تقييم حوكمة الشركات في دول الشرق الأوسط و شمال إفريقيا باعتماد التحليل الحدودي العشوائي

Abstract EN

This research paper aims to evaluate the level of corporate governance in the MENA countries using stochastic frontier analysis as a parametric method, where the property rights, the protection of minority shareholder’s interests, the efficacy of corporate boards, and the strength of auditing and reporting standards are the inputs of this method.

In the other hand, the FDI is its output.

Our dataset includes balanced panel data of 10 countries over a period of 10 years, 2007-2016, providing 100 observations.

The main findings are as follows: (1) There was no statistical significant impact of corporate governance dimensions on FDI ratios (2) The corporate governance effectiveness of our dataset was about 70% (3) The corporate governance ratios were enhancing over time.