Jordanian Industrial Corporations Research Articles

The Role of Marketing Knowledge Sharing in Building Organizational Immunity

This study aimed to assess the impact of sharing marketing knowledge on attaining organizational immunity in Jordanian industrial corporations using a quantitative methodology. Marketing managers from Jordan's 53 industrial corporations made up the study's population. 40 questionnaires were found to be valid for analysis. The following outcomes have been obtained: The sharing of marketing knowledge influences building organizational immunity in Jordanian industrial corporations. The benefit of marketing knowledge sharing on obtaining organizational immunity in Jordanian industrial corporations is linked to marketing managers' academic qualifications. The following are the researcher's recommendations: Creating unique procedures for assessing economic data relating to the company's operations to foresee any future marketing changes. In addition to focusing on educating marketing department employees in the art of gathering information about the external environment regularly, to confront and face any marketing changes that may arise in the surrounding environment.

The effect of ownership structure and board structure on accounting conservatism throughout financial reporting: Evidence from Jordanian industrial corporations

This study is based upon constructing two models for quantifying the impact of ownership structure upon accounting conservatism and the impact of board structure upon accounting conservatism for the industrial enterprises registered with the Amman Stock Exchange ASE from 2011 to 2020. Moreover, the finding revealed that conservatism was at a low level among industrial enterprises in Jordan. Family ownership, board independence and large investor ownership have moral impact upon accounting reservations though not upon institutional ownership, managerial ownership, board size, dispersed ownership, board duality or board meetings. So that financial reporting accuracy can be preserved, the research urges against the abandonment of conservative accounting rule adoption, especially in the context of the current economic position of Jordan, with restriction and disclosure of ownership quantities in their various forms within industrial facilities within Jordan. Great attention should be paid to characteristics in boards of directors so that the various stakeholders that are engaged in the firm are protected and the beneficial behavior of the management can be limited.

The Role of Information Systems Capabilities in Enhancing the Organizational Performance

The literature supports that information systems improve the effective performance of any organization and gain a competitive advantage for their success in the business environment. Therefore, the scholars should do more studies that focus on how to enhance organizational performance to let corporations to sustain their competitive advantage. This study aims to empirically investigate the mediating role of competitive advantage with information systems capabilities and organizational performance among managers and department heads working in Jordanian industrial corporations. The study population consisted of all managers and department heads working in 20 Jordanian industrial corporations. The analysis of the data included the calculation of descriptive statistics as well as structural equation modeling, regression analysis, correlation analysis, and factor analysis. The study results showed that information systems capabilities, competitive advantage, and organizational performance were statistically significant. In addition, the result revealed that information system capabilities through competitive advantage influence organizational performance. The study model developed to provide the relationships of information systems capabilities through competitive advantage that can be used by Jordanian industrial corporations as evidence of a positive impact on organizational performance of managers and heads of departments in their corporations.

Board diversity and corporate performance: the Jordanian Industrial Corporations case

Board diversity and corporate performance: the Jordanian Industrial Corporations case

The Impact of Strategic Fit on the Marketing Performance of the Industrial Corporations in Jordan

The present study aimed at identifying the impact of strategic fit on the marketing performance of the industrial corporations in Jordan. The population consists from all the Jordanian industrial corporations that are listed on Amman Stock Exchange. To be specific, the population consists from 63 companies. A sample was chosen through using the simple random sampling method. It was selected from 54 companies. Questionnaire forms were distributed to marketing, and administrative directors (or the ones holding equivalent positions).  76 questionnaire forms were retrieved (out of 108 questionnaires). All of the retrieved forms are valid for statistical analysis. The response rate is 70.37%. The latter rate is considered a good rate.
 
 Several results were concluded. For instance, it was found that the strategic fit has a statistically significant positive impact on the marketing performance of the Jordanian industrial corporations. The researchers recommend providing more attention to the achievement of strategic fit in the industrial corporations. That shall enable those companies to improve their marketing performance.

Board Diversity and Corporate Performance: The Jordanian Industrial Corporations Case

This paper aims to explore the relationship between board diversity and corporate performance in Jordanian Industrial Corporations during the year (2014). This will be explored through examining the impact of the board diversity in terms of (independence, educational level, and age) on the corporate financial performance in the latter companies. The paper also aims to identify the impact of board size, and corporate size on the corporate financial performance in the latter companies. The study's sample consists of 49 Jordanian Industrial Corporations listed on Amman Stock Exchange. The paper will analyse the annual financial reports of the selected companies. It will also conduct the multiple regression analysis in order to explore the relationship between the study's variables. It was found that there is a statistically significant relationship between the board diversity in terms of (independence and age) and the corporate financial performance in Jordanian Industrial Corporations.

