This paper examines the effects of institutional quality on firm-level financial performance. The data include non-financial firms listed in stock exchanges in G8 and MENA countries. The total number of firms in the G8 and MENA is 347 and 389, respectively, covering the period 2017-2020. The...

This paper examines the firm growth-size and growth-learning theories using sales revenue ratios and cost ratios. The results show that (I) low growth is positively associated with short-term turnovers which indicate that firms' focus on the short-term leads to reduced growth rates, (II)...

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...

Previous studies conclude that bank ownership in developed markets improves firms' performance while in large emerging markets it promotes firm access to bank loans and lowers performance. We examine the effect of bank ownership on firms' performance and their access to bank loans in Egypt. We...