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| 003 | EG-GiCUC | ||
| 005 | 20250223031802.0 | ||
| 008 | 170905s2016 ua f m 000 0 eng d | ||
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_aEG-GiCUC _beng _cEG-GiCUC |
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| 041 | 0 | _aeng | |
| 049 | _aDeposite | ||
| 097 | _aPh.D | ||
| 099 | _aCai01.05.02.Ph.D.2016.Kh.C | ||
| 100 | 0 | _aKholoud Abdelkareem Mahmoud Hussein | |
| 245 | 1 | 0 |
_aConservative accounting before equity offerings and its implications on stock returns : _bAn empirical study on the Egyptian stock market / _cKholoud Abdelkareem Mahmoud Hussein ; Supervised Ashraf Mahmoud Kadry Elsharkawy , Hala Abdelnaby Abdelfattah |
| 246 | 1 | 5 |
_aسياسة التحفظ المحاسبى قبل طرح الأسهم للإكتتاب العام و إنعكاس ذلك على عوائد الأسهم : _bدراسة علمية على سوق الأوارق المالية المصرية |
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_aCairo : _bKholoud Abdelkareem Mahmoud Hussein , _c2016 |
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_a139 Leaves ; _c30cm |
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| 502 | _aThesis (Ph.D.) - Cairo University - Faculty of Commerce - Department of Accounting | ||
| 520 | _aThe main objective of this research is to examine the impact of conservative financial reporting on the announcement effect of secondary public offerings (SPO) in the Egyptian stock market. Specifically, this research aims to investigate empirically: first; the market reaction to the announcement of SPO, second; the individual effects of each type of accounting conservatism- conditional and unconditional conservatism-on the firm's stock performance at the announcement of SPO, and finally; the relationship between accounting conservatism and information asymmetry. The empirical data were drawn from a sample of 79 SPOs for the period 2006- 2014 in the Egyptian Exchange. The event study methodology and multiple regression analysis are used to test the research hypotheses. The results indicate that: first, there is a significant negative abnormal return around the announcements of SPOs. Second, there is a positive association between accounting conservatism and the SPO announcement returns. Third, the relationship between accounting conservatism and SPO announcement returns is more pronounced for firms with high information asymmetry. Finally, conservatism is an efficient mechanism that mitigates information asymmetry problems. The research findings support the proponents of accounting conservatism who argue that the absence of conservatism will harm the financial reporting quality | ||
| 530 | _aIssued also as CD | ||
| 653 | 4 | _aAccounting conservatism | |
| 653 | 4 | _aInformation asymmetry | |
| 653 | 4 | _aSecondary public offerings | |
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_aAshraf Mahmoud Kadry Elsharkawy , _eSupervisor |
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| 700 | 0 |
_aHala Abdelnaby Abdelfattah , _eSupervisor |
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| 856 | _uhttp://172.23.153.220/th.pdf | ||
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_aNazla _eRevisor |
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_aSamia _eCataloger |
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_2ddc _cTH |
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