股权结构、CEO二元性、审计类型、董事会独立性和三重底线对降低埃及公司财务困境的影响:基于Z-Score模型

E. Attia, E. Awad, S. Daher, Hady Abozeid
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引用次数: 0

摘要

:该研究考察了CG措施对55家上市公司的公司失败的影响,这些公司的股票是2010-2018年埃及交易最活跃的100只股票之一。研究结果可用于确定哪些特定的企业治理机制(即所有权结构、首席执行官双重性、审计类型、董事会独立性)可以减少公司失败,从而极大地促进上市公司对这些企业治理实践的广泛认识和实施。设计/方法研究方法依赖于使用适当的实证和统计分析来检验研究假设,如描述性统计、相关分析、路径分析和使用结构方程模型(AMOS)的多组分析,以及使用E-views的面板最小二乘回归分析。有关CG、会计变量和企业破产的数据由埃及证券市场正式提供。分析使用了埃及信息披露书、科法斯埃及金融年鉴和公司网站提供的数据集。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
The Influence of Ownership Structure, CEO Duality, Audit Type, Board Independence and Triple Bottom Line on Reducing the Financial Distress of Egyptian Companies: Using Z-Score Model
: The study examines the impact of CG measures on corporate failure of 55 listed companies whose shares are among Egypt's 100 most actively traded shares from (2010-2018). The results can be used to identify which specific CG mechanisms (i.e., ownership structure, CEO duality, audit type, board independence) reduce corporate failure which can in return greatly contribute to the widespread awareness and implementation of these CG practices among listed companies. Design/Methodology The research methodology relies on using appropriate empirical and statistical analysis to test research hypothesis such as descriptive statistics, correlation analysis, path analysis and multi-group analysis using structured equation model using (AMOS), and panel least square regression analysis using E-views. Data about CG, accounting variables, and corporate failure was officially provided by the Egyptian Stock Market. The analysis used Egyptian Disclosure books, Coface Egypt Finance yearbooks and company's website provided to construct datasets.
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