The Impacts of Sustainability Practices Disclosure on Financial Performance: Jordan Commercial Banks

Abstract

This research paper focused on assessing the impact of disclosure degree of sustainability practices, particularly factors influencing the disclosure level on dimensions (social, ecological, and economic) on financial performance for Jordan Commercial Banks. The data collected from the financial statements and annual reports of Jordan Commercial Banks for the period (2014-2018). The findings indicate relative convergence among Jordan Commercial Banks in the level of economic dimension. Moreover, the interest of Jordan Commercial Banks in the disclosure of the fields that reflect their abilities in increasing or magnifying their economic value and remaining in the market. In addition, the main recommendations of this study is raise awareness among Jordanian commercial banks seeking Global leadership concerning the importance of disclosure about sustainability practices and the positive impact achieved by disclosure about the mental picture for banks and formulating its future policies.