Investigation of the Effects of Ownership Structure on Firms Value: Evidence from Tehran Stock Market (original) (raw)
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Taḥqīqāt-i mālī, 2015
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أثر القدره الاداريه على العلاقة بين جودة الأرباح وقيمة المنشأة
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This study aims to provide empirical evidence and discuss the relationship between earnings aquality and the firm value with managerial ability as moderating variables. the study used a sample of companies listed on the Egyptian stock market, including 133 companies, for 16 sectors, in the period from 2010 to 2018. The results of the statistical analysis showed that there is a positive relationship between the earning quality and the firm value. The results also showed that the managerial ability has a significant effects on the relationship between the quality of profits and the firm value. The research recommends paying attention to the earnings quality in light of the information revolution, and paying attention to developing the managerial ability skills of managers, because it has a profound impact on the strength of the relationship between the quality of profits and the firm value.
مجلة البحوث المحاسبیة
This study aims to investigate the impact of directors Board characteristics as internal corporate governance (CG) practices in improving the value relevance of the recognition of financial assets value impairment. To do so, we designed two mathematical models, the first model reflects the relationship between the directors Board characteristics as an independent variable and the level of recognition of Financial assets value impairment as a dependent variable and depending on the firm size as a control variable, while the second model reflects the relationship between the level of recognition of Financial assets value impairment as an independent variable and the firm value according to the measure of Tobin's Q as a dependent variable and based on the directors Board characteristics as a control or moderate variable, using a sample including the companies listed in the Egyptian Stock Exchange during the period from 2013 to 2017. The study results indicate that there is a significant effect on the majority of the Directors Board characteristics on the level of recognition of financial assets value impairment. There is also a significant effect to the level of recognition of the financial assets value impairment on the firm value by including the Directors Board characteristics as a control or moderate variable, Which reflects the important and effective role of the Directors Board as an internal governance mechanisms in improving the disclosed information value about financial assets value impairment from an investor perspective. The study results also contribute to providing practical evidence from the Egyptian environment on the importance and impact of the Directors Board characteristics of in improving the information usefulness about the financial assets value impairment, especially in evaluating profit management practices by companies. Which is reflected in the improvement of the companies' awareness level about the importance of effective governance Directors Board characteristics, which leads to maximizing the firm value in the long term.
Tishreen University Journal- Economic and Legal Sciences Series, 2016
To achieve this objective, the researcher conducted a field study on a sample of (20) shareholding companies working in the banking and insurance sectors (about 83% of the Syrians listed firms). A questionnaire containing six questions which cover the six principles of corporate governance was distributed to explore the sample's opinion about how much Syrians shareholding companies comply with those principles. The major findings of this study indicated that there were no significant differences between the level of the banks' commitment to the principles of corporate governance and the level of insurance companies' commitment.
أثر الالتزام بتطبيق مبادئ الحوكمة في أداء الشركات المُدرجة في سوق دمشق للأوراق المالية
Tishreen University Journal- Economic and Legal Sciences Series, 2018
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اثر حوكمة الشركات في التخطيط الضريبي دراسة تطبيقية
مجلة دراسات محاسبية ومالية
الغرض من هذه الدراسة هو تحليل ومناقشة أثر حوكمة الشركات في التخطيط الضريبي ، وقد تم اجراءها في عينة من الشركات الصناعية المساهمة العراقيـة المدرجة في سوق العراق للأوراق المالية للمــــدة من 2008- 2012. وقد استخدم المنهج البحثي التجريبي. كما استخدم لقياس حوكمة الشركات نموذج جونز المعدل(1995) لقياس مدى ممارسة شركات العينة للحوكمة. في حين استخدم لقياس التخطيط الضريبي النموذج المستخدم في مناقشات الإصلاح الضريبي والمعتمد في الدراسات والبحوث الضريبية، وذلك عبر تحليل القوائم المالية للشركات عينة الدراسة للتوصل إلى قياس متغيري الدراسة. أظهرت نتائج الدراسة عدم وجود أثر لحوكمة الشركات في التخطيط الضريبي. وخلص الى إستنتاجات كان أهمها: أن التقاطع الذي يمكن أن تحدثه حوكمة الشركات في القواعد الضريبية لايعود إلى قصور يشوب نظم الحوكمة، وإنما يعود إلى أن قواعد الضريبة تنطلق من فرضية " المصلحة العامة " فيما تنطلق مبادئ وقواعد حوكمة الشركات من فرضية " مصلحة المساهمين والمصلحة العامة " لذا برزت مشكلة عدم التوافق فيما بينهما لإختلاف وتعارض المصالح. كما توصلت الدراسة إلى أن الشركات ال...
Journal of Economics and Administrative Sciences
ان معرفة سلوك الاسهم العادية خلال الفواصل الزمنية المختلفة (الفصلية والسنوية)، يعد الخطوة الرئيسة في اختيار وإدارة مكونات محافظ استثمار الاسهم العادية، بما ينسجم مع ميول واتجاهات المستثمر نحو العائد والمخاطرة، وهذه محاولة لفهم سلوك الاسهم في بورصة عمان، لاستكشاف مدى التغير او الاستقرار في سلوكها، لغرض توظيفها من قبل مدراء المحافظ في تحديد الاستثمارات الدقيقة والمربحة التي تلبي طموحات المستثمر العربي في اختيار وادارة محافظة الاستثمارية