Measuring financial fragility using the (MINSKY) model for a sample of Jordanian industrial companies for the period (2005-2019)
2022, Volume 41, Issue 133, Pages 109-133
AbstractThe research aims to measure the extent of financial fragility that companies operating within the Jordanian industrial sector may suffer from for the period (2005-2019) and registered on the Amman Stock Exchange. To this unobtrusive risk, which is (the risk of financial fragility) by managers and investors in order to hedge and avoid it, as it is one of the unsystematic risks that may afflict companies and institutions that appear to be sound and carry out their activities successfully, but in the event of their exposure The simplest financial shock may collapse and enter into financial problems that may lead it to bankruptcy and liquidation, which also contributes to the orientation of this concept, which is characterized by somewhat modernity of financial concepts, especially within the Arab community, to attract researchers and academics to study and analyze this risk and reduce it and its effects that it leaves from It could be a cause of public financial crises, and the Minsky accounting framework index was chosen to measure financial fragility, and the research reached a set of conclusions, the most important of which was that the majority of companies with The Jordanian Industrial Company, which is registered on the Amman Stock Exchange, is one of the small-sized companies based on the size of the assets it owns, as well as the majority of companies that suffer from financial fragility..
- Article View: 45
- PDF Download: 55