Determinants of Financial Performance in the Industrial Firms: Evidence from Jordan
Ali Matar, Bilal Mohammad Eneizan
Asian Journal of Agricultural Extension, Economics & Sociology · pp. 1–10 · Published 9 Jan 2018
10.9734/AJAEES/2018/37476Abstract
This paper investigates the factors affecting the financial performance of the Jordanian manufacturing industrial firms. Secondary data has been collected from the Amman stock exchange annual publication “Financial Statement Analysis of industrial firms listed in Amman Stock Exchange for the period 2005-2015. The data were gathered from the financial statements of industrial firms namely, balance sheet and income statement published by www.ase.com, the sample consists of (23) industrial firms. The researchers employed E.views software packages for the regression analysis of the current study. The dependent variable is firm’s performance measure ROA, the independent variables includes (LV, LQ, FS, PR, RV). The findings reveal that the variables of liquidity, profitability, and revenues are positively related with the return on assets (ROA). On the other hand, the variables of leverage and firm size are negatively related with it. In addition, the regression results show that all variables have significant impact on the financial performance. The findings are very important for different parties such as policy maker, investors, and stakeholders.
Cited by 20
Dumitru-Florin Moise · Proceedings of the International Conference on Business Excellence · 2023
Rachid EL BETTIOUI · Journal of Academic Finance · 2021
Janka Grofčíková, Hussam Musa, Silvia Lorincová · JOURNAL OF INTERNATIONAL STUDIES · 2024
Beny Mwenda, Magwana Ngollo, Amosi Mwasota · Ilomata International Journal of Tax and Accounting · 2023
Bassam Al-Own, Ghaith Al-Eitan, Mohannad Al Shbail · Journal of Business and Socio-economic Development · 2025
Putri Nuriksani, Verina Puspa Sari · Jurnal Ekonomi · 2022
Emmanuel Dele Omopariola, Abimbola Windapo, David John Edwards · Journal of Risk and Financial Management · 2021
Thair A. Kaddumi, Mohama’d Al-Dlalah, Ghazi H. AL-Arabiyat · Advances in Science, Technology & Innovation · 2025
Tanja Janaćković, Maša Georgiev, Marko Janaćković · Anali Ekonomskog fakulteta u Subotici · 2022
Kehkashan Nizam, Dr. Noreen Hassan, Arbab Muhammad Jehandad · Journal of Policy Research · 2024
Related research
- Biotypes and Enterotoxigenicity of Staphylococci Isolated from Camel’s Meat in Jordan — shares topic coverage
- Analysis of Egg Production System at Al-Karak Governorate in Jordan — shares topic coverage
- Broiler Value Chain: Socioeconomic Plan for Commercial Broiler Farm in Jordan — shares topic coverage
- Impact of External Audit Quality on Earnings Management by Banking Firms: Evidence from Jordan — shares topic coverage
- The Engineering of an Undergraduate Nuclear Education Program in Jordan — shares topic coverage
Article metrics
Real usage data collected on this platform.
0
Page views
0
PDF downloads
0
Outbound clicks
20
Citations
Views by country
Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".
No views recorded yet.
Traffic sources
Referring site, by host.
No traffic recorded yet.
Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.