This study aimed to identify the impact of corporate governance principles on the liquidity of the stock
market in the financial companies listed on Amman Stock Exchange (ASE) for the period from 2009 to 2013.
Corporate governance principles are represented by board size, board composition, CEO duality and black
holders.
To achieve the objective of the study, descriptive statistics, correlation analysis and multiple regression
analysis were used. The study sample includes (67) financial companies. The study results showed that most of
the corporate governance mechanisms contribute to the reduction of the liquidity cost for the financial Jordanian
public corporation.Based on the results of the study, several recommendations have been proposed the most
important is the need to study the optimum number of the members of the board of directors in line with the
company's strategy and practice associated with the element of liquidity and examine the ownership percentage
for block holders and its impact on liquidity.

Title

Zarqa Journal for Research and Studies in Humanities

Publisher

Zarqa Journal for Research and Studies in Humanities

Publisher Country

Jordan

Indexing

Scopus

Impact Factor

None

Publication Type

Both (Printed and Online)

Volume

16

Year

2016

Pages

293-316