This study examines the effects of the accruals vs. cash flow bases on firm's MB ratio as a proxy for shareholder value. The methodology utilizes the benefits of the ‘partial adjustment model' where it addresses the extent to which the shareholder value adjusts to a target level. The final...

Purpose – The purpose of this paper is to examine firms' strategies to change long- and short-term debt financing in Egypt. It aims to examine a list of capital structure determinants that include the basic assumptions of the three well-known theories of capital structure: tradeoff, pecking...

This study examines the informativeness of accounting information to three classes of shareholder value; high, medium and low. The results indicate that shareholder value adjusts positively a target level according to the five categories of financial ratios. This shows a high degree of...

This paper examines the association between firms' debt financing structure and operating performance. The paper focuses on debt as the firms' loans from banks, which is the general trend of debt financing in Egypt. Firms' operating performance is measured by three operating measures. The...

Empirical evidence suggests that international ownership of local firms supports firm performance and growth through various channels such as financing, technology transfer, and improved access to international markets. This is particularly true for small and medium-sized enterprises (SMEs) that...

The objective of this paper is to examine the relationship between corporate governance and Bank performance in Asia. The study is carried on two hundred and twenty six banks during the period of 2009-2013 in ten Asian countries. Regression results show that (in Model 1) audit committee has a...

The purpose of this paper is to examine the determinants and characteristics of voluntary internet disclosures by listed companies in Bahrain and Qatar. This paper uses archival data from listed companies in the Bahrain Bourse and Qatar Stock Exchange. Binary Logistic Regression analysis is used...

Most of the studies that have examined management accounting practices have done so irrespective of the nature and characteristics of organizations. Little is known about the impact of the difference in the nature of organization on management accounting practices. Hence, this study investigates...

This study examines if both market frictions and stock mispricing provide better explanation of the momentum premium, compared to the conventional asset pricing models. Using a large sample of 3727 companies listed on the Chinese stock market from 1999 to 2018, we show that winner stocks are...

This paper investigates the extent and variety of practices of internet financial reporting (IFR) by companies listed on the Muscat Securities Market (MSM) in Oman. While IFR is fast becoming the norm in most western countries, there is little empirical evidence of the phenomenon in the Middle...