Quick Menu

Upcoming Journals

Asian Journal of Agricultural Extension, Economics & Sociology

Asian Journal of Agricultural Extension, Economics & Sociology, ISSN: 2320-7027,Vol.: 22, Issue.: 1


Determinants of Financial Performance in the Industrial Firms: Evidence from Jordan


Ali Matar1* and Bilal Mohammad Eneizan1

1Jadara University, Irbid, P.O. Box 733, Postal Code 21110, Jordan.


Article Information
(1) Philippos I. Karipidis, Department of Agricultural Technology, Agricultural Economics of Alexander Technological Education Institute of Thessaloniki, Greece.
(1) Erwin T. J. Lin, Ming Dao University, Taiwan.
(2) Victor A. Adedayo, Institute of Technology, Nigeria.
Complete Peer review History: http://www.sciencedomain.org/review-history/22655




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.


Keywords :

Financial performance; profitability; leverage; liquidity; firm size; Jordan.


Full Article - PDF    Page 1-10    Article Metrics


DOI : 10.9734/AJAEES/2018/37476

Review History    Comments

Search this site

Advanced Search

Announcement & News

Nature (Impact Factor: 41.6) confirmed high standard of SDI journal and its editors

We are happy to inform that Nature (Impact Factor: 41.6) confirmed high standard of SDI journal and ...

ISI Thomson Reuters selected British Journal of Pharmaceutical Research for Emerging Sources Citation Index

We are delighted to inform that ISI Thomson Reuters selected British Journal of Pharmaceutical Resea...

SCOPUS selected Annual Research & Review in Biology (ARRB)

We are delighted to inform that famous indexing organization SCOPUS (from Elsevier) selected  A...

Index Copernicus Evaluation Result Released

We are delighted to inform that Index Copernicus (a leading indexing organization from Pol...

Journal Repository (JR): Permanent Digital Archiving of SDI journals

SDI is happy to announce that all our journals are now permanently archived in Journal Repository (J...

SDI journal got 35th ranking in Publons

We are delighted to announce (as of 04/01/2016) that British Journal of Medicine and Medical Re...

Growth of SDI and world publication market

As of 2014, total 25,064 journals are competing in World market of journal publication. In 2011, tot...

Science (IF: 31) report confirmed the high standard of SDI journal

As per a recent report (Link) of Science journal (present Impact factor 31), one of our journal (Bri...

SDI introduced Post-publication peer review by its comment section

SDI journals encourage Post-publication peer review by its comment section   Policy details a...

SDI promotes transparent Advanced OPEN peer review

We have migrated to transparent and toughest ‘Advanced OPEN peer review’ system (...


  • No Awards listed.

Browser Compatibility : Mozila firefox, Google Crome and IE 7 & above. Creative Commons License Terms & Condition   |   Privacy Policy   |   Join Us   |   Help   |   Contact Us
© Copyright 2010-2018, SCIENCEDOMAIN international. All rights reserved.