文章基本信息

标题：The Impact of Global Financial Crisis on Presented and Returned Checks in Jordan
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作者：Mahmoud Ibrahim Nour ; Abdel-Aziz Ahmad Sharabati ; Mohand Fayiz Al-Dweikat 等
期刊名称：Journal of Economics and Sustainable Development
印刷版ISSN：2222-2855
电子版ISSN：2222-2855
出版年度：2014
卷号：5
期号：20
页码：108-122
语种：English
出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：The purpose of this study is to investigates the effect of global financial crisis (GFC) on the presented and returned checks in Jordan i.e. cause-affect perspective research. The imperial data were collected from the Jordanian Department of Statistics, Central Bank of Jordan, and New York Stock Exchange (NYSE) market data base; the data covered 15 years from 1999 to 2013 to run the analysis. A Bivariate Pearson Correlation and Multiple Regressions were used to test the relationships between GFC and presented and returned checks and the effect GFC on presented and returned checks. A Bivariate Pearson correlation analysis shows that there is a strong significant correlation between presented checks and returned checks. Also, it shows that there is a significant relationship between Dow Jones market drop and increased presented checks. However, it shows that there is no significant correlation between Dow Jones drop and the returned checks. The multiple regressions show that there is a positive effect for GFC on presented checks for clearance in Jordan, and there is a negative effect for GFC on returned checks in Jordan. Generalizing Jordanian results to other countries may be questionable. Therefore, this study recommends extending the analysis to other Arab countries to mitigate the issue of generalizing conclusions on other countries. This study also may be considered as an initiative study which considered the effect of GFC on presented and return checks in Jordan.