The Impact of Female Monitoring Effect and Executive Effect on Corporate Performance

PurposeSuccess in corporate relative performance is one of the factors for the growth and durability of firms. Since the relative performance is a function of managers' decisions and such decisions are under the influence of behavioral and psychological characteristics, this paper aims to assess the managers’ and auditors’ narcissism's effect on the management team's stability relative to corporate performance.Design/methodology/approachThis paper has used the signature magnitude for examining narcissism and the regression model of Jenter and Kanaan (2015) for assessing relative corporate performance. The logistic regression is used to test the model of the management team's stability, and the multivariate regression is used to test the model of relative corporate performance. