How to cite this paper
Shatnawi, S., Marei, A., Daoud, L., Alkhodary, D & Shehadeh, M. (2022). Effectiveness of the board of directors' performance in Jordan: The moderating effect of enterprise risk management.International Journal of Data and Network Science, 6(3), 823-836.
Refrences
Alabdullah, T. T. Y. (2016). Are board size and ownership structure beneficial in emerging markets’ firms? Evidence from Jordan. International Journal of Management & Information Systems (IJMIS), 20(3), 87-94.
Abdullah, M., & Shukor, Z. A. (2017). The Comparative Moderating Effect of Risk Management Committee and Audit Committee on the Association Between Voluntary Risk Management Disclosure and Firm Performance. Journal Pen-gurusan (UKM Journal of Management), 51(2017), 159-172.
Adjaoud, F., Zeghal, D., &Andaleeb, S. (2007). The effect of the board's quality on performance: A study of Canadian firms. Corporate Governance: An International Review, 15(4), 623-635.
Agrawal, A., &Knoeber, C. (1996). Firm performance and mechanisms to control agency problems between managers and shareholders. Journal of Financial and Quantitative Analysis, 31(3), 377-398. http://dx.doi.org/10.2307/2331397.
Aguinis, H., Sturman, M. C., & Pierce, C. A. (2007). Comparison of Three Meta-Analytic Procedures for Estimating Mod-erating Effects of Categorical Variables. Organizational Research Methods, 11(1), 9-34.
Ahmed, I., & Manab, N. A. (2016). Moderating Role of Board Equity Ownership on the Relationship between Enterprise Risk Management Implementation and Firms Performance: A Proposed Model. International Journal of Management Research and Reviews, 6(1), 21.
Alkhazaleh, A. M. K., & Marei, A. (2021). WOULD IRREGULAR AUDITING IMPLEMENTS IMPACT THE QUALITY OF FINANCIAL REPORTS: CASE STUDY IN JORDAN PRACTICE. Journal of Management Information and Deci-sion Sciences, 24(6), 1-14.
Al-Adeem, K., & Al-Sogair, I. Y. (2019). Effectiveness of The Board of Directors in Monitoring Executive Management: Preliminary Evidence from Saudi Arabia. Journal of Governance and Regulation/Volume, 8(3).
Al-Akra, M., Jahangir Ali, M., & Marashdeh, O. (2009). Development of Accounting Regulation in Jordan. The Interna-tional Journal of Accounting, 44(2), 163-186.
Aldamen, H., Duncan, K., Kelly, S., McNamara, R., & Nagel, S. (2012). Audit committee characteristics and firm perfor-mance during the global financial crisis”. Accounting and Finance, 52 (4), 971-1000.
Alkhatib, K., & Al Bzour, A. E. (2011). Predicting Corporate Bankruptcy of Jordanian Listed Companies: Using Altman and Kida models. International Journal of Business and Management, 6(3), 208.
Al-Matari, E. M., Fadzil, B., & Al-Swidi, A. K. (2014). The Moderating Effect of Board Diversity on the Relationship be-tween Board of Directors Characteristics and Firm Performance in Oman: Empirical Study. Middle East Journal of Scientific Research, 21(5), 782-791.
AlQadasi, A., & Abidin, S. (2018). The effectiveness of internal corporate governance and audit quality, the role of own-ership concentration–Malaysian evidence. Corporate Governance, The International Journal of Business in Society, 18 (2), 233-253.
Alqudah, H. M., Amran, N. A., & Hassan, H. (2019). Factors affecting the internal auditors’ effectiveness in the Jordanian public sector. EuroMed Journal of Business,14(3), 251-273.
Amman Stock Exchange (ASE) (2018). Amman Stock Exchange, Retrieved from: http://www.ammanstockex.com.jo
Amrah, M. R., Hashim, H. A., & Ariff, A. M. (2015). The Moderating Effect of Family Control on the Relationship be-tween Board of Directors Effectiveness, and Cost of Debt: Evidence from Oman. International Journal of Economics, Management, and Accounting, 23(2), 217-239.
Anderson, R., & Reeb, D. (2004). Board Composition: Balancing Family Influence in S&P 500 Firms. Administrative Sci-ence, 49(2), 209-237.
