Effect of Cash Flows on the Market Value of Jordanian Industrial Companies Stocks

Mohammad Husam Odeh, Fadi Mohammed Alshannag, Bilal Eneizan*, Munawer Frieh Haddad and Hebah Zaki Makhamreh
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Mohammad Husam Odeh: Faculty of economics and business, Jadara University, Jordan
Fadi Mohammed Alshannag: Faculty of economics and business, Jadara University, Jordan
Bilal Eneizan*: Faculty of economics and business, Jadara University, Jordan
Munawer Frieh Haddad: Faculty of economics and business, Jadara University, Jordan
Hebah Zaki Makhamreh: Faculty of economics and business, Jadara University, Jordan

The Journal of Social Sciences Research, 2018, 821-826 Special Issue: 5

Abstract: The current study aims to assess the effect of cash flows of activities (operational, investment and financial) on market values in industrial companies stocks. The study adopted secondary sources for data collection from the annual reports of Jordanian industrial companies (52 companies) for the period 2007-2016. Furthermore, the study followed the descriptive analytical approach for data analysis in addition to utilizing the Gretle Stata model to test hypotheses. Results indicated a positive statistically significant effect for each of operational and investment activities on market value of industrial companies, while there was a negative relationship between financial activities and market value of industrial companies.Â

Keywords: Cash flows; Market value; Industrial companies stocks; Jordan. (search for similar items in EconPapers)
Date: 2018
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