The Impact of Applying Sustainability Accounting on the Market Value of Insurance Companies Listed on the Amman Stock Exchange

The purpose of this study is to identify the impact of sustainability accounting (SA) with its three dimensions (social, economic, and environmental) on the market value (MV) of insurance companies listed on the Amman Stock Exchange (ICLASE). Accordingly, the researcher used the analytical descriptive approach to collect data on the study variables by analysing the annual financial reports of (21) insurance companies during the fiscal period (2017–2022). This study included only eight insurance companies that use sustainability accounting. Based on the different statistical methods used, the results showed that statistical significance of both social sustainability and economic sustainability had a positive effect on the (MV) of (ICLASE). Due to the lack of interest among insurance companies in the environmental dimension, the hypothesis was excluded. The study recommended that insurance companies pay more attention to sustainability dimensions, and increase the level of education and awareness of sustainability.