Open AccessThe influence of sustainable innovation on financial entrepreneurship performance: Growth and prediction in an emerging market
Author(s) -
Madher E. Hamdallah,
Anan F. Srouji
Publication year - 2022
Publication title -
journal of governance and regulation
Language(s) - English
Resource type - Journals
eISSN - 2306-6784
pISSN - 2220-9352
DOI - 10.22495/jgrv11i1art3
Subject(s) - return on equity , entrepreneurship , converse , return on assets , equity (law) , sustainable growth rate , regression analysis , financial market , economics , business , accounting , finance , statistics , mathematics , political science , geometry , profitability index , stock exchange , law
This study aims to perceive the effect of financial entrepreneurship performance (FEP) over sustainable innovation (SI) disclosure in an emerging market. Jordanian banks are tested based on a multiple regression analysis for the periods 2008 and 2018 and a time series forecasting webinar analysis for the period from 2019 to 2029 based on data ranging from 2008 to 2018. Innovation is indicated through disclosed intangible assets (IA), and items related to research and development (R&D) costs. As organizations anticipate stability by concentrating on technological awareness to influence higher innovative performance (Guo, Guo, Zhou, & Wu, 2020), this study came to converse the relationships between previous literature variables; Hussain (2015) as well as Lassala, Apetrei, and Sapena (2017) revealed through the regression models that there is a relationship between FEP and SI. Meanwhile, bank FEP is directed by return on assets (ROA) and return on equity (ROE). Results reveal that bank FEP affects SI disclosure in a positive manner for the period 2008 and at a higher significant level than 2018. In the meantime, the growth prediction analyses divulge that both ROA and ROE are expected to decrease rapidly within a coming couple of years and then increase promptly.