Ang, J., Cole, R. and Lin, J. (2000) Agency costs and ownership structure. Journal of Finance, 55(1), 81–106.
Antia, M., Pantzalis, C., & Park, J. C. (2010). CEO Decision Horizon and Firm Performance: An Empirical Investigation. Journal of Corporate Finance. 16 (3), 288-301.
Aziz, N. N. A., & Samad, S. (2016). Innovation and Competitive Advantage: Moderating effects of Firm Age in Foods Manufacturing SMEs in Malaysia. Procedia Economics and Finance, 35(16), 256-266.
Baltagi, B. H. (2008). Econometric analysis of panel data (4 ed.): John Wiley & Sons, Ltd.
Beasley, M.S., Clune, R., & Hermanson, D.R. (2005). Enterprise Risk Management: An Empirical Analysis of Factors As-sociated with the Extent of Implementation. Journal of Accounting and Public Policy 24(6), 521–31.
Bennett, J. A. (2000). Focus on Research Methods Mediator and Moderator Variables in Nursing Research: Conceptual and Statistical Differences. Research in Nursing & Health, 23. 415-420.
Berg, B. L. (2004). Methods for the social sciences. Qualitative Research Methods for the Social Sciences. Boston, Pear-son Education.
Bosse, D. A., & Phillips, R. A. (2016). Agency Theory and Bounded Self-Interest. Academy of Management Review, 41(2), 276-297.
Bryman, A. (2016). Social Research Methods: Oxford university press.
Cho, M. H. (1998). Ownership structure, investment, and corporate value: An empirical analysis. Journal of Financial Economics, 47(1), 103–121.
Claessens, S. (2006). Corporate Governance and Development. The World Bank Research Observer, 21(1), 91-122.
Committee of Sponsoring Organizations of the Treadway Commission (COSO), 2004, Executive Summary Enterprise Risk Management − Integrated Framework, AICPA, New York.
Dabari, I. J., & Saidin, S. Z. (2016). A Moderating Role of Board Characteristics on Enterprise Risk Management Imple-mentation: Evidence from the Nigerian Banking Sector. International Journal of Economics and Financial Issues, 6(S4), 96-103.
Dakhlallh, M. M., Rashid, N. M. N. M., Abdullah, W. A. W., & Dakhlallh, A. M. (2019). The Effect of Ownership Struc-ture on Firm Performance among Jordanian Public Shareholders Companies: Board Independence as a Moderating Variable.
Darko, J., Aribi, Z. A., Uzonwanne, G. C., Eweje, G., &Eweje, G. (2016). Corporate Governance: The Impact of Director and Board Structure, Ownership Structure, and Corporate Control on the Performance of Listed Companies on the Ghana Stock Exchange. Corporate Governance: The International Journal of Business in Society,16 (2).
Deng, T. (2019). Literature Review on the Independence and Effectiveness of Independent Directors. Open Journal of Business and Management, 7(2), 1063-1071.
Dogan, M., Elitas, B. L., Agca, V., & Ögel, S. (2013). The impact of CEO duality on firm performance: evidence from turkey. International Journal of Business and Social Science, 4(2), 149- 155.
Doran, J., & Ryan, G. (2016). The importance of drivers and types of environmental innovation for firm performance. Business strategy and the environment, 25(2), 102-119.
Du, K. (2018).The impact of multi-channel and multi-product strategies on firms' risk-return performance. Decision Sup-port Systems, 109, 27-38.
Eldaia, M., Hanefah, M. B. M., Marzuki, A. B., & Shatnawi, S. (2020). Moderating Role of Shariah Committee Quality on the Relationship between Audit Committee and Malaysian Takaful Performance: A Literature Review. International Journal of Islamic Economics (IJIE), 2(01), 19-38.
El-Faitouri, R. (2014). Board of Directors and Tobin’s Q: Evidence from UK Firms. Journal of Finance and Accounting, 2(4), 82-99.
Erhardt, N. L., Werbel, J. D., & Shrader, C. B. (2003). Board of Directors Diversity and Firm Financial Performance. Cor-porate Governance: An International Review, 11(2), 102-111.
Falatifah, M., & Hermawan, A. A. (2019). Board of directors’ effectiveness, audit committee effectiveness, and cost of equity: Role of voluntary integrated reporting. In 32nd International Business Information Management Association Conference, IBIMA 2018 (pp. 7156-7183).
