The Impact of Financial Leverage and CSR on the Corporate Value: Egyptian Case

Yasmeen Tarek

International Journal of Economics and Finance, 2019, vol. 11, issue 4, 74-81

Abstract: The study aimed to analyze the effect of the capital structure of the corporate and its interference in corporate social responsibility activities on the firms corporate value during the time period from 2014-2017 the study tested the effect of financial leverage and CSR on the corporate value of the firms by testing 17 companies registered in the indicator of CSR in the Egyptian stock market through applying panel data analysis. After testing the effect of both variables together the study found that there is significant effect of financial leverage on corporate value while applying CSR activities has no effect on the corporate values which means that there is a lack in the awareness of investors about the importance of applying CSR activities in Egypt.

Keywords: financial leverage; corporate social responsibility; corporate value; S&P Egypt in the Egyptian stock market (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ibn:ijefaa:v:11:y:2019:i:4:p:74-81

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