数据和处理方法[外文翻译].docVIP

外文题目： Ownership Structure and Corporate Performance in The Jordanian Manufacturing Companies 出 处： Jordan Journal of Business Administration 作者：Jamal Abu-Serdaneh,Majdy I·Zuriekat,Imad Al-Sheikh 原文： DATA AND METHODOLOGY Sample This study represents a sample consisting of all Jordanian manufacturing companies traded in Amman Stock Exchange (ASE)．A five year panel data are compiled out of ownership information and financial statements of these companies between 2002 and 2006． However，the data from some companies were unavailable in some years because of liquidation，merger, or the establishment of new companies; such companies have been eliminated from the sample set．The total number of companies analyzed is 56 and the total number of observations added up to 280． This study uses an average for each company over five years (2002-2006) in order to reduce the effects of temporary shocks on the measurement of performance and to examine the equilibrium relationship in the data． Variables and Measurements To examine the effect of ownership structure on the performance of Jordanian manufacturing companies，it is assumed that firms performance depends on a number of explanatory variables，ownership structure， dimensions，and other firm characteristics． Performance Variable The main objective of this study is to investigate the impact of ownership and other control variables on the Jordanian manufacturing companies，which means considering company’s performance as the dependent variable． The literature employs a number of different measures of firm performance．These measures include：1) financial ratio from balance sheet and income statement；2) Tobin’s Q；3) financial ratios and Tobin’s Q． Ownership Structure Variables Most of the prior empirical studies used only one dimension of ownership structure，which is proposed to be one of the reasons for producing conflicting results. This study draws a picture of ownership structure in Jordan across the time using mult