Francis, B. B., Hasan, I., & Wu, Q. (2012). Do Corporate Boards Affect Firm Performance? New Evidence from the Fi-nancial Crisis. New Evidence from the Financial Crisis (April 12, 2012). Bank of Finland Research Discussion Paper (11).
Gani, L., & Jermias, J. (2006). Investigating the Effect of Board Independence on Performance across Different Strategies. The International Journal of Accounting, 41 (3), 295-314.
Guizani, M. (2013). The Moderating Effect of Large Shareholders on Board Structure–Firm Performance Relationship: An Agency Perspective. Journal of Poverty, Investment and Development, 2, 64-73.
Guo, L. (2011). The Moderating Impact of Directors’ Demographic Characteristics on the Relationship between Corpo-rate Governance and Firm Performance in China’s Listed Companies. (Doctoral dissertation, Lincoln University).
Hair Jr, J. F., Hult, G. T. M., Ringle, C., & Sarstedt, M. (2016). A primer on partial least squares structural equation mod-eling (PLS-SEM). Sage Publications.
Hair, J. F., Black, W. C., Babin, B. J., Anderson, R. E., & Tatham, R. L. (2009). Análise multivariada de dados. Bookman Editora.
Hartmanna, F. G. H., & Moers, F. (2003). Testing Contingency Hypotheses in Budgetary Research Using Moderated Re-gression Analysis, A Second Look. Accounting, Organizations and Society, 28, 803-809.
Hashim, H. A., & Amrah, M. (2016). Corporate Governance Mechanisms and Cost of Debt: Evidence of Family and Non-Family Firms in Oman. Managerial Auditing Journal, 31(3), 314-336.
Ishak, Z., & Al-Ebel, A. (2013). Board of Directors, Information Asymmetry, and Intellectual Capital Disclosure among Banks in Gulf Co- Operation Council. Journal Pengurusan, 37 (2013), 33-43.
Jaafar, A., & El-Shawa, M. (2009). Ownership concentration, board characteristics and performance: evidence from Jor-dan. Research in accounting in emerging economies, 9, 73-95.
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Adjaoud, F., Zeghal, D., &Andaleeb, S. (2007). The effect of the board's quality on performance: A study of Canadian firms. Corporate Governance: An International Review, 15(4), 623-635.
Agrawal, A., &Knoeber, C. (1996). Firm performance and mechanisms to control agency problems between managers and shareholders. Journal of Financial and Quantitative Analysis, 31(3), 377-398. http://dx.doi.org/10.2307/2331397.
Aguinis, H., Sturman, M. C., & Pierce, C. A. (2007). Comparison of Three Meta-Analytic Procedures for Estimating Mod-erating Effects of Categorical Variables. Organizational Research Methods, 11(1), 9-34.
Ahmed, I., & Manab, N. A. (2016). Moderating Role of Board Equity Ownership on the Relationship between Enterprise Risk Management Implementation and Firms Performance: A Proposed Model. International Journal of Management Research and Reviews, 6(1), 21.
Alkhazaleh, A. M. K., & Marei, A. (2021). WOULD IRREGULAR AUDITING IMPLEMENTS IMPACT THE QUALITY OF FINANCIAL REPORTS: CASE STUDY IN JORDAN PRACTICE. Journal of Management Information and Deci-sion Sciences, 24(6), 1-14.
Al-Adeem, K., & Al-Sogair, I. Y. (2019). Effectiveness of The Board of Directors in Monitoring Executive Management: Preliminary Evidence from Saudi Arabia. Journal of Governance and Regulation/Volume, 8(3).
Al-Akra, M., Jahangir Ali, M., & Marashdeh, O. (2009). Development of Accounting Regulation in Jordan. The Interna-tional Journal of Accounting, 44(2), 163-186.
Aldamen, H., Duncan, K., Kelly, S., McNamara, R., & Nagel, S. (2012). Audit committee characteristics and firm perfor-mance during the global financial crisis”. Accounting and Finance, 52 (4), 971-1000.
Alkhatib, K., & Al Bzour, A. E. (2011). Predicting Corporate Bankruptcy of Jordanian Listed Companies: Using Altman and Kida models. International Journal of Business and Management, 6(3), 208.
