Revista de la Academia de Contabilidad y Estudios Financieros

1528-2635

Abstracto

Corporate Governance Practices of Jordanian Banks: Assessing the Impact of Commitment on Bank Performances

Shamsi Bawaneh

The study aims to examine the impact of Corporate Governance (CG) practices in terms of commitment of the banks in Jordan. A cross-sectional study design was used following a quantitative paradigm. Data was collected through a survey based on a close-ended questionnaire. The collected data was analyzed using statistical package of social sciences. The sample of this study includes 200 employees from the publicly listed banks in the Amman Stock Exchange. The findings have depicted a substantial impact of commitment on bank performance concerning the application of corporate governance practices. Similar findings were achieved for the board of director’s functions, board committee, transparency, environment of internal control, shareholders treatment, and disclosure. The success of corporate governance in Jordanian banks requires the proper application of its rules, and this depends on the control of the Central Bank of Jordan (CBJ) and the banks’ management. It is concluded that two sets of CG rules are related to banks’ commitment to corporate governance.

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