 Governance mechanisms and earnings management practices: evidence from EgyptAhmed Abousamak and Tamer Shahwan International Journal of Corporate Governance, 2018, vol. 9, issue 3, 316-346 Abstract: This study develops an aggregate corporate governance index (ACGINX) composed of four individual corporate governance (CG) indices - disclosure and transparency index, board of directors index (BoDINX), shareholders' rights and investor relations index and ownership and control structure index - to investigate the assumed effect of each sub-index and the ACGINX on mitigating the practices of earnings management in the Egyptian context during 2008-2016. In addition to the effect of board size, institutional ownership, and ownership concentration, the current study executes panel data analysis to regress the practices of earnings management on the above-mentioned CG mechanisms. It does so after controlling for seven variables that may affect this relationship, i.e., firm size, leverage, state ownership, losses, book-market ratio, type of audit report, and year effect. The results are inconclusive, showing traded-off significant relationships among control variables and earnings management practices assessed via different earnings management measures. Keywords: corporate governance; earnings management; Egypt; emerging market; panel data analysis. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijcgov:v:9:y:2018:i:3:p:316-346 Access Statistics for this article More articles in International Journal of Corporate Governance from Inderscience Enterprises Ltd |
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