Al-Matari, E. M., Fadzil, B., & Al-Swidi, A. K. (2014). The Moderating Effect of Board Diversity on the Relationship be-tween Board of Directors Characteristics and Firm Performance in Oman: Empirical Study. Middle East Journal of Scientific Research, 21(5), 782-791.
AlQadasi, A., & Abidin, S. (2018). The effectiveness of internal corporate governance and audit quality, the role of own-ership concentration–Malaysian evidence. Corporate Governance, The International Journal of Business in Society, 18 (2), 233-253.
Alqudah, H. M., Amran, N. A., & Hassan, H. (2019). Factors affecting the internal auditors’ effectiveness in the Jordanian public sector. EuroMed Journal of Business,14(3), 251-273.
Amman Stock Exchange (ASE) (2018). Amman Stock Exchange, Retrieved from: http://www.ammanstockex.com.jo
Amrah, M. R., Hashim, H. A., & Ariff, A. M. (2015). The Moderating Effect of Family Control on the Relationship be-tween Board of Directors Effectiveness, and Cost of Debt: Evidence from Oman. International Journal of Economics, Management, and Accounting, 23(2), 217-239.
Anderson, R., & Reeb, D. (2004). Board Composition: Balancing Family Influence in S&P 500 Firms. Administrative Sci-ence, 49(2), 209-237.
Ang, J., Cole, R. and Lin, J. (2000) Agency costs and ownership structure. Journal of Finance, 55(1), 81–106.
Antia, M., Pantzalis, C., & Park, J. C. (2010). CEO Decision Horizon and Firm Performance: An Empirical Investigation. Journal of Corporate Finance. 16 (3), 288-301.
Aziz, N. N. A., & Samad, S. (2016). Innovation and Competitive Advantage: Moderating effects of Firm Age in Foods Manufacturing SMEs in Malaysia. Procedia Economics and Finance, 35(16), 256-266.
Baltagi, B. H. (2008). Econometric analysis of panel data (4 ed.): John Wiley & Sons, Ltd.
Beasley, M.S., Clune, R., & Hermanson, D.R. (2005). Enterprise Risk Management: An Empirical Analysis of Factors As-sociated with the Extent of Implementation. Journal of Accounting and Public Policy 24(6), 521–31.
Bennett, J. A. (2000). Focus on Research Methods Mediator and Moderator Variables in Nursing Research: Conceptual and Statistical Differences. Research in Nursing & Health, 23. 415-420.
Berg, B. L. (2004). Methods for the social sciences. Qualitative Research Methods for the Social Sciences. Boston, Pear-son Education.
Bosse, D. A., & Phillips, R. A. (2016). Agency Theory and Bounded Self-Interest. Academy of Management Review, 41(2), 276-297.
Bryman, A. (2016). Social Research Methods: Oxford university press.
Cho, M. H. (1998). Ownership structure, investment, and corporate value: An empirical analysis. Journal of Financial Economics, 47(1), 103–121.
Claessens, S. (2006). Corporate Governance and Development. The World Bank Research Observer, 21(1), 91-122.
Committee of Sponsoring Organizations of the Treadway Commission (COSO), 2004, Executive Summary Enterprise Risk Management − Integrated Framework, AICPA, New York.
Dabari, I. J., & Saidin, S. Z. (2016). A Moderating Role of Board Characteristics on Enterprise Risk Management Imple-mentation: Evidence from the Nigerian Banking Sector. International Journal of Economics and Financial Issues, 6(S4), 96-103.
Dakhlallh, M. M., Rashid, N. M. N. M., Abdullah, W. A. W., & Dakhlallh, A. M. (2019). The Effect of Ownership Struc-ture on Firm Performance among Jordanian Public Shareholders Companies: Board Independence as a Moderating Variable.
Darko, J., Aribi, Z. A., Uzonwanne, G. C., Eweje, G., &Eweje, G. (2016). Corporate Governance: The Impact of Director and Board Structure, Ownership Structure, and Corporate Control on the Performance of Listed Companies on the Ghana Stock Exchange. Corporate Governance: The International Journal of Business in Society,16 (2).
