The Impact Of Application Principles Of Corporate Governance On The Share Price Of The Banks Listed On The Damascus Stock Exchange

Authors

  • Nouhad Nader Tishreen University
  • Siba Jdeed Tishreen University

Abstract

This study aimed to test the effect of applying the principles of corporate governance on the share price, to find out the importance of governance in relation to the share price, as the researcher relied on testing nine principles approved by the Syrian Securities Commission, and carried out a comprehensive study of all banks listed on the Damascus Stock Exchange, and was adopted in This is based on the analytical deductive approach for the period extending from 2010 to 2018, and the most important findings of the researcher are that there is an impact (ownership of the largest shareholder, ownership of legal shareholders, dividend policy, capital increase) while there is no effect ( Due to the existence of a special section for shareholder relations), on the share price of the banks listed on the Damascus Stock Exchange, meaning that most of the principles of corporate governance had an effect, so the researcher recommended through This study indicates that banks should adhere to the policy of dividend distribution and increasing capital, in addition to increasing the importance of forming audit committees and for all of their members to be independent, and for banks to seek not to exceed the percentage of legal shareholders, Also, it does not necessarily adhere to the percentage established by the principles of corporate governance regarding ownership of the largest shareholder.

 

Author Biographies

Nouhad Nader, Tishreen University

Professor,Faculty Of Economic

Siba Jdeed, Tishreen University

 Postgraduate Student,Faculty Of Economic

Downloads

Published

2021-03-10

How to Cite

نادر . ن. . ., & جديد ص. . . . . (2021). The Impact Of Application Principles Of Corporate Governance On The Share Price Of The Banks Listed On The Damascus Stock Exchange. Tishreen University Journal- Economic and Legal Sciences Series, 42(6). Retrieved from https://journal.tishreen.edu.sy/index.php/econlaw/article/view/10439

Issue

Vol. 42 No. 6 (2020): Tishreen University Journal for Research and Scientific Studies - Economic and Legal Sciences Series

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

  • The authors retain the copyright and grant the right to publish in the magazine for the first time with the transfer of the commercial right to Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences

     Under a CC BY- NC-SA 04 license that allows others to share the work with of the work's authorship and initial publication in this journal. Authors can use a copy of their articles in their scientific activity, and on their scientific websites, provided that the place of publication is indicted in  Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences   .  The Readers have the right to send, print and subscribe to the initial version of the article, and the title of Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences Publisher

  • journal uses a CC BY-NC-SA license which mean

    You are free to:

    • Adapt — remix, transform, and build upon the material
    •  
    • The licensor cannot revoke these freedoms as long as you follow the license terms.

  • Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.

  • NonCommercial — You may not use the material for commercial purposes.

  • ShareAlike — If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original.

  • No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.