Download or read book The Relationship Between Corporate Governance Mechanism and Company Attributes and Accounting Conservatism of Jordanian Listed Companies written by Dea'a Al-Deen Omar Nawwaf Al-Sraheen and published by . This book was released on 2014 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Effect of Corporate Governance and Company Attribute on the Financial Reporting Timeliness written by Saifalislam Khaled Mohammad Al Qudah author and published by . This book was released on 2015 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this study is to examine the effect of corporate governance and company size as well as the factors that affect on financial reporting timeliness in the Jordanian listed company in Amman Stock Exchange in the Kingdom of Jordan. The study applied agency theory and formulated four hypotheses that guides the analysis. The study sample comprised 250 Jordanian listed companies from Amman Stock Exchange.

Download or read book The Impact of Corporate Governance and Ownership Structure on Performance and Financial Decisions of Firms written by Khaldoun Abd Allh Mahmoud Alwshah and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Jordanian Corporate Governance Framework and Mechanisms written by Abdullah Ash-shuayree Alkhawaldeh and published by LAP Lambert Academic Publishing. This book was released on 2013 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much book has been conducted into corporate governance, but these have largely been directed at developed markets and they have not generally been focused on the impact of good corporate governance practices and procedures on firms' performance. The primary focus of this book is to address this issue through corporate governance on the Jordan environment. Good corporate governance practices in Jordan may provide a means of enhancing its competitiveness to attaining high level of disclosure which in turn will lead investors to increase their investments in the Jordanian companies. The last decade has seen Jordanian corporations apply principles of corporate governance, consistent with western countries to monitor their activities and increase the number of their investors.

Download or read book Earnings Management and Its Relationship with Corporate Governance Mechanisms in Jordanian Industrial Firms written by Adel K. Almasarwah and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Corporate Governance and Accounting Scandals written by Anup Agrawal and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper empirically examines whether certain corporate governance mechanisms are related to the probability of a company restating its earnings. We examine a sample of 159 U.S. public companies that restated earnings and an industry-size matched sample of control firms. We have assembled a novel, hand-collected dataset measuring corporate governance characteristics of these 318 firms. We find that several key governance characteristics are unrelated to the probability of a company restating earnings. These include the independence of boards and audit committees, and the provision of non-audit services by outside auditors. We find that the probability of restatement is lower in companies whose boards or audit committees have an independent director with financial expertise; it is higher in companies where the CEO belongs to the founding family. These relations are statistically significant, large in magnitude, and robust to alternative specifications. Our findings are consistent with the idea that independent directors with financial expertise are valuable in providing oversight of a firm's financial reporting practices.

Download or read book Corporate Governance and Company Attributes on the Financial Reporting Timeliness written by Ikbar Pratama and published by . This book was released on 2015 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Corporate Governance and Earnings Management written by Mohammed Al-Ta'amneh and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The world has witnessed a series of corporate accounting scandals. Earnings management, as a phenomenon at the core of these scandals, is one of the main challenges confronting the effectiveness of different monitoring mechanisms such as corporate governance. Recently, and more precisely after the financial crises of 2008 2009, Jordan has shown substantial interest in integrating the pillars of corporate governance. Therefore, this research examines the effect of corporate governance mechanisms on earnings management activities among all publicly listed commercial banks on the Amman Stock Exchange (ASE) during the period 2013-2018. Earnings management was measured by the modified Jones' model. The characteristics examined are board size, CEO duality, board independence, managerial ownership, institutional ownership, audit committee size, audit committee independence and audit committee activity. In addition, two control variables have been used: firm size and firm performance. The findings of the study reveal that earnings management has a significant positive relationship with both board size and institutional ownership, and a significant negative relationship with total assets.

Download or read book Corporate Governance in Arab Countries written by Georg Binder and published by GRIN Verlag. This book was released on 2011-07-19 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diploma Thesis from the year 2009 in the subject Business economics - Business Management, Corporate Governance, grade: Sehr Gut, University of Vienna, language: English, abstract: English: In today ́s business world corporate governance has become one of the most discussed and most important matters. Corporate governance criteria have been put right in the middle of investment decisions - especially in emerging markets. In addition to that, a series of events like business scandals, financial crises or business failures in the last 20 years has made corporate governance a key point in the business community in emerging markets, developing countries and economies in transition. There exists no general definition for the term corporate governance. Basically it can be viewed as a set of principles and rules by which a company is directed and controlled. Many countries have developed good corporate governance principles to improve the relationship between the shareholders of a company and the management. Factors like financial disclosure, more rights for shareholders and independent boards are crucial for investors who are looking for a stable growth of companies. Countries in the MENA region have put the implementation of such sound corporate governance codes in the middle of their agenda. Their aim is to create better economies and consequently a more attractive investment climate for possible investors in the future. This thesis tries to give the reader an insight into today ́s state of corporate governance in the Middle East and North Africa countries. The discussion is based on a survey which has been undertaken by the Hawkamah Institute for corporate governance in Dubai which focuses on the establishment of good corporate governance codes in this region.

