financeФинансы: теория и практика/Finance: Theory and PracticeFinance: Theory and Practice2587-56712587-7089Financial University under The Government of Russian Federation10.26794/2587-5671-2023-27-2-99-107finance-2082Research ArticleБАНКОВСКИЙ СЕКТОРBANK SECTORВлияние доходности кредитного портфеля на доходность акций с использованием платежеспособности коммерческих банков Иордании как условной переменнойThe Impact of Loan Portfolio Returns on Stock Returns: The Moderating Role of Solvency in Jordanian Commercial Bankshttps://orcid.org/0000-0003-4544-4097Аль-СлехатЗ.Al-SlehatZ.

Захер Аль-Слехат - PhD, бизнес-факультет, факультет экономики бизнеса

Тафила

Zaher Al-Slehat - PhD, Business Faculty, Department of Business Economic

Tafila

Zalabadi@yahoo.comТехнический университет ТафилыИорданияTafila Technical UniversityJordan20233004202327299107Copyright © Аль-Слехат З., 20232023Аль-Слехат З.Al-Slehat Z.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://financetp.fa.ru/jour/article/view/2082

Целью данного исследования является проверка влияния доходности кредитного портфеля на доходность акций в коммерческом банковском секторе Иордании при наличии платежеспособности как условной переменной (модератора). Исследуемая совокупность представляет собой все местные коммерческие банки Иордании, зарегистрированные на бирже в Аммане в 2013–2020 гг. Для решения задачи автор применяет корреляционный анализ (корреляция Пирсона), использует тест Дарбина-Уотсона на наличие автокорреляции. Применена программа SPSS для достижения поставленной цели и проверки гипотез. Результаты выявили значительное влияние доходности кредитного портфеля на доходность акций в банковском секторе Иордании. Это означает, что рост доходности кредитного портфеля отражается на доходности акций, принадлежащих акционерам, поскольку она зависит от финансовой эффективности банка. Платежеспособность играет роль условной переменной в улучшении влияния доходности кредитного портфеля на доходность акций. В соответствии с полученными результатами автор рекомендует администрации банков концентрироваться на управлении кредитным портфелем и финансовой платежеспособностью, чтобы добиваться большей прибыльности и следовать решениям Базельского комитета.

The current research aims is to test the impact of loan portfolio returns on stock returns in the Jordanian commercial banking sector in the presence of solvency as a conditional variable (moderator). Set in the research represents all Jordan’s local commercial banks listed on the Amman Stock Exchange for the period of 2013–2020. The SPSS program was used to achieve the study’s objective and test its hypotheses. The results showed significant impact of loan portfolio return on stock returns in the Jordanian banking sector. It means that loan portfolio return growth has an impact on shareholder stock returns as it depends on the bank’s financial performance. Solvency is a conditional variable to improve the impact of loan portfolio return on stock returns. Accordingly, the research presents a set of recommendations, Bank managers should focus on loan portfolio management and financial solvency in order to have greater profitability and follow the decisions which are passed by the Basel Committee.

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The authors declare that there are no conflicts of interest present.