Abstract:
The purpose of the paper is to measure impact of three
determinants on the firm performance using the earnings quality
as an intermediary variable. The three determinants measured in
this research are firm specific return volatility, earnings
management, and the corporate governance. The research is
applied in the Egyptian stock exchange market, using the
constituents of its most active index that is the EGX30 during the
time frame 2010-2017. The data have been analyzed by using
statistical techniques, like the Jarque-Bera Test, Pearson
correlation, and structure equation modeling. The results of the
statistical analysis approved the research hypotheses by proving
the association among firms’ specific return volatility, earnings
management, corporate governance, on firms’ stock performance
in the Egyptian stock exchange market, using the earning quality
as an intermediary variable