التفاصيل البيبلوغرافية
| العنوان: |
The impact of corporate governance mechanisms on corporate failure: an empirical evidence from Palestine Exchange. |
| المؤلفون: |
Nour, Abdulnaser Ibrahim, Najjar, Mohammad, Al Koni, Saed, Abudiak, Abullateef, Noor, Mahmoud Ibrahim, Shahwan, Rani |
| المصدر: |
Journal of Accounting in Emerging Economies; 2024, Vol. 14 Issue 4, p771-790, 20p |
| مصطلحات موضوعية: |
CORPORATE bankruptcy, CORPORATE governance, BOARDS of directors, INFERENTIAL statistics, AUDIT committees, INSTITUTIONAL ownership (Stocks) |
| مصطلحات جغرافية: |
PALESTINE |
| مستخلص: |
Purpose: The purpose of this research is to examine the impact of governance mechanisms on corporate failure. Design/methodology/approach: This study used a hypothesis-testing research design to collect data from the annual reports of 35 companies listed on Palestine Exchange from 2010 to 2019. Descriptive and inferential statistics were employed, along with correlation analysis to evaluate linear relationships between variables. The variance inflation factor was used to test multicollinearity, and binary logistic regression was utilized to develop the research model. Findings: There is a significant positive relationship between board of directors' independency, institutional ownership and the quality of external audit, and corporate failure reduction. No significant relationship has been found among corporate governance variables such as board size, board meetings' frequency, board members' remuneration and audit committee existence, and corporate failure reduction. Research limitations/implications: Several empirical research studies have developed models to predict corporate failure using accounting and financial data. However, limited research has empirically investigated the impact of the different mechanisms of governance on corporate failure prediction. Practical implications: The research highlighted the significance of companies' commitment to governance principles and their impact on predicting failure. The study suggests that decision-makers and managers can adopt different governance mechanisms to support corporate success and avoid those that may lead to negative consequences and failure. Originality/value: This research is the first in Palestine to use a comprehensive list of corporate governance mechanisms to predict the failure of companies listed on the Palestine Stock Exchange between 2010 and 2019. [ABSTRACT FROM AUTHOR] |
|
Copyright of Journal of Accounting in Emerging Economies is the property of Emerald Publishing Limited and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) |
| قاعدة البيانات: |
Complementary Index |
Full Text Finder