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Article
Publication date: 21 May 2020

Yamen N. Al-Betawi, Fadia H. Al Nassar, Ahmad A. Al Husban and Safa Al Husban

This study aims to trace the transformation in the form of apartment building and the connotations it has in understanding the changes that occurred in the Jordanian society’s…

Abstract

Purpose

This study aims to trace the transformation in the form of apartment building and the connotations it has in understanding the changes that occurred in the Jordanian society’s lifestyle over the past five decades.

Design/methodology/approach

A comparative case study analysis has been conducted amongst 170 apartments, covering 70 design attributes related to aspects of appearance, spatial organisation, parking and access to building, outdoor space and finishing. This was followed by experts and households solicitation to help giving more confidence on the validity and reliability of findings regarding the sorts and justifications for the changes that have taken place in the form of apartments over the studied time frame.

Findings

The results reveal changes in design attributes indicating particular alterations in people’s lifestyle. New interests act in formulating recent housing design attributes. People seem to turn into a more open social life within public community but more privatised living amongst family members. People are becoming more attached to indoor modernised lifestyle, in homes and public areas where activities take place. This entails pursuing a more comfortable, facilitating and enjoyable life that presents luxury and tranquillity.

Originality/value

Understanding the relationship between transformations in the built form of apartment buildings and the associated social alterations provides useful insights towards improving housing provision to better match the ever-changing demands of people and respond to alterations in their lifestyles.

Article
Publication date: 22 August 2024

Ibrahim N. Khatatbeh, Hamdi W. Samman, Wasfi A. Al Salamat and Rasmi Meqbel

This study aims to examine the effect of corporate governance (CG) mechanisms on financial fragility in non-financial corporations, using Nishi’s operationalization of Minsky’s…

Abstract

Purpose

This study aims to examine the effect of corporate governance (CG) mechanisms on financial fragility in non-financial corporations, using Nishi’s operationalization of Minsky’s financial instability hypothesis. Specifically, the study investigates the influence of board size, board independence, CEO duality and audit quality on the financial fragility of non-financial companies (NFCs).

Design/methodology/approach

Using a panel logit regression model, the authors analyse annual data from (66) NFCs listed on the Amman Stock Exchange, spanning over the period 2015–2021. This methodology enables us to assess the relationships between the identified CG mechanisms and the categorical proxy of financial fragility.

Findings

The findings of this study reveal that a large share of NFCs fall within Minsky’s “Ponzi” classification, indicating elevated levels of financial vulnerability. Remarkably, the analysis demonstrates that larger board sizes and the CEO-Chairman duality exacerbate financial fragility within these firms. Conversely, the study results suggest that board independence and audit quality exhibit limited effects on financial fragility. In addition, profitability, firm size and financial leverage are identified as key predictors of financial fragility.

Originality/value

This study adds to the current literature by using a financial fragility index grounded in Minsky’s financial instability hypothesis. The constructed index is then used to examine specific CG factors in relation to financial fragility, which offers new insights into the dynamics influencing the default exposure of NFCs. Furthermore, the study findings have direct implications for policymakers and stakeholders aiming to enhance CG practices and foster financial stability in the private sector.

Details

International Journal of Islamic and Middle Eastern Finance and Management, vol. 17 no. 6
Type: Research Article
ISSN: 1753-8394

Keywords

Article
Publication date: 21 May 2024

Jenan Abu Qadourah and Saba Alnusairat

This study evaluates the aesthetic perception of photovoltaic (PV) systems situated at various locations on an apartment building facade, comparing them with the original facade…

Abstract

Purpose

This study evaluates the aesthetic perception of photovoltaic (PV) systems situated at various locations on an apartment building facade, comparing them with the original facade. It also aims to understand how aesthetic dimensions influence the perception of PV installations in diverse building locations. Moreover, it aims to create a framework that will guide for installing PV installations considering both their functionality and aesthetics.

Design/methodology/approach

The study uses a mixed-method approach, including qualitative and quantitative approaches. It includes a literature review and a questionnaire. 418 participants evaluated different PV-embedded facades using a Likert scale across various aesthetic variables.

Findings

The findings indicate that aesthetic perceptions of PV vary by the location of installation. It also shows that all aesthetic dimensions affect PV installation aesthetics, with location-specific preferences. For original elevation, compatibility and simplicity are given precedence over blending and coherence for windows, creativity and harmony for facades, functionality and harmony for balconies, and innovation potential and simplicity for roofs.

Research limitations/implications

This study focuses on a single building type; further investigation is required to examine other building types. It also examined one PV technology with common visual properties, but future studies can examine others. Additional research is needed to compare the participating groups and the effect of their sociodemographic factors, using on-site surveys and interviews.

Originality/value

Few studies have investigated how PV systems affect apartment building users' architectural aesthetic perception. The results of this study make a valuable contribution to the field of sustainable architecture by providing practical guidance for architects, engineers, stakeholders, and researchers who are interested in integrating aesthetic, user-centric considerations into renewable energy solutions.

Details

Archnet-IJAR: International Journal of Architectural Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2631-6862

Keywords

Article
Publication date: 15 September 2022

Hamzeh Al Amosh, Saleh F.A. Khatib and Husam Ananzeh

This paper aims to investigate whether the sustainability disclosure with the environmental, social and governance (ESG) aspects has an impact on the financial performance…

3101

Abstract

Purpose

This paper aims to investigate whether the sustainability disclosure with the environmental, social and governance (ESG) aspects has an impact on the financial performance represented by Tobin’s Q, return on assets (ROA) and return on equity indices in the Levant countries for the period 2012–2019, which was a period of turmoil and political repercussions that affected the countries of the region.

Design/methodology/approach

Using the content analysis technique, the data was collected from 124 nonfinancial companies from Levant countries (Jordan, Palestine, Syria and Lebanon), and 883 observations were collected as panel data for the research analysis.

Findings

The findings indicate that the environmental, social and ESG collective performance maximizes financial performance, while the governance performance influences ROA only. This suggests that companies pay great attention to various stakeholders, mainly external. Maximizing stakeholder value remains an optimal strategy to achieve the company’s financial goals. Thus, improving the disclosure levels of nonfinancial performance in the capital markets will improve the chances of growth of the financial performance indicators of companies.

Originality/value

The study provided insights about the ESG role and its impact on the financial performance of companies in a less explored context by previous literature, namely, the Levant.

Details

Corporate Governance: The International Journal of Business in Society, vol. 23 no. 3
Type: Research Article
ISSN: 1472-0701

Keywords

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