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العنوان
Normative accounting analyses based on principal components to rectify misdirections of codes of corporate governance :
الناشر
Essam Mohamed Raafat ,
المؤلف
Essam Mohamed Raafat
هيئة الاعداد
باحث / Essam Mohamed Raafat
مشرف / Abdelmoneim Awadallah
مناقش / Mohamed El-Said Seddik Abul-Ezz
مناقش / Magdy Gamal Abdel-Kader
تاريخ النشر
2018
عدد الصفحات
314 Leaves ;
اللغة
الإنجليزية
الدرجة
الدكتوراه
التخصص
المحاسبة
تاريخ الإجازة
6/3/2018
مكان الإجازة
جامعة القاهرة - كلية التجارة - Accounting
الفهرس
Only 14 pages are availabe for public view

from 325

from 325

Abstract

The application of corporate governance is a current requirement and a need by various stakeholders.However, the major advantages derived by the application of a code corporate governance may be lost due to the misdirection in selecting the mechanisms to be included in the code of corporate governance, whether internal mechanisms or external mechanisms.The core aim of the present research is an attempt to evaluate the mechanisms included in the Egyptian Code of Corporate Governance for Private Sector Corporations using the Principal Components Analysis, and to demonstrate the appropriateness or the inappropriateness of these mechanisms according to the results.The analysis is conducted using the data extracted from the corporate governance index S&P/EGX ESG utilized by the Egyptian Stock Exchange.The results of the tests indicated that the use of the Principal Component Analysis organized the mechanisms in bundles, which assisted in the inclusion of highly correlated mechanisms in a proposed index, while excluding the low correlated mechanisms from a proposed index. A weighting system is then proposed for the corporate governance mechanisms included in the resulted bundles, in order to organize the mechanisms according to the relative importance and/or effect on the corporate governance performance of a corporation