Download or read book The Relationship Between Company Characteristics and the Extent of Compliance with International Financial Reporting Standards in the Annual Reports of Listed Egyptian Companies written by Khaled Samaha and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this paper is to examine various determinants of compliance with IASs using a significantly larger and more random representative sample of 281 Egyptian listed annual reports. The analysis is extensive, including the use of relative total and partial indices. The multivariate analysis of the impact of micro level firm-specific determinants supports the proposition that these firms' compliance is responsive to specific attributes of their environment. However, professionalism as measured by the type of auditor (proxy for agency and signalling theories), internal corporate governance factor as measured by ownership concentration (proxy for agency theory) and structure as measured by market capitalization (proxy for agency theory) dominate with respect to the overall explanatory power for variations in compliance levels with IASs disclosure and measurement/presentation practices (mandatory and voluntary). Although, the findings are consistent with the predictions of capital need theory (as measured by internationality and share trading), political process theory (as measured by size and internationality) and signalling theory (as measured by type of auditor and market capitalization), however, the effect of these three theories is not clear, as the analysis point that lack of profitability, liquidity and leverage of the firm do not seem to affect the extent of its compliance with EASs (this limits the support for signalling theory and political costs), and the performance of manufacturing are at par with non-manufacturing firms as far as the extent of the compliance is concerned (this limits the support for political process and signalling theories). Also the performance of private sector firms is at par with public sector firms as far as the extent of the compliance is concerned (this limits the support for capital need theory). This may indirectly imply that the positive accounting perspective may not be entirely applicable for de facto compliance in Egypt. Hence, it cannot be entirely inferred that listed Egyptian companies may use de facto compliance with IASs as a mean of raising capital, reducing political costs or signal to the market that they are high quality firms.

Download or read book Corporate Governance in Arab Countries written by Georg Binder and published by GRIN Verlag. This book was released on 2011-07 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diploma Thesis from the year 2009 in the subject Business economics - Business Management, Corporate Governance, grade: Sehr Gut, University of Vienna, language: English, abstract: English: In today ́s business world corporate governance has become one of the most discussed and most important matters. Corporate governance criteria have been put right in the middle of investment decisions - especially in emerging markets. In addition to that, a series of events like business scandals, financial crises or business failures in the last 20 years has made corporate governance a key point in the business community in emerging markets, developing countries and economies in transition. There exists no general definition for the term corporate governance. Basically it can be viewed as a set of principles and rules by which a company is directed and controlled. Many countries have developed good corporate governance principles to improve the relationship between the shareholders of a company and the management. Factors like financial disclosure, more rights for shareholders and independent boards are crucial for investors who are looking for a stable growth of companies. Countries in the MENA region have put the implementation of such sound corporate governance codes in the middle of their agenda. Their aim is to create better economies and consequently a more attractive investment climate for possible investors in the future. This thesis tries to give the reader an insight into today ́s state of corporate governance in the Middle East and North Africa countries. The discussion is based on a survey which has been undertaken by the Hawkamah Institute for corporate governance in Dubai which focuses on the establishment of good corporate governance codes in this region.

