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207888

Debt Maturity Structure, Accounting Conservatism, and their Implications on Egyptian Firms 'Growth

Article

Last updated: 25 Dec 2024

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Abstract

This paper aims to investigate the impact of accounting conservatism on the listed Egyptian firms' growth. Moreover, it investigates the relation betweendebt maturity structure and accounting conservatismand their implications on firms' growth.The primary sample of the study comprises 88 non-financial firms listed in the EGX-100 index per year for six years (2013-2018), while the final sample consisted of 422 company-year observations after excluding observations with missing or insufficient data. Givoly and Hayn (2000) measure of accounting conservatism is applied.This measure is a firm-specific measure and reflects the accounting accruals in the following period.The findings showthat in emerging markets like Egypt, there is no significant relationship betweendebt maturity structure and accounting conservatism, suggesting that debt maturity structure is not a determinant of accounting conservatism within Egyptian firms. The study also finds that accounting conservatism has a significant negative impact on firms' growth rate and debt maturity structure does not enhance this impact.These results have important implications for policymakers, standard setters, and market participants in emerging economies.

DOI

10.21608/naus.2021.207888

Keywords

Accounting conservatism, Egyptian firms, Debt maturity structure, Firms’ growth

Authors

First Name

نسمة

Last Name

أحمد عبده حسين الشايب

MiddleName

-

Affiliation

جامعة القاهرة، کلية التجارة، قسم المحاسبة

Email

nesma_ahmed_elshayeb@foc.cu.edu.eg

City

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Orcid

0000-0002-6086-843X

Volume

10

Article Issue

3

Related Issue

29274

Issue Date

2021-12-01

Receive Date

2021-12-06

Publish Date

2021-12-01

Page Start

1

Page End

34

Print ISSN

2314-4793

Online ISSN

2314-4807

Link

https://naus.journals.ekb.eg/article_207888.html

Detail API

https://naus.journals.ekb.eg/service?article_code=207888

Order

1

Type

ابحاث اصیلة

Type Code

1,273

Publication Type

Journal

Publication Title

مجلة المحاسبة والمراجعه لاتحاد الجامعات العربيه

Publication Link

https://naus.journals.ekb.eg/

MainTitle

Debt Maturity Structure, Accounting Conservatism, and their Implications on Egyptian Firms 'Growth

Details

Type

Article

Created At

22 Jan 2023