Title:
THE RELATIONSHIP BETWEEN CORPORATE GOVERNANCE SCORECARD INDEX AND LEVEL OF ADMINISTRATIVE CORRUPTION "AN EMPIRICAL STUDY ON THE LISTED AND UNLISTED EGYPTIAN COMPANIES"

Authors:
Soad Khamis Ali

Volume - 2 Issue - 4, Pages - 3093-3117

Abstract:
This study aims to examine the relationship between corporate governance scorecard index and level of administrative corruption. This was inspired by several firm's failure after the recent financial crisis. This effects prevailed even to the capital markets of developing countries as the Egyptian market. Which attracted the attention of the researcher to study the relationship between the corporate governance scorecard and administrative corruption in Egyptian companies. The corporate governance scorecard is a tool for combining financial accounting, management accounting and audit with the aim of implementing, monitoring and monitoring international best practices in corporate governance. Which may help companies to reduce the level of administrative corruption in companies. Especially in environment of high uncertainty and emerging capital markets as in the Egyptian market. The Study uses nonparametric tests to investigate this relationship. The sample consists of 45 firms listed and unlisted in the Egyptian market for the year 2016, where corporate governance scorecard is measured by Egyptian Corporate Governance Index issued by the Egyptian Financial Supervisory Authority in 2016. While administrative corruption is measured by corruption survey. The relationship tested using nonparametric tests. The results reveals significant relationship between corporate governance scorecard and administrative corruption in listed and unlisted Egyptian companies.

Cite this Article:

[Ali, Soad Khamis. "THE RELATIONSHIP BETWEEN CORPORATE GOVERNANCE SCORECARD INDEX AND LEVEL OF ADMINISTRATIVE CORRUPTION "AN EMPIRICAL STUDY ON THE LISTED AND UNLISTED EGYPTIAN COMPANIES"." International Journal of Social Science & Economic Research 2.4 (2017): 3091-117. ]