Master Study: Does Ownership Structure have an effect on Corporate Voluntary Disclosure?

(0 أصوات)
الخميس, سبتمبر 09 2021
رسائل ماجستير و دكتوراة
Master Study: Does Ownership Structure have an effect on Corporate Voluntary Disclosure?

Since a very long time, corporate voluntary disclosure started to receive the attention of many researches and it became the question of consideration and the focus of investigation in various countries

Most researches carried out to investigate the impact of different types of ownership structure on corporate voluntary disclosure were focused on developed capital markets; which prompts the need to test whether same findings apply on emerging markets. Therefore, the researchers were interested to conduct the study on the most active firms in the Egyptian stock exchange, as one of the largest emerging markets in the Middle East. For the aim of this research, a sample of non- financial Egyptian companies is analyzed, from the annual reports of ‘the 50 most active firms in Egypt, over the period of six years, from 2006 until 2011. To investigate the impact of the different ownership types of corporate structure on the extent of voluntary disclosure of Egyptian firms, a multiple regression model is carried out. The regression results show that only two hypotheses are supported, while two other hypotheses are not supported. The research’s findings indicate a significant negative relationship between the managerial ownership and corporate voluntary disclosure, between the institutional ownership and corporate voluntary disclosure, and between the state ownership type of corporate structure and the extent of voluntary disclosure of Egyptian listed companies. The research’s findings also indicate a significant positive relationship between the concentrated ownership and corporate voluntary disclosure. In addition, for the control variables, the firm’s Profitability, size and leverage are found to have an insignificant association to the corporate voluntary disclosure of Egyptian listed firms.

 

Fadaly S. Dina

Assistant professor - Dept. of Finance and Accounting

Arab Academy for Science & Technology 

 

Omneya Adel Abdel - Kaim

Teacher Assistant - Dept. of Finance and Accounting

Arab Academy for Science & Technology

للإطلاع على المرفقات
موسومة تحت
قراءة 423 مرات آخر تعديل في الخميس, 09 سبتمبر 2021 09:01
المزيد في هذه الفئة : « Master Study: Examining the association between board characteristics, ownership structure and performance Master Study: Stock Price Reaction to Dividends Declaration in Emerging Stock Markets »

الموضوعات ذات الصلة

سجل الدخول لتتمكن من التعليق

 

في المحاسبين العرب، نتجاوز الأرقام لتقديم آخر الأخبار والتحليلات والمواد العلمية وفرص العمل للمحاسبين في الوطن العربي، وتعزيز مجتمع مستنير ومشارك في قطاع المحاسبة والمراجعة والضرائب.

النشرة البريدية

إشترك في قوائمنا البريدية ليصلك كل جديد و لتكون على إطلاع بكل جديد في عالم المحاسبة

X

محظور

جميع النصوص و الصور محمية بحقوق الملكية الفكرية و لا نسمح بالنسخ الغير مرخص

We use cookies to improve our website. By continuing to use this website, you are giving consent to cookies being used. More details…