The Impact of Entrepreneurial Financial Activities on Financial Indicators: Evidence from All Companies Listed in Muscat Security Market Cover Image

The Impact of Entrepreneurial Financial Activities on Financial Indicators: Evidence from All Companies Listed in Muscat Security Market
The Impact of Entrepreneurial Financial Activities on Financial Indicators: Evidence from All Companies Listed in Muscat Security Market

Author(s): Syed Ahsan Jamil, Faris Nasif Al Shubiri, Mawih Kareem Al Ani
Subject(s): Business Economy / Management, Economic policy, Economic development, Transformation Period (1990 - 2010), Present Times (2010 - today), Financial Markets, Accounting - Business Administration
Published by: Reprograph
Keywords: entrepreneurial activity; financial indicators; Muscat security market;

Summary/Abstract: This paper aims to analysis the impact of entrepreneurial financial activities on financial indicators of all sectors as industrial, financial and services listed in Muscat Security Market from 2008 to 2014. The sample of 109 firms has been selected from a total population of 115 firms. The model of study consist of five main financial activities related to entrepreneurial activities as independent variables, which include output of employment and prices, oil and gas, public finance, money, banking and financial institutions, foreign trade and balance of payments wherein every activity is measured by three variables. The dependent variable is financial indictors consisting of market and profitability indicators. The results show there is a statistical significant impact of three entrepreneurial activities of output of employment and prices, money, banking and financial institutions, foreign trade and balance of payments on market indicator and in all entrepreneurial activities on profitability indicator. Researchers strongly recommends to adoption of entrepreneurship in the government's planning and long term strategy at the country level and special attention for all economic activities that contribute to the promotion of entrepreneurial concept directly or indirectly through the influence in all economic sectors and this interaction could add effective economic value that will reflect positively on economic growth.

  • Issue Year: XI/2016
  • Issue No: 39
  • Page Range: 55-58
  • Page Count: 4
  • Language: English
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