The impact of transitory losses on firms' corporate governance structure
Author
Mahmud, Shirin Muhammad Abd al-Fattah
Source
Journal of Commercial and Environmental Studies
Issue
Vol. 12, Issue 1 (31 Jan. 2021), pp.275-298, 24 p.
Publisher
Suez Canal University Faculty of Commerce
Publication Date
2021-01-31
Country of Publication
Egypt
No. of Pages
24
Main Subjects
Topics
Abstract EN
This research investigates the impact of one major form of underperformance in companies, the reporting of a transitory losses, on post-changes occurring in the corporate governance structure (CG) of these companies.
The research uses a combined sample of 52 firms listed in the Egyptian Stock Exchange (EGX) during the period from 2014 to 2017.
A loss sample of 26 firms is matched to a profit sample of 26 firms based on industry and firm size to isolate the loss situation and control for industry characteristics.
Using confirmatory factor analysis and difference-in-differences (DID) analysis, the findings indicate that there is a significant impact of the reporting of a transitory loss on changes occurring in the corporate governance structure of loss firms in the period following the loss, but these changes are not significantly different from those made by the profit firms.
American Psychological Association (APA)
Mahmud, Shirin Muhammad Abd al-Fattah. 2021. The impact of transitory losses on firms' corporate governance structure. Journal of Commercial and Environmental Studies،Vol. 12, no. 1, pp.275-298.
https://search.emarefa.net/detail/BIM-1221407
Modern Language Association (MLA)
Mahmud, Shirin Muhammad Abd al-Fattah. The impact of transitory losses on firms' corporate governance structure. Journal of Commercial and Environmental Studies Vol. 12, no. 1 (2021), pp.275-298.
https://search.emarefa.net/detail/BIM-1221407
American Medical Association (AMA)
Mahmud, Shirin Muhammad Abd al-Fattah. The impact of transitory losses on firms' corporate governance structure. Journal of Commercial and Environmental Studies. 2021. Vol. 12, no. 1, pp.275-298.
https://search.emarefa.net/detail/BIM-1221407
Data Type
Journal Articles
Language
English
Notes
-
Record ID
BIM-1221407