The Extent Use of Contemporary Management Accounting Practices and Its Effect on Operational Performance of Industrial Corporations in Jordan

The purpose and aims of this study is to illustrate the extent use of contemporary management accounting practices MAPs in the Jordanian industrial corporations listed on Amman Stock Exchange ASE, and an attempt to find out the most common practice used. A field study conducted by using a questionnaire distributed to accountants working in 25 different industrial corporations, a total of 75 questionnaires distributed, 52 were valid for analysis purposes. The financial data related to the operational performance were collected for the periods 2013-2016. The study used arithmetic mean and standard deviation to describe the study sample and determine degree of implementation of contemporary MAPs.Multiple regression analysis used to detect the effect of MAPs on each indicator of operational performance.Results of the study showed a moderate use of contemporary MAPs, such as Target costing, Kaizen costing and Just-in-time manufacturing, moreover a least used practices were Activity base costing and Balance scorecard, and analysis revealed a different effect of applied contemporary MAPs on operational performance indicators, an effects on inventory turnover rate is observed, and no statistically effect on operational ratio, receivables turnover and total assets turnover. Worthwhile, the researcher proposed a number of proposals and recommendations, emphasis in reconsideration of application mechanism of contemporary MAPs applied in the corporations, and activate the role of various contemporary MAPs used as an information system, which could assess the corporate managers and decision-makers serving the management's objectives in the industrial corporations.

The Extent of Applying IFRS on Jordanian Industrial Corporations Listed in the Amman Stock Exchange

This study aimed to identify the extent of the Jordanian public shareholding listed on the Amman Stock Exchange industrial companies applying IFRS (8) and to identify the obstacles that prevent it. For the purpose of achieving the objectives of the study were used descriptive analytical method, and a questionnaire was designed and distributed to a sample study of (50) companies listed at Amman Stock Exchange at the end of year 2016. (39) questionnaires has been subjected for statistical analysis. The study has a set of results, one of the most important industrial Jordanian public shareholding companies listed on the Amman Stock Exchange is committed to identifying covered financial reports operating segments according to the foundations of identifying sectors, it is also committed to disclose sufficient information to help users of financial statements to evaluate the nature and financial effects of the activities business and economic environment of the operating segments, the results also showed that there are many obstacles that limit the obligation to implement IFRS (8), which was the most important weakness of the role of associations and accounting bodies in develop the skills and expertise of accountants, as well as the majority of those in charge of the preparation of financial reports do not possess sufficient experience and knowledge in the application of IFRS (8).

The impact of social responsibility disclosure on the liquidity of the Jordanian industrial corporations

This paper aims to identify the impact of the disclosure of corporate social responsibility on liquidity of the Jordanian industrial corporations. This will be done by investigating the impact of the disclosure of corporate social responsibility activities on liquidity during the period (2013-2015). The paper developed an index of corporate social responsibility disclosure and examined the annual financial reports of some selected companies listed in Amman Stock Exchange. In order to evaluate the impact of the disclosure of corporate social responsibility activities on liquidity in Jordanian corporations during the period (2013-2015), a multiple linear regression analysis was conducted to identify the relationship between the study's variables. The paper found that the level of disclosure of corporate social responsibility items among the sampled companies is below than the required level. It was concluded that there is no statistically significant impact for disclosing any of the corporate social responsibility activities on liquidity represented in the current and quick ratios. Moreover, there is no relationship between the disclosure of corporate social responsibility and liquidity in the sampled companies.

The impact of social responsibility disclosure on the liquidity of the Jordanian industrial corporations

The impact of social responsibility disclosure on the liquidity of the Jordanian industrial corporations

The Possibility of the Jordanian Industrial Corporations to Apply the IFRS No. 15

The goal of this study is to explore the possibility for the Jordanian industrial corporations to apply the International Financial Reporting Standers (IFRS) No. 15 from the point of view of the financial reporting preparers. To achieve the objectives of the study, a questionnaire was designed and distributed to a sample consisting of 84 individuals. Descriptive statistics were used to describe the study sample such as the frequencies, arithmetic mean, and standard deviation. In addition, the one-sample t-test was employed to test the study hypotheses at the 0.05 level of significance. This study showed that it is possible for the Jordanian industrial corporations to commit to the requirements for revenue recognition and the accounting measurement. As well as it is not possible commit to the requirements for the accounting disclosure of the revenues according to the IFRS 15. Furthermore, this study recommended to encouraging the corporations to commit to the requirements for revenue disclosure according to the IFRS 15 in such a way as to reinforce/foster trust of the users of the accounting information in the financial reports.

