Browsing by Author "Ismail, Tariq"
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Item The effect of corporate governance, dividend policy and informativeness of risk disclosure on the firm value: Egyptian evidence(Inderscience Enterprises Ltd., 2022) Ismail, Tariq; El-Deeb, Mohamed SamyThis paper aims at investigating the effect of corporate governance mechanisms, dividend policy and the risk disclosure level on firm value in Egypt using a sample of annual reports of listed companies (EGX30) of the years 2013–2019. The findings suggest that: 1) the CEO duality shows a significant positive effect on the firm value, while the board independence and board size have an insignificant effect on the firm value; 2) risk disclosure level allows investors to better predict future earnings growth. Furthermore, dividend policy and risk disclosure informativeness are significantly affecting the firm’s ability to raise money and its value in a positive direction. This paper sheds lights on the main obstacles and benefits that can face the Egyptian listed companies in complying with the Egyptian code of the corporate governance and the disclosure requirements raised by the Egyptian Financial Regulatory Authority, and its magnitude on the firm value. Copyright © 2022 Inderscience Enterprises Ltd.