Abstract

Dr. Wasfi Ahmed Almaharmeh

The concept of governance management is one of the modern concepts that through its application, the organizations either productive or service can ensure that they achieve their objectives by convincing the beneficiaries, both inside and outside the organization, through continuous improvement of the organization to meet the expectations of its customers. In general, the concept of corporate governance refers to rules and standards that define the relationship between the management of a company on the one hand and shareholders and stakeholders or parties associated with the company (bondholders, workers, suppliers, creditors and consumers, on the other hand). More specifically, this term offers answers to several questions, the most important of which are: How do owners ensure that management does not misuse their money? How do they make sure that the management seeks to maximize the profitability and value of the company's shares in the long term? How much management cares about the community's basic health and environmental interests? Finally, how can stakeholders and stakeholders effectively control management? A specialized study was carried out on the Income and Sales Tax Department. The descriptive approach was used in the study, different methods of scientific research were used and reference was made to primary and secondary sources, books and studies - statistical publications - in order to construct the theoretical framework of research. Computational averages and standard deviations were used. The statistical data were analyzed by using the statistical binoculars of the social sciences (SPSS). One-way ANOVA analysis of variance and T- test were analyzed for each independent variable of the study variables. The study indicated that corporate governance in the form of disclosure of financial information can reduce the cost of an enterprise's capital. Good corporate governance helps attract foreign and domestic investments, helps reduce capital flight, and fight corruption, which everyone in Jordan is now aware of. Unless investors can secure a return on their investments, financing will not flow to the enterprises. It was recommended that the awareness and commitment of senior management to the concept of governance should be increased, to provide written training plans and focus on individual and group courses together, to train employees on modern techniques that help to serve the taxpayers, to pay attention to employees as one of the important elements in the application of total quality.