Deng, T. (2019). Literature Review on the Independence and Effectiveness of Independent Directors. Open Journal of Business and Management, 7(2), 1063-1071.
Dogan, M., Elitas, B. L., Agca, V., & Ögel, S. (2013). The impact of CEO duality on firm performance: evidence from turkey. International Journal of Business and Social Science, 4(2), 149- 155.
Doran, J., & Ryan, G. (2016). The importance of drivers and types of environmental innovation for firm performance. Business strategy and the environment, 25(2), 102-119.
Du, K. (2018).The impact of multi-channel and multi-product strategies on firms' risk-return performance. Decision Sup-port Systems, 109, 27-38.
Eldaia, M., Hanefah, M. B. M., Marzuki, A. B., & Shatnawi, S. (2020). Moderating Role of Shariah Committee Quality on the Relationship between Audit Committee and Malaysian Takaful Performance: A Literature Review. International Journal of Islamic Economics (IJIE), 2(01), 19-38.
El-Faitouri, R. (2014). Board of Directors and Tobin’s Q: Evidence from UK Firms. Journal of Finance and Accounting, 2(4), 82-99.
Erhardt, N. L., Werbel, J. D., & Shrader, C. B. (2003). Board of Directors Diversity and Firm Financial Performance. Cor-porate Governance: An International Review, 11(2), 102-111.
Falatifah, M., & Hermawan, A. A. (2019). Board of directors’ effectiveness, audit committee effectiveness, and cost of equity: Role of voluntary integrated reporting. In 32nd International Business Information Management Association Conference, IBIMA 2018 (pp. 7156-7183).
Francis, B. B., Hasan, I., & Wu, Q. (2012). Do Corporate Boards Affect Firm Performance? New Evidence from the Fi-nancial Crisis. New Evidence from the Financial Crisis (April 12, 2012). Bank of Finland Research Discussion Paper (11).
Gani, L., & Jermias, J. (2006). Investigating the Effect of Board Independence on Performance across Different Strategies. The International Journal of Accounting, 41 (3), 295-314.
Guizani, M. (2013). The Moderating Effect of Large Shareholders on Board Structure–Firm Performance Relationship: An Agency Perspective. Journal of Poverty, Investment and Development, 2, 64-73.
Guo, L. (2011). The Moderating Impact of Directors’ Demographic Characteristics on the Relationship between Corpo-rate Governance and Firm Performance in China’s Listed Companies. (Doctoral dissertation, Lincoln University).
Hair Jr, J. F., Hult, G. T. M., Ringle, C., & Sarstedt, M. (2016). A primer on partial least squares structural equation mod-eling (PLS-SEM). Sage Publications.
Hair, J. F., Black, W. C., Babin, B. J., Anderson, R. E., & Tatham, R. L. (2009). Análise multivariada de dados. Bookman Editora.
Hartmanna, F. G. H., & Moers, F. (2003). Testing Contingency Hypotheses in Budgetary Research Using Moderated Re-gression Analysis, A Second Look. Accounting, Organizations and Society, 28, 803-809.
Hashim, H. A., & Amrah, M. (2016). Corporate Governance Mechanisms and Cost of Debt: Evidence of Family and Non-Family Firms in Oman. Managerial Auditing Journal, 31(3), 314-336.
Ishak, Z., & Al-Ebel, A. (2013). Board of Directors, Information Asymmetry, and Intellectual Capital Disclosure among Banks in Gulf Co- Operation Council. Journal Pengurusan, 37 (2013), 33-43.
Jaafar, A., & El-Shawa, M. (2009). Ownership concentration, board characteristics and performance: evidence from Jor-dan. Research in accounting in emerging economies, 9, 73-95.
JCGC. (2008). Jordanian Corporate Governance Code. Jordan security commission http://jsc.gov.jo/library/634365426651890968.pdf.accessed: 3 February 2015.
Jensen, M. C., & Meckling, W. H. (1979). Theory of the firm: Managerial behavior, agency costs, and ownership struc-ture. In Economics social institutions (pp. 163-231). Springer, Dordrecht
Johl, S. K., Johl, S. K., Subramaniam, N., & Cooper, B. (2013). Internal Audit Function, Board Quality and Financial Re-porting Quality, Evidence from Malaysia. Managerial Auditing Journal, 28 (9),.780-814.
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