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Journal of Environmental Accounting and Management
Dmitry Kovalevsky (editor), Jiazhong Zhang(editor)
Dmitry Kovalevsky (editor)

Climate Service Center Germany (GERICS), Helmholtz-Zentrum Hereon, Fischertwiete 1, 20095 Hamburg, Germany

Fax: +49 (0) 40 226338163 Email:

Jiazhong Zhang (editor)

School of Energy and Power Engineering, Xi'an Jiaotong University, Xi'an, Shaanxi Province 710049, China

Fax: +86 29 82668723 Email:

Accounting Conservatism and Ownership Structure Effect: A Look at Industrial and Financial Jordanian Listed Companies

Journal of Environmental Accounting and Management 5(2) (2017) 153--169 | DOI:10.5890/JEAM.2017.06.007

Amneh Alkurdi; Munther Al-Nimer; Mohammad Dabaghia

Accounting Department, Faculty of Economic and Administrative Science, Applied Science University, P.O. Box 166, Jordan-Amman, 11931.

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This study aims to examine the impact of ownership structure on the level of accounting conservatism in Jordan by using a sample of 99 manufacturing and financial companies listed on the Amman Stock Exchange between 2005 and 2013. On the one hand, ownership structure was measured by: foreign; governmental; institutional; and concentration of ownership. On the other hand, accounting conservatism was measured by accrual-based measures. This study used the Ordinary Least Square (OLS) method was as the multiple regression analysis. It was found that three of the independent variables were significant and one was not. The study’s findings show that there is an inverse effect of governmental ownership on accounting conservatism. In contrast, the study indicates a significant and positive relationship between foreign and institutional ownership with accounting conservatism but the concentration of ownership has no effect on the conservatism. Based on these results, this paper provides some insights for the extant literature in this field and, for interested parties, conveys some conservatism policy implications. In addition, this study opens up opportunities for more in-depth research related to the accounting conservatism.


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