Measuring the effect of portfolio foreign investment on the market value at the Amman Stock Exchange during the period (1996/2020) using the ARDL model

Abstract

This study oaims to measure the impact of foreign portfolio investment on the market value in the Amman Stock Exchange during the period (1996-2020), using the Autoregressive Model of Delayed Distributed Time Gaps (ARDL).

This study also aims to analyze the short and long term dynamic relatin ship between the study variables.

the  study concludedthatthereis a positive and moral impact of foreigners' participation in Jordanian companies listed on the stock exchange on the market value in the short and long terms.