scholarly journals The Extent of the Impact of the Ownership Structure on the Cash Flows of the Service Shareholding Companies Listed on the Amman Stock Exchange

Webology ◽  
2021 ◽  
Vol 18 (2) ◽  
pp. 1152-1168
Author(s):  
M. Rasha Nuri Latif
Keyword(s):  
Cash Flow ◽  
Public Service ◽  
Ownership Structure ◽  
Stock Exchange ◽  
Cash Flows ◽  
Amman Stock Exchange ◽  
And Performance ◽  
Level Of Significance ◽  
Service Businesses ◽  
The Impact

The study aimed to identify the extent of the impact of the ownership structure on the cash flows in the service businesses registered on the Amman Stock Exchange. While the study sample included (25) service businesses registered on the Amman Stock Conversation for the period between (2010-2019), and the study used the descriptive and analytical approach. The results showed that there is a statistically significant effect at the level of significance (α 0.05) of the ownership structure on the cash flow of Jordanian joint-stock service businesses The attendance of a statistically important result at the equal of significance (α 0.05) for the concentration of ownership on the cash flow of Jordanian public service shareholding companies, as the study recommended on the work of Jordanian companies to focus on the percentage of foreign owners by providing many advantages to investors such as obtaining more profits in If the percentage of their investment in companies increased in order to raise the level of work and performance of companies for the better.

scholarly journals Study on Companies from the Energy Sector from the Perspective of Performance through the Operating Cash Flow

Energies ◽  
2021 ◽  
Vol 14 (12) ◽  
pp. 3667
Author(s):  
Claudia Diana Sabău-Popa ◽  
Luminița Rus ◽  
Dana Simona Gherai ◽  
Codruța Mare ◽  
Ioan Gheorghe Țara
Keyword(s):  
Labor Productivity ◽  
Cash Flow ◽  
Stock Exchange ◽  
Average Duration ◽  
Significant Negative Correlation ◽  
Cash Flows ◽  
Energy Sector ◽  
Or Management ◽  
Operating Cash Flow ◽  
The Impact

In this paper we analyzed the link between companies’ performance, in terms of cash and income, and the labor productivity or management rates, in case of the companies from the energy sector listed on the Bucharest Stock Exchange. We focused on the energy sector because of the impact that its expansion has on the evolution of economies around the world and because of its dynamics in the sense of gradually shifting to the use of energy from renewable sources. We have used panel regression models to analyze the operating cash flow and the profitability rates and the determination of a causal or dependency relationship with labor productivity or management rates. The results of this study show a significant negative correlation between operating cash flows and the average duration of stock rotation, and no correlation between productivity and the operating cash flow. Instead, the average duration of stock turnover does not at all influence the profitability rates, and productivity is always significant for the return on assets, ie forthe return on equitywith a positive coefficient, as expected. The gap between the average duration of payment of suppliers and the average duration of receivables does not significantly influence neither the cash flow nor the rates of return.

scholarly journals Ownership Structure and Cash Flows As Determinants of Corporate Dividend Policy in Pakistan

2010 ◽  
Vol 3 (3) ◽  
pp. 210 ◽  
Author(s):  
Talat Afza ◽  
Hammad Hassan Mirza
Keyword(s):  
Cash Flow ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Cash Flows ◽  
Least Square ◽  
Flow Sensitivity ◽  
Cash Flow Sensitivity ◽  
Operating Cash Flow ◽  
The Impact ◽  
Individual Ownership

Dividend Policy is among the widely addressed topics in modern financial literature. The inconclusiveness of the theories on importance of dividend in determining firm’s value has made it one of the most debatable topics for the researchers (see for example, Ramcharan, 2001; Frankfurter et. al 2002; Al-Malkawi, 2007). The present study investigates the impact of firm specific characteristics on corporate dividend behavior in emerging economy of Pakistan. Three years data (2005-2007) of 100 companies listed at Karachi Stock Exchange (KSE) has been analyzed using Ordinary Least Square (OLS) regression. The results show that managerial and individual ownership, cash flow sensitivity, size and leverage are negatively whereas, operating cash-flow and profitability are positively related to cash dividend. Managerial ownership, individual ownership, operating cash flow and size are the most significant determinants of dividend behavior whereas, leverage and cash flow sensitivity do not contribute significantly in determining the level of corporate dividend payment in the firms studied in our sample. Estimated results are robust to alternative proxy of dividend behavior i.e. dividend intensity.

scholarly journals Pengaruh Kandungan Informasi komponen Laporan Arus Kas, Laba Akuntansi Dan Size Perusahaan Terhadap Return Saham Pada Perusahaan Consumer Good di Bursa Efek Indonesia

2020 ◽  
Vol 8 (4) ◽  
Author(s):  
Laila Zulviana
Keyword(s):  
Data Analysis ◽  
Stock Returns ◽  
Cash Flow ◽  
Consumer Goods ◽  
Stock Return ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Cash Flows ◽  
Company Size ◽  
The Impact

