Do Jordanian Manufacturing Shareholders Companies - Listed in Amman Stock Exchange (ASE) - Show Sustainable Development Elements within their Financial Reports
Publication Type
Conference Paper
The purpose of the study is to investigate the implementation of sustainable development elements (environmental elements, social elements and economical elements) within financial reports in Jordanian Manufacturing Shareholders Companies listed in Amman Stock Exchange (ASE); through examining the managers’ perceptions regarding significance and potential use of sustainable development indicators to leverage Jordanian Manufacturing Shareholders Companies. The study surveyed the managers working at the 84 companies. Practical data were used in the empirical analysis collected from 280 managers, by means of a questionnaire. The questionnaire was developed and refined through experts’ interviews and the panel of judges committee. Statistical techniques such as descriptive statistics: mean, standard deviation and importance were employed. The results of the study indicate that there is a high implementation of sustainable development elements. The social elements reported highest implementation, followed by environmental elements and finally economical elements. The results also indicate that the respondents are aware about the limitations/constrains that face implementing sustainable development elements. The results also show that the information included in financial reports regarding these elements help decision makers to take decisions. Finally, the use of the companies listed in Amman Stock Exchange in this study may limit its generalisability to other Jordanian companies (not listed in ASE). The data is also limited to Jordanian companies; therefore, generalizing results of a Jordanian setting to other countries may be questionable. Extending the analyses to other settings represent future research opportunities which will help mitigate the issue of generalizing results on other companies and countries, especially Arab countries. Key Words: Sustainability development, Environmental elements, Social elements, Economical elements, Jordanian Manufacturing Shareholders Companies, Amman stock exchange (ASE), Financial report.
Conference Title
The Second International Conference - Business Dilemma: Green, Ethical and Performance Requirements, Jordan University.
Conference Country
Conference Date
May 27, 2014 - May 29, 2014
Conference Sponsor
الجامعة الاردنية - الاردن