The Influence of the Leadership Style on Managerial Creativeness from the Perspective of Employees within Jordanian Industrial Corporations

No one can deny the influence of the leaders and their leadership style on many levels of the organization starting from the performance of the employees, the internal environment and reaching the performance of the organization itself. From that point, the current research study seeks to highlight the degree of influence of the leadership styles on the managerial creativeness among the leaders and what is the most influential leadership style on the managerial creativeness among leaders in the industrial corporations in Jordan. The approach of the study was quantitative in its nature; the researcher distributed a questionnaire on a convenience sample of leaders within the industrial corporations in Jordan. Out of 500 questionnaires, the researcher retrieved 322 questionnaires which was properly filled and can be analyzed through SPSS. The findings of the study revealed that leadership style can influence the level of creativity that leaders and managers have which in its turn can influence the employees themselves. In addition to that, the study reached a results in which the transformational leadership style is the most influential style on the managerial creativeness.

The contribution of capital investment and selling expenses on sales revenue: An analytical study of Jordanian industrial corporations (2004-2014)

This paper investigates how sales revenue are influenced by increasing the amount of investment in fixed assets and distribution expense's derived from corporate financial reports, the study used sales revenue, fixed assets, selling & distribution expenses, and lag of fixed assets as nonprofit parameters. We examined the financial statements of (11) industrial sector listed on Amman Stock Exchange for the period 2004 to 2014. The result shows that The results shows a positive relationship between sales revenue with fixed assets and selling & distribution expenses, and insignificant relationship between the lag variable of fixed for one year, and sales revenue,. The study concluded that lag of fixed assets indicators were less valued in capital investment decisions during this period.

Association between Working Capital Management Strategies and Profitability

This study aims to examine the relationship between working capital management strategies (aggressive, moderate, conservative) and profitability. The study relied on the financial statements published by industrial pharmaceutical corporations in the last five years, namely 2009-2013, using the Pearson correlation coefficient between classifications according to corporate working capital management strategies, as well as profitability classification (high, medium and low) to determine whether a statistically significant relationship between the strategies followed for working capital management and profitability of the corporation. The study's results revealed a stronger relationship between working capital management strategy and profitability of Jordanian industrial pharmaceutical corporations that followed a moderate strategy compared with those that followed an aggressive strategy. Furthermore, Jordanian pharmaceutical corporations didn’t follow a conservative working capital management strategy.

أثر الأزمات المالية على دعم سياسة التحفظ المحاسبي: دراسة في الشركات الصناعية المساهمة الأردنية

The theme of the reservation accounting is one of the oldest topics of financial accounting, which has become a prerequisite for the parties concerned with the financial report process, especially in the aftermath of the collapse witnessed by the turn of the 21st century. The research problem is summarized in the following questions: Have the financial crises affected the specific reservation accounting? Have the financial crises contributed to the accounting support reservation? And has the research aimed to identify the different interpretations of the reservation, the most important pros and cons of reservation, and find out the impact of financial crises on accounting reservation? In order to achieve the research objectives the researchers followed the descriptive approach depending on the accounting sources including Arab and foreign books, periodicals and researches, as well as designing a questionnaires which was been distributed among a study sample which included managers, financial advisors, and external and internal auditors in Jordanian shareholding companies. The study has come to a number of conclusions including: The public shareholding companies of Jordan are committed to conservative accounting in preparing the financial statements. The financial crises have led to the increased use of the reservation accounting. The financial crises have also .led to the emphasis on the specific use of the reservation accounting, and reservation accounting reduces the risk of the collapse of companies and that it is an appropriate tool to address the uncertainty faced by the accountant. إن موضوع التحفظ المحاسبي يعد من أقدم موضوعات المحاسبة المالية وأصبح مطلبا أساسيا في الوقت الراهن من جانب الأطراف ذات العلاقة بعملية التقرير المالي خصوصا في أعقاب حالات الانهيار التي شهدها مطلع القرن الحادي والعشرين، وتلخصت مشكلة البحث في الأسئلة التالية: هل أثرت الأزمات المالية على محدد التحفظ المحاسبي؟، وهل ساهمت الأزمات المالية في دعم التحفظ المحاسبي؟، وهدف البحث إلى التعرف على التفسيرات المختلفة للتحفظ، وأهم الإيجابيات والسلبيات للتحفظ، ومعرفة أثر الأزمات المالية على التحفظ المحاسبي. وتحقيقاً لأهداف البحث قام الباحثين بإتباع المنهج الوصفي بالاعتماد على المصادر المحاسبية من الكتب والمجلات والبحوث العربية والأجنبية، فضلاً عن تصميم استمارة استبانه تم وتوزيعها على عينة الدراسة والمتمثلة بالمدراء والمستشارين الماليين ومدققي الحسابات الخارجيين والداخليين في الشركات المساهمة الأردنية. توصلت الدراسة إلى عددا من النتائج أهما: إن الشركات المساهمة العامة الأردنية تلتزم بالتحفظ المحاسبي عند إعداد القوائم المالية، وأن الأزمات المالية أدت إلى زيادة استخدام التحفظ المحاسبي وأن الأزمات المالية أدت إلى التأكيد على استخدام محدد التحفظ المحاسبي وأن التحفظ المحاسبي يخفض من مخاطر انهيار الشركات وأنه أداة مناسبة لمواجهة حالة عدم التأكد التي يتعرض لها المحاسب .

