منابع مشابه
Accounting Disclosure in Companies Listed on the Egyptian Stock Exchange
Knowledge can be transferred and imported across international borders. However, recent research shows that local cultures may affect the acceptance and application of such imported knowledge content. Egypt's adoption of IAS in 1996 provides an excellent opportunity to examine how conflicts between imported accounting standards and a nation's cultural values affect implementation of the new sta...
متن کاملDisclosure and minority expropriation: A study of French listed firms
In this paper we examine the influence of minority expropriation on disclosure level in France where shareholders are poorly protected and the main agency problem is the one between controlling and minority shareholders (type II conflict) while prior studies have been undertaken in the United States, in a context of ownership dispersion and high investor protection where the main agency conflic...
متن کاملFinancial Reform and Financing Decisions of Listed Firms in Zimbabwe
We examine the impact of the economic reform programme on the financing choices of Zimbabwean listed companies. Using the published accounts of a sample of companies we show that listed firms rely heavily on external finance, especially short term bank financing. We estimate an eclectic econometric model of firms’ capital structure based on key predictions from the theory of finance, augmented ...
متن کاملFinancial constraints and investment decisions of listed Indian manufacturing firms
Results: The analysis finds that cash flow sensitivity is a valid measure of financial constraints in the Indian manufacturing sector. Results according to splitting criteria found that investment decisions of standalone firms are more sensitive to cash flow than group affiliated firms. Further, splitting the firms according to market capitalization and tangible net worth reveals a higher degre...
متن کاملFirm Ownership and Performance: Evidence for Croatian Listed Firms
Using data of listed Croatian firms from the Zagreb Stock Exchange we analyze the relationship between firm ownership (ownership concentration and type) and performance (ROA). Empirical research was conducted for the period 2003-2010, yielding with the total of 1,430 observations. Empirical findings based on dynamic panel analysis indicate that ownership concentration variable CR4 is negatively...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2005
ISSN: 1556-5068
DOI: 10.2139/ssrn.757266