This study aims to examine the impact of the information content component of the cash flow statements, accounting profit, and company sizes on stock returns in consumer goods companies listed on the Indonesia Stock Exchange in the 2014-2017 period. The population in this study are corporations listed on the Indonesia Stock Exchange, specifically consumer goods companies. The sample were obtain by purposive sampling method. There are 30 companies that match the criteria. The data analysis was contucted using SPSS version 22. The technique of data analysis was descriptive statistics, classic assumption tests, hypothesis testing utilising multiple linear regression analysis. The research findings explicated several discoveries such as the following : 1) Operating cah flow has a negative and no significant effect on stock return, 2) Investment cash flow holds a positive and not significant effect on stock return, 3) Funding cash flow have a positive and not significant on effect stock return, 4) Accounting profit has a negative and no significant on effect return stock, 5) The size of the company has a positive and significant effect on stock return. The limitations of this study were that the adjusted R2 examined only had an effect of 13.2%. This shows that the influence of operating cash flows, investment cash flows, funding cash flows, accounting profit and company size on stock return is still very small compared to other factor, which is 86.8% and influenced by other factors which can be examined further. Future research needs to pay attention to other factors such as grofit, ROA and ROE.Keyword : operating cash flow, investment cash flow, funding cash flow, accounting profit, company size, and stock return.

The impact of ownership structure and the board of directors’ composition on tax avoidance strategies: empirical evidence from Jordan

2020 ◽  
Vol 18 (4) ◽  
pp. 795-812
Author(s):  
Amneh Alkurdi ◽  
Ghassan H. Mardini
Keyword(s):  
Board Of Directors ◽  
Ownership Structure ◽  
Stock Exchange ◽  
Tax Avoidance ◽  
Policy Implications ◽  
Content Type ◽  
Amman Stock Exchange ◽  
Avoidance Strategies ◽  
The Board Of Directors ◽  
The Impact

Purpose Adopting agency theory, the purpose of this study is to explore the impact of ownership structure and board of directors’ composition on the extent of tax avoidance strategies. Design/methodology/approach The sample included all of the Jordanian first market companies listed on the Amman Stock Exchange from 2012 to 2017, comprising 348 observations. Findings The main finding of the paper is that tax avoidance is negatively related to managerial and institution ownership structures, which reduces the usage of tax avoidance strategies. Foreign ownership, however, has a positive relation that increases the likelihood of adopting tax avoidance strategies. Practical implications This study has policy implications for policymakers in relation to designing future tax systems to reduce the possibility of engaging in tax avoidance practices. Originality/value To the best of the authors’ knowledge, this study is the first of its kind that investigates the effects of the managerial, foreign and institutional ownership classes and board composition on tax avoidance for Jordanian listed companies.

scholarly journals The Impact of Free Cash Flows to the Financial Flexibility of the Banks listed in the Colombo Stock Exchange

2021 ◽  
pp. 23-27
Author(s):  
Nadhira .. ◽  
◽  
◽  
Maha Saad Metawea
Keyword(s):  
Ownership Structure ◽  
Positive Relationship ◽  
Stock Exchange ◽  
Investment Decisions ◽  
Cash Flows ◽  
Free Cash Flow ◽  
Panel Regression ◽  
Financial Flexibility ◽  
Free Cash Flows ◽  
The Impact

There are considerable arguments in favour of and against the positive relationship between free cash flows (FCF) and financial flexibility. The aim of the study is to determine the impact of free cash flows on the financial flexibility of the banks listed in the Colombo Stock Exchange (CSE). The free cash flow will measure according to the model in Journal of Finance: Agency costs and ownership structure in 2000 and financial flexibility will determine using the financial leverage based on the model captured according to the Accounting Horizons Journal: Financial flexibility and investment decisions in 2007 . The population of the study is the banks listed in the CSE. The sample consists of 60 observations covering 12 banks for a period of over 05 years from 2015 to 2019. The panel regression model has been used to test hypotheses. The results indicate that there is a positive significant relationship between free cash flows and the financial flexibility of the banks listed in CSE.

The Impact of Ownership Structure on Corporate Risk Disclosure: Empirical Evidence from Amman Stock Exchange

2021 ◽  
Author(s):  
Ahmad Awad ◽  
Malek Hamed ◽  
Manaf Al-Okaily ◽  
Ghaith Al-Eitan ◽  
Ahmad Abdalla ◽  
...  
Keyword(s):  
Empirical Evidence ◽  
Ownership Structure ◽  
Stock Exchange ◽  
Risk Disclosure ◽  
Amman Stock Exchange ◽  
Corporate Risk ◽  
The Impact

EFFECT OF CASH FLOW ON PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA

2020 ◽  
Vol 3 (2) ◽  
Author(s):  
Grace N. Ofoegbn ◽  
Eric Chinedu Okoro
Keyword(s):  
Cash Flow ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Financial Statements ◽  
Cash Flows ◽  
Earnings Per Share ◽  
Multi Stage ◽  
Investment Returns ◽  
Level Of Significance ◽  
Returns On Investment

This paper examined the effect of cash flow on the performance of listed Deposit Money Banks (DMBs) in Nigeria. With the aid of multi-stage sampling technique which uses both pure random and eliminating method, twelve (12) banks were sampled for investigation over ten years beginning from 2006 to 2015 from a total population of fifteen (15) Deposit Money Banks (DMBs) listed on the Nigerian Stock Exchange. This corresponds to 120 observations from a total of 150. Published financial statements of the selected banking firms under study were the source of data. From the objectives of the study, a total of three hypotheses were formulated and tested at 5% level of significance. Data gathered were subjected to statistical analysis through the simple regression technique, and the EViews statistical software package was used to do the analysis. The findings showed that cash flows from operating, investing and financing activities, have no statistically significant effect on the returns on investment, returns on equity and earnings per share of Deposit Money Banks (DMBs) studied. The study yielded several recommendations, including an urgent and compelling need for the regulatory authorities to rethink the accounting regime for banks. The new regime should specifically take banks’ credit, creating function into consideration mostly because this uniqueness in banking operations entails that cash flow from the operating activities functions differently and hence requires being differently accounted for too.

scholarly journals PENGARUH INFORMASI LABA DAN ARUS KAS TERHADAP HARGA SAHAM PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

2021 ◽  
Vol 4 (2) ◽  
pp. 195
Author(s):  
Muhammad Haekal Yunus ◽  
Abdullah Abdullah
Keyword(s):  
Cash Flow ◽  
Stock Prices ◽  
Stock Price ◽  
Manufacturing Industry ◽  
Stock Exchange ◽  
Predictive Ability ◽  
Cash Flows ◽  
Manufacturing Companies ◽  
Earnings Information ◽  
Level Of Significance

AbstrakPenelitian ini bermaksud untuk mengetahui pengaruh informasi laba dan arus kas terhadap harga saham perusahaan manufaktur. Metode analisis data yang dipakai untuk menguji hipotesis pada penelitian ini adalah Regresi Linear Berganda serta Teknik Sampel Datanya adalah purposife sampling. Hasil penelitian membuktikan bahwa informasi laba serta arus kas berpengaruh positif kepada harga saham. dengan cara parsial informasi laba berpengaruh secara signifikan kepada harga saham pada tingkat of significance kurang dari 5% , sebaliknya arus kas tidak mempengaruhi  harga saham pada tingkat of significance lebih dari 5%, secara simultan terbukti berpengaruh secara signifikan kepada harga saham industri manufaktur di Bursa Efek Indonesia pada tingkat kurang dari 5%. Informasi laba dipakai oleh penanam modal buat memperkirakan harga saham industri pada industri manufatur yang listing di Bursa Efek Indonesia pada rentang waktu 2015–2019. Adapun arus kas menunjukkan pengaruh yang lemah. Kemampuan prediksi dari variabel laba dan arus kas kepada harga saham sebesar  21,8%.Kata kunci: Laba, Arus Kas, Harga Saham AbstractThis study aims to determine the effect of earnings and cash flow information on stock prices of manufacturing companies. The data analysis method used to test the hypothesis in this study was Multiple Linear Regression and the data sample technique was purposive sampling. The research results prove that earnings information and cash flow have a positive effect on stock prices. by means of partial earnings information has a significant effect on stock prices at a level of significance of less than 5%, on the other hand cash flows do not affect stock prices at a level of significance of more than 5%, simultaneously it is proven to have a significant effect on stock prices of the manufacturing industry on the Stock Exchange. Indonesia at a rate of less than 5%. Investors use earnings information to estimate industrial stock prices in manufacturing industries listed on the Indonesia Stock Exchange in the 2015–2019 timeframe. Meanwhile, cash flow shows a weak influence. The predictive ability of the earnings and cash flow variables to the stock price is 21.8%.Keywords: Profit, Cash Flow, Stock Price

scholarly journals The Effect of Financial Ratios Derived From Operating Cash Flows on Jordanian Commercial Banks Earnings per Share

2019 ◽  
Vol 11 (1) ◽  
pp. 394
Author(s):  
Laith Abdel Rahman Abualrob ◽  
Sanaa N. Maswadeh
Keyword(s):  
Regression Analysis ◽  
Multiple Regression Analysis ◽  
Cash Flow ◽  
Commercial Banks ◽  
Stock Exchange ◽  
Cash Flows ◽  
Net Income ◽  
Operating Cash Flows ◽  
Earnings Per Share ◽  
Amman Stock Exchange

This study tries to investigate the effect of operating cash flows ratios, which are (operating cash flows attributed to net income, operating cash flows attributed to credit facilities, and operating cash flows attributed to deposits) on earnings per share. The study was applied on Jordanian commercial banks listed on the Amman Stock Exchange during the period (2013-2017), and multiple regression analysis was used to test the study hypotheses.The most important results revealed by the study were: the ratio of operating cash flows attributed to credit facilities is considered as the most important ratio derived from the cash flow statement helping in determining the earnings per share in Jordanian commercial banks. And there is a statistically significant effect of operating cash flows attributed to net income, operating cash flows attributed to credit facilities, and operating cash flows attributed to deposit on earnings per share in Jordanian commercial banks. 

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