The Relation of Earnings Quality to Accounting Conservatism

The aim of this article is to examine the relationship between accounting conservatism andearnings quality. Data were collected from 50 industrial corporations listed in AmmanStock Exchange (ASE) between 2004-2009. Hypotheses were tested using Ordinary LeastSquares (OLS) and Binary Logistic under Pooled Regression. The findings revealed that thelevel of conservatism was low in such companies, but earnings quality was reasonable. Thestudy found that there was no variance between levels of earnings quality of the Jordanianindustrial corporations, due to the disparity of the level of conservatism in their financialreports.

The Impact of Audit Committee Characteristics on Earnings Management: Additional Evidence from Jordan

This research investigates the impact of audit committees’ characteristics (audit committee size, independence, activity, financial expertise, and percentage of common stocks owned by audit committee) on improved accounting conservatism and earnings management practices for a sample of 50 Jordanian industrial corporations listed in Amman Stock Exchange (ASE) during the period of 2004-2009. The study measures accounting conservatism using book-to-market approach and ratio of total accruals to gross profit. By using Pooled Data Regression the study found the audit committee characteristics examined are not significantly related to accounting conservatism with the exception of financial experience of audit committee which was found to have a positive relationship to conservatism.

The impact of antecedents supporting organizational innovation on employees’ psychological empowerment: An empirical study of Saudi and Jordanian industrial corporations

Various antecedents support the adoption of organizational innovation. Despite the extensive research on innovations, research focusing on how these antecedents affect psychological empowerment has remained thin. The objective of this study was to investigate the impact of six antecedents supporting organizational innovation (employee participation, training and development, organizational culture, incentives, leadership pattern, and teamwork) on the four constructs of psychological empowerment (meaningfulness, competence, self-determination, and impact). Based on prior research, the study develops a number of testable hypotheses. It examines how employee participation, training and development, organizational culture, incentives, leadership pattern, and teamwork influence employees' psychological empowerment. The paper uses multiple regressions analyses and empirically tests these hypotheses using a sample of 249 employees working at Jordanian and Saudi industrial corporations. The result shows that all six antecedents of organizational innovation are positively related to psychological empowerment. In addition, 67.2% of the variation in employees’ psychological empowerment is explained by the six antecedents of organizational innovation. This empirical study reflects the need to strengthen different organizational innovation's antecedents’ capabilities to achieve an adequate level of employees' psychological empowerment and thus improve performance and foster innovation. Key words: Organizational innovation, physiological empowerment, industrial corporations, Jordan, Saudi Arabia.

Capital budgeting practices in the Jordanian industrial corporations

PurposeThe purpose of this paper is to provide additional empirical evidence about capital budgeting practices in an emerging economy.Design/methodology/approachThe study utilizes a questionnaire and interview to collect data from respondents.FindingsThe results show that the JIC give almost equal importance to the discounted and undiscounted cash flow methods in evaluating capital investment projects. It appeared also that the most frequent used technique is the profitability index followed by the payback period.Practical implicationsBased on these results, the researchers recommend putting a great attention to apply the concepts and techniques of capital budgeting in an appropriate manner. The corporations should also consider importance of information technology and its applications in capital budgeting.Originality/valueThis is the first study applied on the capital budgeting practices and its related issues in the JIC.

The Extent of the Jordanian Industrial Corporations Compliance with International Accounting Standard No.Sixteen for the Property, Plant, and Equipment

The Extent of the Jordanian Industrial Corporations Compliance with International Accounting Standard No.Sixteen for the Property, Plant, and Equipment