Effect of Operating Cash Flows on Company Financial Performance Before and During Corona Pandemic. “Evidence from Insurance Company Listed on the Amman Stock Exchange”

Abstract

The current study aims to know effect of operating cash flows on company financial performance represented by the ratios of quick ratio and current ratio on insurance sector for the company listed on the Amman Stock Exchange (ASE), before and during COVID 19 pandemic during the period (2019–2020), which represents before the spread of the Corona pandemic and the period in which the pandemic spread and all were closed Aspects of economic life, the study sample consisted of 17 public shareholding insurance companies. Where the main hypotheses were formulated in light of the study problem, and to achieve the purpose of the current study, financial data were obtained from the financial statements of insurance companies, and these data were analyzed through SPSS. The most prominent results were: There is a positive statistically significant effect between operational cash flows on the financial performance represented by the ratios of circulating liquidity and quick liquidity during the period of the Corona pandemic, as a result of the decrease in accidents and sickness cases, and the decrease in operational costs and public expenses due to the commitment of citizens and remote work, while the study recommended The government taking financial measures to reduce the additional burden on these companies, such as exempting these companies from financial and customs fees and reducing the percentage of taxes related to these companies as a result of the operational activity.