The Effect of the Financial Crisis on the Jordanian Industrial Sector
Open Access
- 21 January 2013
- journal article
- Published by Center for Strategic Studies in Business and Finance SSBFNET in International Journal of Finance & Banking Studies (2147-4486)
- Vol. 2 (1), 43-47
- https://doi.org/10.20525/ijfbs.v2i1.140
Abstract
The International financial crisis caused the recession of the industrial sector in most developed countries. The effect of the crisis in the developing countries was different. This research aimed at investigating the effect of international financial crisis on industrial sector in Jordan. Different financial ratios were estimated using the financial statements of the industrial enterprises for the period 2000-2008. The financial data were classified to two periods. The first period 2000-2005 and 2006-2008 for this purpose. The results show very slight effect on the industrial sector in Jordan results of the limitations of most companies on their activities as a part of risk management policy.Keywords
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