Open AccessThe Factors Affecting the Use of Financial Derivatives' Instruments An Applied Study on the Jordanian Commercial Banking Sector
Author(s) -
Zaher Abdel Fattah Al-Slehat,
Bader Mustafa Al-Sharif,
Amjad Qwader
Publication year - 2018
Publication title -
accounting and finance research
Language(s) - English
Resource type - Journals
eISSN - 1927-5994
pISSN - 1927-5986
DOI - 10.5430/afr.v7n3p67
Subject(s) - business , sample (material) , accounting , descriptive statistics , descriptive research , finance , financial sector , financial instrument , chemistry , statistics , mathematics , chromatography
Purpose: The study aims at identifying the factors affecting the use of instruments of financial derivatives such as (administrative factors, financial and accounting factors, and legal factors) in the Jordanian commercial banking sector. To achieve the objective of the study, a questionnaire was distributed to the financial managers of the sample under examination and analysis, in addition to finding the descriptive variables, correlations and regression through using the SPSS and E-views software. The study adopted the analytical descriptive approach. A questionnaire was designed and distributed to a number of directors and heads of sections of commercial banks of Jordan, which their number reached 13 banks. One of the most important findings of the study is that there is an impact of each of the administrative, financial, accounting and legal factors on the use of the financial derivatives' instruments.