Download or read book Accounting Disclosure Financial Transparency Ownership Structure and Corporate Governance written by Abdullah A. K. Al-Khawaaldah Bani Hasan and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Creditworthiness is a quality that is important to all stakeholders of an organisation, especially bondholders. It is posited that good corporate governance practices assist the confidence that stakeholders have in an organization's ability to generate the strong cash flows that are needed to meet financial obligations, which in turn should enhance credit risk assessments. Much research has been conducted into rating assessments, but these have largely been directed at developed markets and they have not generally been focused on the impact of good corporate governance practices and procedures. The primary focus of this research is to address this issue through an investigation into the impact of key factors upon the credit risk assessments of listed companies on the Amman Stock Exchange (ASE) in Jordan, as assessed by World'vest Base Inc. (WVB) credit risk assessment scores for Jordanian companies between 2005 and 2007 inclusively. Drawing upon insights from agency (including management disciplining and wealth redistribution hypotheses), stewardship, stakeholder, signalling, legitimacy and the diffusion of innovation theories, this thesis investigates the determinants of WVB credit risk assessments of Jordanian firms under five headings: accounting and financial aspects, market and regulatory perspectives, influence of ownership structure, financial transparency/disclosure and corporate governance factors. To achieve this, an array of modelling techniques is used in order to provide a more comprehensive picture. They include bivariate analysis, one-way analysis of variance, ordinary least square regressions for numerical scores, binary logistic regressions, and ordinal logistic regression. The results demonstrate that accounting and financial factors have a significant impact on credit risk assessments but not capital intensity. Profitability is positively associated with credit risk assessments, while leverage and loss propensity have a negative association. With respect to market and regulatory factors, size and Tobin's Q are positively associated with credit risk assessments. By contrast type of sector and audit are not related to credit risk assessments. Foreign ownership enhances ratings, whilst institutional ownership has a negative impact. Also, insider ownership and family ownership have some importance. It was surprising to find that whilst financial transparency and disclosure variables are significantly associated positively with credit risk assessments in some models, they were generally not significant across other models. Nevertheless, the study finds empirical evidence to support a degree of association between credit risk assessments and corporate governance factors. There is also a positive association between board size and credit risk assessments, but the most important aspect of corporate governance for Jordanian firms is board expertise. The originality of this thesis also embraces the inclusion not only of externally published WVB risk assessments in the Jordanian context, but also internal numerical ratings that were made available with kind permission from the WVB agency for the purposes of this research. The question is whether there are insights that can be gained from such internal ratings that have not hitherto been made available to other researchers. The answer is in the affirmative, for role duality on the board of directors is evidently more important to WVB's own internal numerical rating assessments than is evidenced by the WVB externally published credit risk assessments. Specifically, the significance of corporate governance (role duality) is missed by multivariate models that are based solely on externally published data. Furthermore, financial transparency and disclosure variables reveal more (albeit moderate) support for the more refined internal scores of WVB than for the external assessment ratings. Finally, family ownership is also important to WVB's internal scores. Thus, this research has enabled deeper insights to be gained into credit risk assessment determinants within the Jordanian context.

Download or read book The Relationships Between Corporate Governance Mechanisms Earnings Management and Future Operating Performance written by Lara Mohammad Al Haddad and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Governance Mechanisms and Agency Conflicts Between Managers and Shareholders written by Thanh Truong and published by . This book was released on 2013 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper focuses on the links that exist between corporate governance attributes and equity agency conflicts for the top 500 Australian listed firms. Our proxies for equity agency conflicts (asset utilisation and discretionary operating expense ratios) vary significantly across firms and are generally lower than those for large U.S. firms and U.K. firms. Consistent with previous studies, inside ownership, board size, board leadership and short-term debt financing, are positively related with efficient use of assets, but not with reduced discretionary operating expenses. There is evidence of a non-linear relation between the measures of efficiency and both inside ownership and board size.

Download or read book A Study of the Relationship Between Changes in the Corporate Governance Mechanism CEO Turnover and Performance in Declining Firms written by Ashay Bhalchandra Desai and published by . This book was released on 1998 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Corporate Governance Strengthening Latin American Corporate Governance The Role of Institutional Investors written by OECD and published by OECD Publishing. This book was released on 2011-07-01 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report reflects long-term, in-depth discussion and debate by participants in the Latin American Roundtable on Corporate Governance.

Download or read book Earnings Quality written by Jennifer Francis and published by Now Publishers Inc. This book was released on 2008 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review lays out a research perspective on earnings quality. We provide an overview of alternative definitions and measures of earnings quality and a discussion of research design choices encountered in earnings quality research. Throughout, we focus on a capital markets setting, as opposed, for example, to a contracting or stewardship setting. Our reason for this choice stems from the view that the capital market uses of accounting information are fundamental, in the sense of providing a basis for other uses, such as stewardship. Because resource allocations are ex ante decisions while contracting/stewardship assessments are ex post evaluations of outcomes, evidence on whether, how and to what degree earnings quality influences capital market resource allocation decisions is fundamental to understanding why and how accounting matters to investors and others, including those charged with stewardship responsibilities. Demonstrating a link between earnings quality and, for example, the costs of equity and debt capital implies a basic economic role in capital allocation decisions for accounting information; this role has only recently been documented in the accounting literature. We focus on how the precision of financial information in capturing one or more underlying valuation-relevant constructs affects the assessment and use of that information by capital market participants. We emphasize that the choice of constructs to be measured is typically contextual. Our main focus is on the precision of earnings, which we view as a summary indicator of the overall quality of financial reporting. Our intent in discussing research that evaluates the capital market effects of earnings quality is both to stimulate further research in this area and to encourage research on related topics, including, for example, the role of earnings quality in contracting and stewardship.