دور الحوكمة والمسؤولية المجتمعية للشركات في تعظيم ثروة الملاك: "دراسة تطبيقية على الشركات الصناعية المدرجة في البورصة المصرية“

Abstract EN

The purpose of this study is twofold, First, this study investigates the companies' tendency towards implementing the rules of governance and the extent of their commitment to societable responsibility.

Second, this study examines the impact of the applying governance and commitment on Maximizing Shareholders wealth.

This study relied on quarterly data for 6 companies listed on the Egyptian Stock Exchange in the S&P ESG EGX index over the time from 2014 to 2021.

Panel data was analyzed using Pooled regression model, fixed effects model, and random effects model.

The study concluded: (1) There is a positive significant effect of corporate societable responsibility together on earnings per share, market value/book value.

(2) There is a positive significant effect of governance on the rate of return on assets and the rate of return on equity, (3) There is a negative significant effect of societable responsibility on the rate of return on equity.

Return on assets and rate of return on equity.

This study has important implications for policy makers, managers, investors, and other stakeholders in industrial companies.