The moderating influence of ownership structure on the association between financial reporting quality and investment efficiency: evidence from Egypt
المؤلف
المصدر
Journal of Commercial and Environmental Studies
العدد
المجلد 13، العدد 4 (31 أكتوبر/تشرين الأول 2022)، ص ص. 224-249، 26ص.
الناشر
جامعة قناة السويس كلية التجارة-الإسماعيلية
تاريخ النشر
2022-10-31
دولة النشر
مصر
عدد الصفحات
26
التخصصات الرئيسية
الموضوعات
الملخص EN
The key purpose of this study is to investigate the effect of Financial Reporting Quality (FRQ) on Investment Efficiency (IE) in Egypt.
In addition, this research studies the moderating effect of various structures of ownership (concentration and managerial ownership) on the association between FRQ and IE.
The structure of ownership is an essential internal corporate governance mechanism that could solve agency issues and reduce information asymmetry Chen (2013) and Fama and Jensen (1983).
This study used a sample of 53 companies that were registered on the Egyptian stock exchange )EGX( market between 2015 and 2018.
According to the findings, FRQ and IE have a substantial positive association.
Second, organizations with significant managerial ownership show a stronger correlation between FRQ and IE.
Finally, the link between FRQ and IE is not being moderated by concentrated ownership.
The study's findings are consistent with the idea that managerial ownership could decrease agency problems and information asymmetry.
Therefore, providing managers with stock ownership as compensation will be quite advantageous.
نمط استشهاد جمعية علماء النفس الأمريكية (APA)
Mahmud, Khulud Abd al-Karim. 2022. The moderating influence of ownership structure on the association between financial reporting quality and investment efficiency: evidence from Egypt. Journal of Commercial and Environmental Studies،Vol. 13, no. 4, pp.224-249.
https://search.emarefa.net/detail/BIM-1496668
نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)
Mahmud, Khulud Abd al-Karim. The moderating influence of ownership structure on the association between financial reporting quality and investment efficiency: evidence from Egypt. Journal of Commercial and Environmental Studies Vol. 13, no. 4 (Oct. 2022), pp.224-249.
https://search.emarefa.net/detail/BIM-1496668
نمط استشهاد الجمعية الطبية الأمريكية (AMA)
Mahmud, Khulud Abd al-Karim. The moderating influence of ownership structure on the association between financial reporting quality and investment efficiency: evidence from Egypt. Journal of Commercial and Environmental Studies. 2022. Vol. 13, no. 4, pp.224-249.
https://search.emarefa.net/detail/BIM-1496668
نوع البيانات
مقالات
لغة النص
الإنجليزية
الملاحظات
-
رقم السجل
BIM-1496668
قاعدة معامل التأثير والاستشهادات المرجعية العربي "ارسيف Arcif"
أضخم قاعدة بيانات عربية للاستشهادات المرجعية للمجلات العلمية المحكمة الصادرة في العالم العربي
تقوم هذه الخدمة بالتحقق من التشابه أو الانتحال في الأبحاث والمقالات العلمية والأطروحات الجامعية والكتب والأبحاث باللغة العربية، وتحديد درجة التشابه أو أصالة الأعمال البحثية وحماية ملكيتها الفكرية. تعرف اكثر