting

confidence: 81%

The association between accounting disclosures and stock market price: an empirical study on Jordanian commercial banks

Aladwan

Shatnawi

2019

IJMFA

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“…Moreover, these companies may only sell/produce one product, or may provide one service and operate locally. As a result, they may not disclose any segmental information in their annual reports (Mardini et al, 2013;. Second, the insurance sector for both countries (ASE first market 7 companies; QE 5 companies) was excluded from the sample, since the Jordanian and Qatari National Insurance Regulatory Commissions issue specific instructions for this sector in relation to the implementation of IAS/IFRS.…”

Section: H1: Segmental Information Provided By Qatari and Jordanian Lmentioning

confidence: 99%

“…IFRS 8 is largely equivalent to the US standard on segmental reporting (Financial Accounting Standard (FAS) No. 131) (Mardini et al, 2013). In line with FAS 131, IFRS 8 adopts a management approach that allows companies to determine the number of segments about which they should provide information, as well as the disclosures for each segment that is to be included in their annual reports, based on data supplied to the Chief Operating Decision Maker (CODM) within their organization.…”

Section: Introductionmentioning

confidence: 99%

“…In order to facilitate economic development in the two countries, both the Jordanian and Qatari governments well-functioning and organized capital markets (Alattar and Al-Khater, 2007;Hossain and Hammami, 2009;Al-Akra et al, 2010;Mardini et al, 2013;Haddad et al, 2017;Mardini and Tahat, 2017 results, since the capital markets of these two countries differ significantly from the market in the US, in terms of size, investor sophistication and analyst coverage of equities. In particular, the market capitalisation and the number of the listed firms is much larger in the US, and the size of the analyst community is greater (Al-Attar and Al-Khater, 2007;Mardini and Almujmad, 2015;Haddad et al, 2017).…”

Section: Introductionmentioning

confidence: 99%

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The extent of segmental reporting and its value relevance: cross-country evidence

Mardini

Tahat

Power

2018

JAEE

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Purpose -The current study examines the extent of segmental reporting disclosure and its value relevance to a sample of Qatari and Jordanian listed companies following the implementation review of the International Financial Reporting Standard (IFRS) 8. This was the first standard to be subjected to a post-implementation review. Annual reports are initially analysed to investigate the level of segmental information that was published by companies in these two countries.Methodology -Using the Ohlson (1995) model, the study employs regression analysis to test hypotheses relating to the value relevance of the segmental disclosures uncovered. In addition, One-Way ANOVA and Kruskal-Wallis tests are used to investigate any variation in segmental reporting among sectors. Originality/Value -This paper is one of the few to provide empirical evidence on the role of segmental reporting following the post implementation review that was conducted for IFRS 8. Findings -

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“…Doupnik and Salter ( ) argue that the stage of development affects the type of business transactions conducted in a country and the type of economy determines which transactions are more prevalent. Several international accounting studies have examined the factors that can affect the development of an accounting system (Assenso‐Okofo, Ali, & Ahmed, ; Elsayed & Hoque, ; Mardini, Tahat, & Power, ; Mashayekhi & Mashayekh, ).…”

Section: Introductionmentioning

confidence: 99%

Development of Accounting Regulations and Practices in Kuwait: An Analytical Review

Almujamed¹,

Tahat²,

Omran³

et al. 2017

J. Corp. Acct. Fin

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To provide an institutional insight into Kuwait’s current accounting practices and regulations and their potential for advancement, this study addresses a number of key institutional issues including economic and political influences, the legal system classification, and cultural settings. The study adopts an institutional approach in order to facilitate an understanding of the role institutional factors have played on accounting practices and regulations in Kuwait. Economic, political, and legal factors are found to be directly linked to specific features of the accounting system. Kuwaiti Parliament is a key player in the formation of all economic and political policies issued regarding business practices in general, and accounting ones in particular. The professions need to assert themselves and make sure that their voices are not lost in a sea of competing concerns regarding regulatory reform. Our analytical review brings together a diverse body of knowledge and attempts to understand accounting environment in Kuwait as a coherent hole. Such a holistic approach should facilitate a clear understanding of current practices and serve to guide future accounting regulatory reform. This study should be of interest to academicians, practitioners and regulators, who seek to develop accounting practices, disclosures and regulations. © 2017 Wiley Periodicals, Inc.

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Determinants of segmental disclosures: evidence from the emerging capital market of Jordan

Cited by 16 publications

References 49 publications

The association between accounting disclosures and stock market price: an empirical study on Jordanian commercial banks

The association between accounting disclosures and stock market price: an empirical study on Jordanian commercial banks

The extent of segmental reporting and its value relevance: cross-country evidence

Development of Accounting Regulations and Practices in Kuwait: An Analytical Review

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