Master Study: The Association Between Impression Management and Financial Performance in the Board of Directors
the disclosure of information represents an essential requirement for many stakeholders due to crucial role in the efficient allocation of scarce resources in the capital marker

Amr Nazieh Ezat

Associate Professor
Accounting Department
Faculty of Commerce
Mansoura University, Mansoura, Egypt

 

 

 

This study extends the previous study about the disclosure narrative field through examining the bidirectional association between Disclosure Tone (DP) and Financial Performance (FP) in respect of the Egyptian EGX 100 listed companies during the period from 2013 to 2017.

Further, this study seeks to explore the expected effect of the CEO’s power on the association between DT and FP in the Egyptian context.  This study ran twelve Ordinary Least Square (OLS) models to test the research hypotheses.

Further, it calculated the number of the statements, related to the disclosure tone in the board of directors’ annual reports, through manual analysis of their content. In addition, this study used Tobin’s Q method to measure FP.  CEO power was captured by using an aggregated index which included six CEO power variables in the Egyptian environment.  

 
The findings reveal that there is a bidirectional relationship between DT and FP. Moreover, CEO power has a significant effect on the association between DT and FP. Due to few studies having examined the bidirectional between DT and FP in the developing countries, this study contributes to the accounting field by examining such a construct in the Egyptian context. 

 

 

 

 

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قراءة 510 مرات

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

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محظور

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

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