Economics at your fingertips  


Faris Nasif AL-Shubiri ()
Additional contact information
Faris Nasif AL-Shubiri: Amman Arab University Jordan , Faculty of Business - Department of Finance and Banking

Authors registered in the RePEc Author Service: faris nasif ALShubiri

Polish Journal of Management Studies, 2013, vol. 8, issue 1, 7-15

Abstract: Financial markets plays a vital role in the Jordanian economy organizes its operations in a changing environment, which is working on the transfer of local resources through productive channels next to foreign investment. The goal of this study is to analysis the relationship between economic variables and abnormal returns in Amman stock exchange. This paper used the data of variables such as 50 industrial firms with the period from 2004 to 2012. The results indicate that the, consumer price index , gross fixed capital formation and money supply on index abnormal stock returns is statistically significant and no significant industrial production index and money market interest rate Index and Abnormal returns. The researcher recommends attention to economic variables of the fiscal and monetary policy in the Jordanian economy, which is characterized as a fast-growing so that must be the continuous analysis of market factors and determine the impact on abnormal returns for the shares of companies which strengthens the competitive position of companies in the market.

Keywords: Economic Forces, Abnormal Stock Return, Stock Market; Emerging Markets (Jordan) (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) ... pirical-evidence.pdf (application/pdf) ... irical-evidence.html (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in Polish Journal of Management Studies from Czestochowa Technical University, Department of Management Contact information at EDIRC.
Bibliographic data for series maintained by Paula Bajdor ().

Page updated 2023-03-26
Handle: RePEc:pcz:journl:v:8:y:2013:i:1:p:7-15