The moderating role of board ownership on the relationship between corporate governance and firm performance among the listed companies in Jordan

performance in Jordanian listed firms. It also explores the moderating impact of board ownership on the relationship between board of directors’ characteristics (i.e., board size, board independence, CEO duality, board meetings) and firm performance. Firm performance is measured using return on ass...

Full description

Saved in:

Bibliographic Details
Main Author:	Qadorah, Almontaser Abdallah Mohammad
Format:	Thesis
Language:	eng eng eng
Published:	2019
Subjects:	HD2709-2930.7 Corporations
Online Access:	https://etd.uum.edu.my/8433/1/s902276_01.pdf https://etd.uum.edu.my/8433/2/s902276_02.pdf https://etd.uum.edu.my/8433/3/s902276%20references.docx
Tags:	Add Tag No Tags, Be the first to tag this record!

id	my-uum-etd.8433
record_format	uketd_dc
spelling	my-uum-etd.84332022-07-27T01:25:45Z The moderating role of board ownership on the relationship between corporate governance and firm performance among the listed companies in Jordan 2019 Qadorah, Almontaser Abdallah Mohammad Fadzil, Faudziah Hanim Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HD2709-2930.7 Corporations performance in Jordanian listed firms. It also explores the moderating impact of board ownership on the relationship between board of directors’ characteristics (i.e., board size, board independence, CEO duality, board meetings) and firm performance. Firm performance is measured using return on assets (ROA) and Tobin’s Q. This study covers 90 listed firms on the Amman Stock Exchange (ASE) from 2014 to 2016 (N = 270). Hierarchical regression analysis is employed to examine if board ownership moderates the relationship between board of directors’ characteristics and firm performance. The findings show that board independence, Chief Executive Officer’s (CEO) duality, board meetings, managerial ownership, foreign ownership, audit committee presence and audit firm size are significantly and positively related to ROA. However, institutional ownership, family ownership and audit fees are significantly and negatively related to ROA. The findings also show that board independence, board meetings, managerial ownership, foreign ownership, family ownership, audit committee presence and audit firm size are significantly and positively related to Tobin’s Q. However, board size and institutional ownership are significantly and negatively related to Tobin’s Q. In addition, the results show that board ownership moderates the relationship between the board of directors’ characteristics and firm performance for both models (ROA and Tobin’s Q). The findings indicate that the interaction of board ownership and board of directors’ characteristics is significantly and negatively related to firm performance. This study concludes that good corporate governance mechanisms play a key role in improving the performance of firms. The current study presents practical evidence to the policymakers, academicians and all related parties in emerging markets, specifically in Jordan. 2019 Thesis https://etd.uum.edu.my/8433/ https://etd.uum.edu.my/8433/1/s902276_01.pdf text eng public https://etd.uum.edu.my/8433/2/s902276_02.pdf text eng public https://etd.uum.edu.my/8433/3/s902276%20references.docx text eng public other doctoral Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng eng
advisor	Fadzil, Faudziah Hanim
topic	HD2709-2930.7 Corporations
spellingShingle	HD2709-2930.7 Corporations Qadorah, Almontaser Abdallah Mohammad The moderating role of board ownership on the relationship between corporate governance and firm performance among the listed companies in Jordan
description	performance in Jordanian listed firms. It also explores the moderating impact of board ownership on the relationship between board of directors’ characteristics (i.e., board size, board independence, CEO duality, board meetings) and firm performance. Firm performance is measured using return on assets (ROA) and Tobin’s Q. This study covers 90 listed firms on the Amman Stock Exchange (ASE) from 2014 to 2016 (N = 270). Hierarchical regression analysis is employed to examine if board ownership moderates the relationship between board of directors’ characteristics and firm performance. The findings show that board independence, Chief Executive Officer’s (CEO) duality, board meetings, managerial ownership, foreign ownership, audit committee presence and audit firm size are significantly and positively related to ROA. However, institutional ownership, family ownership and audit fees are significantly and negatively related to ROA. The findings also show that board independence, board meetings, managerial ownership, foreign ownership, family ownership, audit committee presence and audit firm size are significantly and positively related to Tobin’s Q. However, board size and institutional ownership are significantly and negatively related to Tobin’s Q. In addition, the results show that board ownership moderates the relationship between the board of directors’ characteristics and firm performance for both models (ROA and Tobin’s Q). The findings indicate that the interaction of board ownership and board of directors’ characteristics is significantly and negatively related to firm performance. This study concludes that good corporate governance mechanisms play a key role in improving the performance of firms. The current study presents practical evidence to the policymakers, academicians and all related parties in emerging markets, specifically in Jordan.
format	Thesis
qualification_name	other
qualification_level	Doctorate
author	Qadorah, Almontaser Abdallah Mohammad
author_facet	Qadorah, Almontaser Abdallah Mohammad
author_sort	Qadorah, Almontaser Abdallah Mohammad
title	The moderating role of board ownership on the relationship between corporate governance and firm performance among the listed companies in Jordan
title_short	The moderating role of board ownership on the relationship between corporate governance and firm performance among the listed companies in Jordan
title_full	The moderating role of board ownership on the relationship between corporate governance and firm performance among the listed companies in Jordan
title_fullStr	The moderating role of board ownership on the relationship between corporate governance and firm performance among the listed companies in Jordan
title_full_unstemmed	The moderating role of board ownership on the relationship between corporate governance and firm performance among the listed companies in Jordan
title_sort	moderating role of board ownership on the relationship between corporate governance and firm performance among the listed companies in jordan
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2019
url	https://etd.uum.edu.my/8433/1/s902276_01.pdf https://etd.uum.edu.my/8433/2/s902276_02.pdf https://etd.uum.edu.my/8433/3/s902276%20references.docx
_version_	1747828392289370112

The moderating role of board ownership on the relationship between corporate governance and firm performance among the listed companies in Jordan

Similar Items