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Jordanian Evidence on the Capital Structure

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  • Imad Ramadan

Abstract

This study aims to identify the extent to which ownership structure and management efficiency affect capital structure in the Jordanian companies. The results show that the impact of institutional investors and the percentage of ownership of major shareholders are statistically significant and are among the determinants of the capital structure for the Jordanian companies. Also, the current study has concluded that the management efficiency has a statistically significant effect on capital structure of the Jordanian companies in general, and the return on total assets and return on equity are among the determinants of the capital structure for the Jordanian companies.

Suggested Citation

  • Imad Ramadan, 2016. "Jordanian Evidence on the Capital Structure," Modern Applied Science, Canadian Center of Science and Education, vol. 10(10), pages 208-208, October.
    • Handle: RePEc:ibn:masjnl:v:10:y:2016:i:10:p:208
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    File URL: https://ccsenet.org/journal/index.php/mas/article/download/59477/33178
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    References listed on IDEAS

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    1. Anderson, Ronald C. & Mansi, Sattar A. & Reeb, David M., 2003. "Founding family ownership and the agency cost of debt," Journal of Financial Economics, Elsevier, vol. 68(2), pages 263-285, May.
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    Cited by:

    1. Sadiq, Misbah & Yousaf, Sheikh Usman & Anser, Muhammad Khalid & Rashid Khan, Haroon ur & Sriyanto, Sriyanto & Zaman, Khalid & Van Tu, Duong & Anis, Siti Nisrin Mohd, 2023. "The role of debt financing in the relationship between capital structure, firm’s value, and macroeconomic factors: To throw caution to the wind," The Quarterly Review of Economics and Finance, Elsevier, vol. 87(C), pages 212-223.

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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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