Abstract
The current study seeks at inspecting the ownership structure’s impact on risk disclosure. A data collection obtained from 39 firms listed on the Amman Stock Exchange (ASE) is analyzed using content analysis of annual financial reports, as the current study is conducted over 5 years (2016–2020). The outcomes of the multiple linear regression analysis indicate that institutional ownership, administrative ownership, and foreign ownership have positively impacted the risk disclosure. Besides, family ownership has negatively impacted risk disclosure. On the other hand, the results reveal no significant impact of directors’ ownership and concentrated ownership on risk disclosure. It is worth mentioning that this study is applicable and gives much insight into the ownership structure’s role in improving the financial reports’ quality, alongside the risk disclosure’s significance in increasing stakeholders’ confidence in financial reports. In view of these findings, the efforts of regulators to develop further instructions and policies to ensure the reliability of the financial statements are encouraged.
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Makhlouf, M.H., Al-Ghosheh, D. (2023). The Impact of Ownership Structure on Risk Disclosure: Evidence from Jordan. In: Alareeni, B., Hamdan, A., Khamis, R., Khoury, R.E. (eds) Digitalisation: Opportunities and Challenges for Business. ICBT 2022. Lecture Notes in Networks and Systems, vol 621. Springer, Cham. https://doi.org/10.1007/978-3-031-26956-1_42
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