Theoretical Insights into The Interplay of Corporate Governance and Intellectual Capital on Firm Performance in Jordan

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Authors: Mohammad Khaled Almharat, Kwan Jing Hui, Nguyen Thi Phuong Lan
Cited by: 0

Abstract

This conceptual study develops an integrated theoretical framework to examine how corporate governance (CG) and intellectual capital ‎‎(IC) interact to enhance firm performance (FP) in Jordanian industrial companies. The study focuses on internal and external governance ‎mechanisms, transparency and disclosure practices, and risk management, while positioning IC as a mediating factor linking CG to firm ‎performance. The framework emphasizes the strategic role of effective governance in fostering IC and improving financial, market, and ‎operational performance. This research examines all manufacturing firms traded on the Amman Stock Exchange during 2017–2022. As ‎a central component of the Jordanian economy, the ASE is closely connected to regional and international financial markets, supporting ‎investment inflows and market confidence. Although previous studies have explored CG, IC, and FP individually, limited research has ‎integrated these variables within a unified framework in developing economies. The research aims to cover this knowledge gap by ‎enhancing the literature and providing practical recommendations for regulators and corporate executives in Jordan.

Fields of Study & Subjects

Intellectual Capital and Performance Analysis Corporate Governance and Financial Management Corporate Finance and Governance

Publication details

Journal / source
International Journal of Accounting and Economics Studies
Volume
13
Issue
2
Pages
343–352
Publication date
24 February 2026
Language
EN