{"title":"The Impact of Country Credit Risk Management on the Egyptian Commercial Banks’ Performance - The Moderating Role of Country Liquidity Risk Management","authors":"Ahmed Elgayar","doi":"10.21608/cfdj.2024.275734.1925","DOIUrl":"https://doi.org/10.21608/cfdj.2024.275734.1925","url":null,"abstract":": The purpose of this study is to investigate how country liquidity risk management influences the potential impact of country credit risk management on the performance of the commercial banks sector in Egypt. The research methodology employed an empirical approach, collecting secondary data from the Egyptian banking sector spanning from 2012 to 2022. This analysis focuses on the three largest commercial banks dominating the Egyptian market, namely the National Bank of Egypt (NBE), Banque Misr (BM), and Banque du Caire (BdC). Three hypotheses were formulated, and empirical time-series simple linear and multiple regression models were utilized to test these hypotheses. The findings confirm the validity of all three hypotheses and provide insights into the relationships among the variables outlined in these hypotheses. Notably, the results align with the expected theoretical impact . For","PeriodicalId":176283,"journal":{"name":"المجلة العلمية للدراسات والبحوث المالية والتجارية","volume":"77 11","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141696035","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Effect of Job Embeddedness on Creative Performance: An Empirical Study on Mobile Telecommunication Companies in Egypt","authors":"Mohammed Soliman, Rana Ibrahim, Youmna Youssef","doi":"10.21608/cfdj.2024.263398.1893","DOIUrl":"https://doi.org/10.21608/cfdj.2024.263398.1893","url":null,"abstract":"This study aims to examine the effect of job embeddedness on creative performance. A questionnaire was used to collect data from 381 employees of mobile telecommunication companies in Egypt. The hypothesized relationship was tested by using the partial least squares structural equation modeling technique (PLS-SEM). The results indicate that job embeddedness dimensions, namely links, fit, and sacrifices have a significant positive effect on creative performance. These findings show that strengthening employee ’s links with co-workers, supervisors, and customers, ensuring a good fit with the job, and preventing the sacrifice of organizational benefits can improve creative performance. This research integrates philosophies from job embeddedness theory and previous management studies into a more employee-centered approach. Thus, this paper contributes to the existing literature by providing evidence that job embeddedness enhances employees’ creative performance. Theoretical and practical implications are discussed. In addition, limitations and future research directions are presented.","PeriodicalId":176283,"journal":{"name":"المجلة العلمية للدراسات والبحوث المالية والتجارية","volume":"2 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141711400","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"External Debt Sustainability in Egypt’s economy: A probabilistic Approach","authors":"marwa kamal","doi":"10.21608/cfdj.2024.299119.1992","DOIUrl":"https://doi.org/10.21608/cfdj.2024.299119.1992","url":null,"abstract":"The concept of external debt sustainability gains importance because it relates to responsible policies that ensure macroeconomic stability. One stability rule of external debt is that the ratio of net debt to GDP be equal to or less than the present value of the ratio of net exports to GDP plus the interest differential times the ratio of total assets to GDP. This paper used a probabilistic approach to examine the sustainability of Egypt’s external debt, considering that sustainability requires the net debt to be less than or equal to the present value of net exports. We have applied VAR methodology using a quarterly panel dataset comprising 2010 – 2023. The estimated parameters were then used in a Monte Carlo simulation to calculate the distribution of the repayment capacity. Our empirical analysis led us to conclude that there is evidence of the unsustainability of Egypt’s external debt. Accordingly, Egypt must balance domestic adjustment and foreign borrowing adequately.","PeriodicalId":176283,"journal":{"name":"المجلة العلمية للدراسات والبحوث المالية والتجارية","volume":"75 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141844038","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"الأهمية الاقتصادية لصادرات التكنولوجيا المتقدمة في كوريا الجنوبية","authors":"حسام الدين اسماعيل","doi":"10.21608/cfdj.2024.268063.1905","DOIUrl":"https://doi.org/10.21608/cfdj.2024.268063.1905","url":null,"abstract":"","PeriodicalId":176283,"journal":{"name":"المجلة العلمية للدراسات والبحوث المالية والتجارية","volume":"9 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141698264","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Comprehensive Analysis of Credit Risk Determinants in the Egyptian Property and Casualty Insurance Sector: Exploring Macroeconomic, Industrial, and Company Specific Factors","authors":"اسلام عبدالحكيم كامل صيام","doi":"10.21608/cfdj.2024.273708.1921","DOIUrl":"https://doi.org/10.21608/cfdj.2024.273708.1921","url":null,"abstract":": Through risk mitigation, investment encouragement, and financial market stabilization, the insurance sector plays a critical role in promoting economic stability. But there are inherent difficulties in the business, especially when it comes to managing credit risk, which is brought on by things like non-defaulting borrowers, unpaid premiums, and unpaid reinsurance amounts. This study examines how credit risk is affected by macroeconomic, industry-specific, and