Transparency and disclosure as an internal corporate governance mechanism and corporate performance: Egypt’s case

  • Hassouna D
  • Ouda H
  • Hussainey K
N/ACitations
Citations of this article
26Readers
Mendeley users who have this article in their library.

Abstract

Our paper aims to examine the impact of an “objective” measure for the quality of transparency and disclosure practice that is extracted from the Egyptian corporate governance guidelines on the performance of a selected sample of 85 Egyptian listed companies. We use mixed methods (i.e. content analysis, regression analysis, questionnaires and interviews) to test the relationship between the transparency and disclosure index and corporate performance for the period 2006-2010. We found no significant relationship between transparency and disclosure practice and corporate performance. Our results suggest that governance mechanisms such as transparency and disclosure practices are considered to be just ink on paper without any actual value added adopting corporate governance in Egypt.

Cite

CITATION STYLE

APA

Hassouna, D., Ouda, H., & Hussainey, K. (2017). Transparency and disclosure as an internal corporate governance mechanism and corporate performance: Egypt’s case. Corporate Ownership and Control, 14(4), 182–195. https://doi.org/10.22495/cocv14i4c1art1

Register to see more suggestions

Mendeley helps you to discover research relevant for your work.

Already have an account?

Save time finding and organizing research with Mendeley

Sign up for free