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Creditworthiness is a quality that is important to all stakeholders of an organisation, especially bondholders. It is posited that good corporate governance practices assist the confidence that stakeholders have in an organization´s ability to generate the strong cash flows that are needed to meet financial obligations, which in turn should enhance credit risk assessments. Great concern has been directed to the scandals that happened recently either in the Asian or Western markets. One of the major reasons for these scandals is the lack of good financial transparency and disclosure which can be enhanced by a good corporate governance system. In the same vein, financial markets direct their attention to these changes and begin to perform some reforms to implement good corporate governance system. But the impact of corporate governance on credit risk assessments has been under-researched.

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He is a doctor of philosophy, PhD accounting and finance from Britain, UK. He is assistant lecturer (accounting teaching) in accounting department at the Hashemite University, Zarqa-Jordan. His research interests are: Financial accounting (transparency, disclosure...etc), corporate governance, credit risk assessment, capital structure.

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