The impact of banking lending on the development of entrepreneurship analysis study on the Jordanian small and medium enterprises
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Abstract : Entrepreneurship plays a pivotal and important role in any economy, this study shed the light on the impact of bank lending on the development of entrepreneurship in Jordan from the year (2000–2019), the study aimed to examine the impact of granting bank loans toward the industrial and construction sectors on entrepreneurship in Jordan through the number of small and medium enterprises (SMEs) in these two sectors. Data were collected from various official websites, including Central Bank of Jordan bulletins (CBJ), Department of Public Statistics (DOS) surveys, and Ministry of Industry and Trade in Jordan (MIT) books, by conducted an appropriate test, namely Unit Root Test, Co-Integration Test and Multiple Linear Regression Test. The study concluded that there is a positive and statistically significant effect of the independent variable BLMS on the dependent variable ENT-DEV, as when increasing the BLMS 1%, the dependent variable ENT-DEV will increase by 485%, and that there is a positive and statistically significant effect of the independent variable BLCS on The dependent variable ENT-DEV, where when increasing the BLCS by 1%, the dependent variable ENT-DEV will increase by 220%,while, the most important obstacles facing entrepreneurship in Jordan are the high interest rate and the increase in the guarantees required by banks.
Keywords : Small Medium enterprises (SMEs)
,Pivotal and important role
,Construction sectors on entrepreneurship
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The Role of Jordanian Financial Institutions’ in Supporting Entrepreneurial Success and Cope Up the Challenges
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Abstract : Current study investigates the role of Jordanian financial institutions for supporting entrepreneurial success in the country. For this purpose, the study focuses on various tools implemented by Jordanian banks listed on Amman stock exchange to highlight their contribution in supporting entrepreneurs starting their work and attaining SDG (sustainable development goals). The study reports different documents and academic literature for determining various types of financing instruments offered by financial institutions for sustainable development of entrepreneurs. Moreover, instruments, financial policies and financial services of Jordanian banks are reviewed that offer support to entrepreneurs. The study also reports various types of challenges faced by entrepreneurs. It also highlights the role of relationship among financial institutions and other agencies in providing financial support to Jordanian entrepreneurs in different economic sectors.
Keywords : Entrepreneurship, Financial Institutions, Banks, Financial Support, Technical Support, Jordan.
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The Effect of Artificial Intelligence Using Neural Network in Estimating on An Efficient Accounting Information System: Evidence from Jordanian Commercial Banks
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Abstract : Neural networks is a new topic of great importance, because of the change that it causes in the performance in the accounting profession and the relevance of accounting information. Current study aims to examine the impact neural network on an efficient accounting information system on the Jordanian commercial banks. Collecting date for 13 Jordanian commercial banks listed on the Amman Stock Exchange. The primary was obtained using a questionnaire includes all employees in the accounting departments, internal auditors, and programmers. The study distributed (195) questionnaires to the entire sample members electronically. It is found that the neural networks used by Jordanian commercial banks contribute to increasing the efficiency of its accounting systems, and providing management with basic accounting information. Moreover, the neural networks used by Jordanian commercial banks are distinguished by their ability to analyze contribute to raising the efficiency and ability of workers to develop and progress, and provide management and stakeholders with information that is consistent with the needs of customers.
Keywords : • Neural Networks,
• Efficient Accounting Information System,
• Banks
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Determinants of Commercial Banks Profitability in Volatile Environments: Evidence from Generalized Method of Moments
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Abstract : The paper is a study that assesses the prime factors that determine the profitability in the banking industry, focusing on banks in volatile environments in the MENA countries for the timeframe 2010-2019. These factors will be categorized into internal and industry external factors i.e. macroeconomics, country risk and bank related factors. As the bank's proxy for profitability, we consider the return on average equity, return on average assets and net interest margin. The empirical findings are consistent with the expected results. Political risk, credit ratings, corruption, concentration ratio and efficiency, and the economic growth have influence on bank profitability, on return on average equity, return on average assets and net interest margin.
Keywords : DETERMINANTS OF COMMERCIAL BANKS’ PROFITABILITY IN VOLATILE ENVIRONMENTS: EVIDENCE FROM GENERALIZED METHOD OF MOMENTS
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CAPITAL STRUCTURE, BOARD SIZE AND FIRM PERFORMANCE: EVIDENCE FROM JORDAN
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Abstract : This paper focus on an important issue that has received little attention in previous studies. It is the effect of boar size on the relationship between capital structure and the financial performance of companies. Through used the sample includes the industrial companies listed in Amman Stock Exchange, the generalized least squares method, as a panel data technique to study the moderating of boar size on the relationship of capital structure and financial performance. Where capital structure measured by (equity ratio and long-term debt) and the financial performance measured by Tobin’s Q. The results showed, board size moderates the relationship between equity and financial performance. Also, Tobin’s Q significantly affected by equity and the relationship is negative.
Keywords :
Capital Structure, Board Size, Firm Performance
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THE EFFECT OF CASH HOLDINGS AND CORPORATE GOVERNANCE ON FIRM VALUE: EVIDENCE FROM THE AMMAN STOCK EXCHANGE
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Abstract : Much effort has been expended by the regulators in Jordan to enhance the code of corporate governance (CG); however, the effectiveness of CG mechanisms in monitoring management and enhancing the value of a firm is still a puzzle. This study aims to investigate the impact of CG and cash holdings (CH) on firm value as measured by the market-to-book ratio. The sample consists of all manufacturing firms listed on the Amman Stock Exchange (ASE) over the years 2010–2017. The study hypotheses were tested using panel regression analysis. The research findings suggest that CH have a positive association with firm value, supporting the transaction and precautionary motives for holding cash. An interesting finding is that board expertise was found to be negatively associated with firm value. Gender diversity was found to be positively related to firm value, while board size, independence, and frequency of meetings were found to be insignificant. It seems that firms in Jordan regard strong CG mechanisms to be expensive and of little value in mitigating the negative effects of a weak legal system. These findings shed new light on the influence (or the lack of it) of boards in Jordanian firms. Consequently, the study recommends that the regulatory agencies in Jordan should consider improving governance codes and Rules to increase the effectiveness of the board and governance in general.
Keywords :
Cash Holdings, Governance, Firm Value, Board of Directors, Market-to-Book Ratio
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TRENDS OF FINTECH AND CRYPTOCURRENCIES JORDAN RECAPITULATION
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Abstract :
The purpose of our paper is to provide an overview of Fintech trends with a special focus on Jordan. It provides an explanation for the evolution of Fintech and how Fintech relates to banks through discussing the role of E-banking that considered the most modern approach of using banking services through electronic channels, so we give attention to this sector and how it is affected by Financial technology. Also, we briefly discuss E-banking services and the literature about Peer-to-peer lending and cryptocurrencies that considered an incredibly transparent alternative to the traditional fiat currencies which we are used to, and it is an alternative that will improve the society, in addition we preview the point of view for various countries toward the financial technology and cryptocurrencies. Our study focuses on Jordan where its financial sector considers a stable sector with a considerable effect and share in the Jordanian economy, Fintech in Jordan is a main factor that will strengthen and develop the financial industry in the country, where the Jordanian government plays a great role in supporting the financial sector especially ‘Financial technology’.
Keywords :
Fintech, Cryptocurrencies, P2P, Financial Inclusion, MENA, Jordan, E-Banking
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