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Determinants Of Mandatory Corporate Governance: Evidence From An Emerging Market

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  • Qasim M. Zureigat

Abstract

This study investigates whether listed companies in Jordan comply with mandatory governance rules and explores factors that affect the governance compliance level. A checklist was designed to construct a governance index for each of 128 Jordanian listed companies that disclose the necessary data to calculate the variables under study. The results indicate that on average Jordanian listed companies comply with mandatory governance rules. This compliance depends on some crucial variables. Company size, profitability, age as a listed company on the ASE, size of the auditor and type of industry significantly affect the compliance level

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  • Qasim M. Zureigat, 2015. "Determinants Of Mandatory Corporate Governance: Evidence From An Emerging Market," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 9(3), pages 105-114.
    • Handle: RePEc:ibf:ijbfre:v:9:y:2015:i:3:p:105-114
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    References listed on IDEAS

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    More about this item

    Keywords

    Corporate Governance; Audit; Emerging Market; Compliance; Jordanian Listed Companies;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • M48 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Government Policy and Regulation

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