Artificial and real income smoothing around corporate governance reforms: further evidence from Egypt
نویسندگان
چکیده
منابع مشابه
Corporate governance reforms around the world and cross-border acquisitions
Article history: Received 17 May 2013 Received in revised form 27 May 2013 Accepted 30 May 2013 Available online 10 June 2013 This paper provides comprehensive, detailed documentation of major corporate governance reforms (CGRs) undertaken by 26 advanced and emerging economies. We investigate whether these reforms have altered investor protection (IP) and impacted corporate investments. Specifi...
متن کاملState-Owned Enterprises and Corporate Governance Strength: Evidence from Indonesia
Background: This study investigates whether state-owned enterprises (SOEs) in Indonesia implement stronger corporate governance than do non-SOEs. It can be argued that as a large dedicated institutional investor, the Indonesian government has an incentive to strengthen corporate governance in SOEs and possesses the ability to bear the cost of implementing stronger governance. Research Methods: ...
متن کاملCorporate Governance and Liquidity Creation: Evidence from Iranian Banks
This paper examines the impact of internal bank governance on bank liquidity creation in Iran during 2010-2017. We analyze whether banks with larger size and liquidity levels creates higher levels of liquidity. The results using panel GMM method show that corporate governance has a positive effect on liquidity creation; of course, it is not significant. Also, this effect is not affecting by ban...
متن کاملInstitutional Ownership, Business Cycles and Earnings Informativeness of Income Smoothing: Evidence from Iran
Managers engage in income smoothing either to communicate private information about future earnings to investors (informativeness hypothesis) or to distort financial performance for opportunistic purposes (opportunism hypothesis). Business cycles and the monitoring role of institutional ownership may affect the earnings informativeness of income smoothing. The purpose of this research is to exa...
متن کاملCorporate Governance Reforms and Executive Compensation Determination: Evidence from the UK
This paper examines the effect that the ‘Cadbury reforms’ have had on the pay determination process of executives in the UK Our results suggest that, on average, the impact has been disappointing. The relationship between pay and performance remains weak and the link to firm size has, if anything, been strengthened. However, our results suggest considerable heterogeneity in the impact of the re...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Applied Accounting Research
سال: 2020
ISSN: 0967-5426
DOI: 10.1108/jaar-06-2019-0100