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The Factors Affecting the Use of Financial Derivatives' Instruments An Applied Study on the Jordanian Commercial Banking Sector

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  • Zaher Abdel Fattah Al-Slehat
  • Bader Mustafa Al-Sharif
  • Amjad Qwader

Abstract

Purpose- The study aims at identifying the factors affecting the use of instruments of financial derivatives such as (administrative factors, financial and accounting factors, and legal factors) in the Jordanian commercial banking sector. To achieve the objective of the study, a questionnaire was distributed to the financial managers of the sample under examination and analysis, in addition to finding the descriptive variables, correlations and regression through using the SPSS and E-views software. The study adopted the analytical descriptive approach. A questionnaire was designed and distributed to a number of directors and heads of sections of commercial banks of Jordan, which their number reached 13 banks. One of the most important findings of the study is that there is an impact of each of the administrative, financial, accounting and legal factors on the use of the financial derivatives' instruments.

Suggested Citation

  • Zaher Abdel Fattah Al-Slehat & Bader Mustafa Al-Sharif & Amjad Qwader, 2018. "The Factors Affecting the Use of Financial Derivatives' Instruments An Applied Study on the Jordanian Commercial Banking Sector," Accounting and Finance Research, Sciedu Press, vol. 7(3), pages 1-67, August.
    • Handle: RePEc:jfr:afr111:v:7:y:2018:i:3:p:67
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    References listed on IDEAS

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    1. Bartram, Söhnke M. & Brown, Gregory W. & Conrad, Jennifer, 2011. "The Effects of Derivatives on Firm Risk and Value," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 46(4), pages 967-999, August.
    2. Suparna Nandy (Pal) & Arup Kr. Chattopadhyay, 2014. "Impact of Introducing Different Financial Derivative Instruments in India on Its Stock Market Volatility," Paradigm, , vol. 18(2), pages 135-153, December.
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    JEL classification:

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

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