The relationship between debt securities issuance, profit efficiency, and Jordanian commercial banks’ operational performance

Autor: Laith Akram AL-Qudah, Ashraf Mohammad Salem Alrjoub
Jazyk: angličtina
Rok vydání: 2022
Předmět:
Zdroj: Investment Management & Financial Innovations, Vol 19, Iss 3, Pp 256-266 (2022)
Druh dokumentu: article
ISSN: 1810-4967
1812-9358
DOI: 10.21511/imfi.19(3).2022.21
Popis: The purpose of this study is to investigate whether or not the issuing of debt securities and the effectiveness of profit management affect Jordanian banks’ operational performance. The assessments are carried out with the help of data obtained from the financial statements of commercial banks that are listed on the Amman Stock Exchange (ASE) from 2016 to 2020. Estimation of the regression equation is performed with the help of the non-linear analysis. The study’s findings showed that the issuance of debt securities has a significant (0.02) influence on banks’ operational performance. Furthermore, profit efficiency has an insignificant (0.363) influence on banks’ operational performance. Overall, the findings of the study are consistent with those of earlier empirical research. The most important contribution of this paper is that the determination of debt security issuers’ prospects associated with the Jordanian economy can be improved, and financial institutions and commercial banks can take corrective measures to reduce variation and increase development.
Databáze: Directory of Open Access Journals