ANALYSIS ON FINANCIAL PERFORMANCE OF JORDANIAN FINANCE

Abstract

This paper explores how Jordanian production companies' financial performance is affected. The
secondary data was compiled in the Annual Publication 'Financial Statement Analysis' on Amman Stock
Exchange for the 2005-2015 timeframe. Data have been gathered from industry's financial statements, i.e.
the financial statements and the revenue reports published on www.ase.com. Methods for estimating
robust default mistakes, Pooled OLS, have been employed. With Heteroscedasticity and Serial
Correlation, random effect techniques were applied. Empirical data have shown that liquidity and
leverage are critical to performance, The perforce of the Amman Stock Exchange is therefore not affected
by risk, macrosecurity and non-economic issues. The data show that the most important determination of
financial performance is corporate variables (company characteristics). So it is possible to achieve sound
financial performance by addressing specific firm variables