The Relationship between the ROA, ROE and ROI Ratios with Jordanian Insurance Public Companies Market Share Prices
Dr. Majed Abdel Majid Kabajeh, Dr. Said Mukhled Ahmed AL Nu’aimat, Dr. Firas Naim Dahmash
Abstract
The purpose of this study is to examine the relationship between the ROA, ROE and ROI ratios together and separately with Jordanian insurance public companies share prices during the period (2002-2007). Based on the empirical evidence, the results showed a positive relationship between the ROA, ROE and ROI ratios together with Jordanian insurance public companies share prices. The results also showed a positive but low relationship between each of ROA ratio separately and ROI ratio separately with Jordanian insurance public companies share prices. However, the results showed no relationship between the ROE ratio separately with Jordanian insurance public companies market share prices.
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