This study aimed to identify the impact of corporate governance principles on the liquidity of the stock market in the financial companies listed on the Amman Stock Exchange (ASE) for the period from 2009 to 2013. Corporate governance principles are represented by board size, board composition, CEO duality and black holders.

 To achieve the objective of the study, descriptive statistics, correlation analysis and multiple regression analysis were used. The study sample includes (67) financial company. The study results showed that most of the corporate governance mechanisms contribute to the reduction of the liquidity cost for the financial Jordanian public corporation.Based on the results of the study it has been proposed several recommendations, the most important is the need to study the optimum number of the members of the board of directors in line with the company's strategy and practice associated with the element of liquidity and examine the ownership percentage for block holders and its impact on liquidity.

Title

مجلة جامعة الزرقاء للبحوث والدراسات الانسانية

Publisher

جامعة الزرقاء

Publisher Country

Jordan

Publication Type

Both (Printed and Online)

Volume

16

Year

2016

Pages

162-178