Universal Journal of Accounting and Finance Vol. 7(1), pp. 11 - 27
DOI: 10.13189/ujaf.2019.070102
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Estimating the Indicators of Financial Development and Their Impact on Financial Indicators of the Main Sectors in Amman Stock Exchange during the Period [2000-2016]


Ateyah Mohammad Alawneh *
Department of Business Economics, Faculty of Business Administration, Tafila Technical University, Jordan

ABSTRACT

The study aims at estimating the indicators of financial development and their impact on financial indicators of the main sectors in Amman Stock Exchange. The study found that there is no statistically significant impact among the following indicators of financial development [total private credit on Gross domestic product [GDP] and total deposits to GDP], the main sector indices [insurance sector index, services sector index, banking sector index, industry sector index, and general index of Amman Stock Exchange], While the analysis revealed a positive statistically significant effect between the index of financial development [the ratio of the value of shares traded in the financial market to GDP] and the main sectors indicators [insurance sector index, service sector index, banking sector index, industry sector index, and general index of Amman Stock Exchange]. However, the analysis revealed a negative statistically significant impact between the index of financial development liquidity index (LMI) and the main sectors indicators. There was also a significant negative impact between the index of financial development total Monetary index (TMI) and the indicators of the main sectors accept the insurance sector index.

KEYWORDS
Financial Market Indicators, Financial Development, Financial Market, Financial Indicators of the Main Sectors

Cite This Paper in IEEE or APA Citation Styles
(a). IEEE Format:
[1] Ateyah Mohammad Alawneh , "Estimating the Indicators of Financial Development and Their Impact on Financial Indicators of the Main Sectors in Amman Stock Exchange during the Period [2000-2016]," Universal Journal of Accounting and Finance, Vol. 7, No. 1, pp. 11 - 27, 2019. DOI: 10.13189/ujaf.2019.070102.

(b). APA Format:
Ateyah Mohammad Alawneh (2019). Estimating the Indicators of Financial Development and Their Impact on Financial Indicators of the Main Sectors in Amman Stock Exchange during the Period [2000-2016]. Universal Journal of Accounting and Finance, 7(1), 11 - 27. DOI: 10.13189/ujaf.2019.070102.