International Journal of Social Science & Economic Research
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Title:
MODERATING VARIABLES OF THE RELATIONSHIP BETWEEN CAPITAL STRUCTURE AND ACCOUNTING CONSERVATISM: ANEMPIRICAL STUDY ON LISTED COMPANIES ON THE EGYPTIAN STOCK EXCHANGE

Authors:
Samar fathy abdelgawad

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Samar fathy abdelgawad
Research Scholar, Department of Accounting and Auditing, Faculty of commerce, Damanhur University, Egypt

MLA 8
Abdelgawad, Samar fathy. "MODERATING VARIABLES OF THE RELATIONSHIP BETWEEN CAPITAL STRUCTURE AND ACCOUNTING CONSERVATISM: ANEMPIRICAL STUDY ON LISTED COMPANIES ON THE EGYPTIAN STOCK EXCHANGE." Int. j. of Social Science and Economic Research, vol. 4, no. 6, June 2019, pp. 4372-4394, ijsser.org/more2019.php?id=335. Accessed June 2019.
APA
Abdelgawad, S. (2019, June). MODERATING VARIABLES OF THE RELATIONSHIP BETWEEN CAPITAL STRUCTURE AND ACCOUNTING CONSERVATISM: ANEMPIRICAL STUDY ON LISTED COMPANIES ON THE EGYPTIAN STOCK EXCHANGE. Int. j. of Social Science and Economic Research, 4(6), 4372-4394. Retrieved from ijsser.org/more2019.php?id=335
Chicago
Abdelgawad, Samar fathy. "MODERATING VARIABLES OF THE RELATIONSHIP BETWEEN CAPITAL STRUCTURE AND ACCOUNTING CONSERVATISM: ANEMPIRICAL STUDY ON LISTED COMPANIES ON THE EGYPTIAN STOCK EXCHANGE." Int. j. of Social Science and Economic Research 4, no. 6 (June 2019), 4372-4394. Accessed June, 2019. ijsser.org/more2019.php?id=335.

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Abstract:
The purpose of this paper is to examine the effect of capital structure on the level of accounting conservatism and the impact of operational characteristics of the firm (firm age - firm size) and auditor characteristics (auditor retention- audit firm size- industrial specialization), as moderating variables on the previous relationship. This study uses simple regression model to test the relationship between capital structure and accounting conservatism and multiple regression model to investigate the effect of moderating variables on this relationship. The population of the study consists of all firms listed in the Egyptian Stock Exchange during the period 2012-2017. The sample consists of 82 firms and the number of observations are 530 firm- year observations. Findings of the study showed that equity financing has a significant negative impact on the level of accounting conservatism, and there is also a significant effect of firm size, while there is insignificant effect of firm age on the previous relationship, and there is insignificant effect of auditor characteristics (auditor retention- audit firm size- industrial specialization) on this relationship.