THE FINANCING CHOICE OF LISTED AND NON-LISTED FIRMS IN JORDAN: DOES MORE VISIBILITY MAKE A DIFFERENCE?

Volume: 4 Number: 3 September 29, 2015
  • Bashar Abu Khalaf
  • Ghassan Omet
  • Majed Shami
  • Adel Bino
Journal of Business Economics and Finance Cover
Journal of Business Economics and Finance
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THE FINANCING CHOICE OF LISTED AND NON-LISTED FIRMS IN JORDAN: DOES MORE VISIBILITY MAKE A DIFFERENCE?

Abstract

It is common knowledge that growing firms constantly look for new capital. This is why, going public is one way forward. Firms that seek stock exchange listing realize a number of advantages. An initial public offering (IPO) creates greater public awareness of the firm’s products and services. In addition, such firms can improve their debt to equity ratio and as a result, reduce their cost of capital. In view of the benefits of listing, this paper examines the capital structure of listed and non-listed Jordanian non-financial firms. Based on the time period 2008-2011, and a total of 62 listed and 30 non-listed firms, the results indicate that the leverage ratio of listed Jordanian firms is significantly lower than their listed counterparts. Also,it is interesting to note that while the extent of the impact (negative) of profitability on leverage is more apparent in the case of the non-listed firms. The asset structure of assets is a significant determining factor of leverage in the case of non-listed firms only.

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Bashar Abu Khalaf This is me

Ghassan Omet This is me

Majed Shami This is me

Adel Bino This is me

Publication Date

September 29, 2015

Submission Date

November 8, 2015

Acceptance Date

-

Published in Issue

Year 2015 Volume: 4 Number: 3

DOI

https://doi.org/10.17261/Pressacademia.2015313059

IZ

https://izlik.org/JA54BG97HE

Cite

RIS / Bibtex
APA
Khalaf, B. A., Omet, G., Shami, M., & Bino, A. (2015). THE FINANCING CHOICE OF LISTED AND NON-LISTED FIRMS IN JORDAN: DOES MORE VISIBILITY MAKE A DIFFERENCE? Journal of Business Economics and Finance, 4(3). https://doi.org/10.17261/Pressacademia.2015313059
AMA
1.Khalaf BA, Omet G, Shami M, Bino A. THE FINANCING CHOICE OF LISTED AND NON-LISTED FIRMS IN JORDAN: DOES MORE VISIBILITY MAKE A DIFFERENCE? JBEF. 2015;4(3). doi:10.17261/Pressacademia.2015313059
Chicago
Khalaf, Bashar Abu, Ghassan Omet, Majed Shami, and Adel Bino. 2015. “THE FINANCING CHOICE OF LISTED AND NON-LISTED FIRMS IN JORDAN: DOES MORE VISIBILITY MAKE A DIFFERENCE?”. Journal of Business Economics and Finance 4 (3). https://doi.org/10.17261/Pressacademia.2015313059.
EndNote
Khalaf BA, Omet G, Shami M, Bino A (November 1, 2015) THE FINANCING CHOICE OF LISTED AND NON-LISTED FIRMS IN JORDAN: DOES MORE VISIBILITY MAKE A DIFFERENCE? Journal of Business Economics and Finance 4 3
IEEE
[1]B. A. Khalaf, G. Omet, M. Shami, and A. Bino, “THE FINANCING CHOICE OF LISTED AND NON-LISTED FIRMS IN JORDAN: DOES MORE VISIBILITY MAKE A DIFFERENCE?”, JBEF, vol. 4, no. 3, Nov. 2015, doi: 10.17261/Pressacademia.2015313059.
ISNAD
Khalaf, Bashar Abu - Omet, Ghassan - Shami, Majed - Bino, Adel. “THE FINANCING CHOICE OF LISTED AND NON-LISTED FIRMS IN JORDAN: DOES MORE VISIBILITY MAKE A DIFFERENCE?”. Journal of Business Economics and Finance 4/3 (November 1, 2015). https://doi.org/10.17261/Pressacademia.2015313059.
JAMA
1.Khalaf BA, Omet G, Shami M, Bino A. THE FINANCING CHOICE OF LISTED AND NON-LISTED FIRMS IN JORDAN: DOES MORE VISIBILITY MAKE A DIFFERENCE? JBEF. 2015;4. doi:10.17261/Pressacademia.2015313059.
MLA
Khalaf, Bashar Abu, et al. “THE FINANCING CHOICE OF LISTED AND NON-LISTED FIRMS IN JORDAN: DOES MORE VISIBILITY MAKE A DIFFERENCE?”. Journal of Business Economics and Finance, vol. 4, no. 3, Nov. 2015, doi:10.17261/Pressacademia.2015313059.
Vancouver
1.Bashar Abu Khalaf, Ghassan Omet, Majed Shami, Adel Bino. THE FINANCING CHOICE OF LISTED AND NON-LISTED FIRMS IN JORDAN: DOES MORE VISIBILITY MAKE A DIFFERENCE? JBEF. 2015 Nov. 1;4(3). doi:10.17261/Pressacademia.2015313059

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