أثر التحفظ المحاسبي على العلاقة بين الائتمان التجاري وربحية الشركات: دراسة تطبيقية

Abstract EN

This study provides empirical evidence on the relationship between trade credit & the company's profitability in the Egyptian & the extent to which this relationship is affected by accounting conservatism.

This study aims to verify the impact of trade credit on the profitability of companies in the Egyptian business environment, & to what extent the relationship between trade credit & profitability will be affected by the accounting conservatism as a modifier variable on this relationship.

The application was applied to a sample of (75) companies listed on the Egyptian Stock Exchange during the period from 2016 to 2020.

The study relied on measuring the profitability of companies with two accounting indicators: the rate of return on assets (ROA) & the rate of return on equity (ROE), & one market indicator that was measured by Tobin's Q, in order to confirm the results.

The study found a negative significant relationship between trade credit as payables & the company's profitability.

While the study found a positive significant relationship between trade credit as receivables & the company's profitability, at a significant level of 5% .

It has also been proven that there is a significant effect of accounting conservatism as a modifier on the relationship between trade credit (whether as receivables or as payables) & profitability.