The impact of ownership structure and family board domination on voluntary disclosure for Jordanian listed companies

Abstract This study investigates the impact of ownership structure and family board domination on voluntary disclosure for Jordanian listed companies. Ownership structure is characterised by government ownership, outside ownership, managerial ownership and number of shareholders. This study is based...

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محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Haddad, Ayman (author)
مؤلفون آخرون: AlShattarat, Wasim (author), Abu-Ghazaleh, Naser (author)
منشور في: 2015
الوصول للمادة أونلاين:https://dspace.auk.edu.kw/handle/11675/7677
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author Haddad, Ayman
author2 AlShattarat, Wasim
Abu-Ghazaleh, Naser
author2_role author
author
author_facet Haddad, Ayman
AlShattarat, Wasim
Abu-Ghazaleh, Naser
author_role author
dc.creator.none.fl_str_mv Haddad, Ayman
AlShattarat, Wasim
Abu-Ghazaleh, Naser
dc.date.none.fl_str_mv 2015
2021-11-04T11:28:08Z
2021-11-04T11:28:08Z
dc.identifier.none.fl_str_mv 10.1007/s40821-015-0021-5
1309-4297
https://dspace.auk.edu.kw/handle/11675/7677
dc.relation.none.fl_str_mv Eurasian Business Review
dc.title.none.fl_str_mv The impact of ownership structure and family board domination on voluntary disclosure for Jordanian listed companies
dc.type.none.fl_str_mv Journal Article
Peer-Reviewed
info:eu-repo/semantics/publishedVersion
description Abstract This study investigates the impact of ownership structure and family board domination on voluntary disclosure for Jordanian listed companies. Ownership structure is characterised by government ownership, outside ownership, managerial ownership and number of shareholders. This study is based on a crosssectional examination of the effect of corporate ownership structure and family domination on voluntary disclosure after controlling other variables for 57 nonfinancial Jordanian companies listed on the Amman Stock Exchange. The multiple regression results show that the extent of voluntary disclosure is positively associated with government ownership and negatively associated with the proportion of shares held by management. Furthermore, we show that family domination is a significant factor in explaining variations in voluntary disclosure. We conclude that government ownership can help to promote transparency, but it has not yet eliminated the influence of management and the family control of boards on disclosure. However, outside ownership and number of shareholders are not associated with voluntary disclosure.
id AUKR_6d825e412624d1bb91ef770f3d1541c8
identifier_str_mv 10.1007/s40821-015-0021-5
1309-4297
network_acronym_str AUKR
network_name_str AU Kuwait Rep
oai_identifier_str oai:dspace.auk.edu.kw:11675/7677
publishDate 2015
repository.mail.fl_str_mv
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spelling The impact of ownership structure and family board domination on voluntary disclosure for Jordanian listed companiesHaddad, AymanAlShattarat, WasimAbu-Ghazaleh, NaserAbstract This study investigates the impact of ownership structure and family board domination on voluntary disclosure for Jordanian listed companies. Ownership structure is characterised by government ownership, outside ownership, managerial ownership and number of shareholders. This study is based on a crosssectional examination of the effect of corporate ownership structure and family domination on voluntary disclosure after controlling other variables for 57 nonfinancial Jordanian companies listed on the Amman Stock Exchange. The multiple regression results show that the extent of voluntary disclosure is positively associated with government ownership and negatively associated with the proportion of shares held by management. Furthermore, we show that family domination is a significant factor in explaining variations in voluntary disclosure. We conclude that government ownership can help to promote transparency, but it has not yet eliminated the influence of management and the family control of boards on disclosure. However, outside ownership and number of shareholders are not associated with voluntary disclosure.2021-11-04T11:28:08Z2021-11-04T11:28:08Z2015Journal ArticlePeer-Reviewedinfo:eu-repo/semantics/publishedVersion10.1007/s40821-015-0021-51309-4297https://dspace.auk.edu.kw/handle/11675/7677Eurasian Business Reviewoai:dspace.auk.edu.kw:11675/76772023-08-13T06:20:01Z
spellingShingle The impact of ownership structure and family board domination on voluntary disclosure for Jordanian listed companies
Haddad, Ayman
status_str publishedVersion
title The impact of ownership structure and family board domination on voluntary disclosure for Jordanian listed companies
title_full The impact of ownership structure and family board domination on voluntary disclosure for Jordanian listed companies
title_fullStr The impact of ownership structure and family board domination on voluntary disclosure for Jordanian listed companies
title_full_unstemmed The impact of ownership structure and family board domination on voluntary disclosure for Jordanian listed companies
title_short The impact of ownership structure and family board domination on voluntary disclosure for Jordanian listed companies
title_sort The impact of ownership structure and family board domination on voluntary disclosure for Jordanian listed companies
url https://dspace.auk.edu.kw/handle/11675/7677