insurance company specific factors in Egyptian property and liability insurance companies between 2012 and 2022. In order to examine the relationships between credit risk, which is represented by three components: uncollected premiums, reinsurance, and bonds as dependent variables, and key independent variables like market share, ownership concentration, return on equity, insurance size, premium growth rate, and economic indicators like GDP, inflation, public debt, and unemployment. The study uses a variety of regression models, including pooled, fixed effects, and random effects regressions. Additionally, endogeneity and time persistence in credit risk structures are studied through the use of the Generalized Method of Moments (GMM). The robustness of the dynamic model is validated by the Sargan test and autocorrelation tests (AR (1) and AR (2)) which verify the efficiency of the used tools and the lack of serial correlation. The findings demonstrate the importance of factors in determining credit risk, including Return on equity (ROE), Premiums growth rate, Insurance Size, Insurance Capitalization, and economic indicators. This study offers insights for credit risk management and strategic decision-making in the insurance industry, furthering our understanding of credit risk in Egyptian markets.","PeriodicalId":176283,"journal":{"name":"المجلة العلمية للدراسات والبحوث المالية والتجارية","volume":"75 S2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141697555","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"أثر الجينات التنظيمية عبر الإدارة الاستراتيجية للموارد البشرية كمتغير وسيط على تطبيق ممكنات نموذج التميز الأوروبي EFQM دراسة تطبيقية على اتحاد الغرفة التجارية بالقاهرة","authors":",وفاء فنجري مرزوق سعيد","doi":"10.21608/cfdj.2024.261731.1889","DOIUrl":"https://doi.org/10.21608/cfdj.2024.261731.1889","url":null,"abstract":"","PeriodicalId":176283,"journal":{"name":"المجلة العلمية للدراسات والبحوث المالية والتجارية","volume":"110 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141694976","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"الدور الوسيط لعمليات إدارة المعرفة في العلاقة بين اليقظة الاستراتيجية والتغيير التنظيمي: دراسة تطبيقية على العاملين بجامعة الحدود الشمالية","authors":"نايف فوزي الرويلي","doi":"10.21608/cfdj.2024.270359.1914","DOIUrl":"https://doi.org/10.21608/cfdj.2024.270359.1914","url":null,"abstract":"","PeriodicalId":176283,"journal":{"name":"المجلة العلمية للدراسات والبحوث المالية والتجارية","volume":"68 7","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141697862","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"أثر إجمالى تكوين رأس المال على النمو الاقتصادي في مصرخلال الفترة 1990 – 2023","authors":"سحر احمد حسن يوسف","doi":"10.21608/cfdj.2023.246900.1849","DOIUrl":"https://doi.org/10.21608/cfdj.2023.246900.1849","url":null,"abstract":"","PeriodicalId":176283,"journal":{"name":"المجلة العلمية للدراسات والبحوث المالية والتجارية","volume":"11 15","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141700645","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"أزمة ديون سيادية في الدول المنخفضة الدخل تقترب- كيف يمكن تفاديها؟ (دراسة مقارنة مع أزمة 1994)","authors":"شريف بودري","doi":"10.21608/cfdj.2024.275399.1924","DOIUrl":"https://doi.org/10.21608/cfdj.2024.275399.1924","url":null,"abstract":"","PeriodicalId":176283,"journal":{"name":"المجلة العلمية للدراسات والبحوث المالية والتجارية","volume":"22 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141703989","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Yasmine Safwat Ibrahim Hassan, Ahmed Mahmoud Mohamed Youssef, Nancy Mohamed Mahmoud Ahmed
{"title":"Does Corporate Sustainability Management Moderate the Relationship Between Cost Stickiness and Earnings Management? The Case of Egypt","authors":"Yasmine Safwat Ibrahim Hassan, Ahmed Mahmoud Mohamed Youssef, Nancy Mohamed Mahmoud Ahmed","doi":"10.21608/cfdj.2024.293208.1976","DOIUrl":"https://doi.org/10.21608/cfdj.2024.293208.1976","url":null,"abstract":"The main objective of this study is to examine the moderating role of corporate sustainability management on the relationship between cost stickiness and earnings management. In this research, a sample of 256 observations from 65 Egyptian firms listed on the Egyptian Stock Exchange is used for a period of five years, from 2018 to 2022. The ordinary Least Squares (OLS) regression is applied for four multiple regression models to test the research hypotheses. Cost stickiness is measured by the model of Homburg and Nasev (2008) and selling, general, and administrative expenses are used as a proxy for cost stickiness. Discretionary accruals estimated from the modified Jones model (1995) are used to measure earnings management, and the S&P Global ESG Score is used to assess a company's sustainability performance, determined by aggregating its environmental, social, and governance dimension scores. The results reveal a significant positive relationship between cost stickiness and earnings management. Moreover, it is found that corporate sustainability management has a significant negative effect on cost stickiness. Additionally, corporate sustainability management has a positive significant effect on earnings management. Finally, the findings indicate that corporate sustainability management moderates the relationship between cost stickiness and earnings management, implying that corporate sustainability management reduces the positive impact of cost stickiness on earnings management.","PeriodicalId":176283,"journal":{"name":"المجلة العلمية للدراسات والبحوث المالية والتجارية","volume":"135 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141695061","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}