التدفقات النقدية التشغيلية كمتغير معدل للعلاقة بين جودة التقارير المالية و كفاءة الاستثمار : دراسة تطبيقية علي الشركات المقيدة بالبورصة المصرية

الملخص EN

The research aimed to study and test the effect of Operational Cash flows as a moderating variable on the relationship between financial reporting quality and investment efficiency, by applying it to a sample of companies listed on the Egyptian Stock Exchange from 2015 to 2018.

The research found that there is a significant decrease in financial reporting quality of companies listed on the Egyptian Stock Exchange, which means a decrease in the supervisory role of financial reporting quality on investment decisions taken by managers and a decrease in their role in reducing the asymmetry of information between managers and stakeholders.

And the existence of a non-significant inverse relationship between financial reporting quality and investment efficiency.

Research indicates that there is no effect of the operating cash flow ratio on the relationship between financial reporting quality and investment efficiency.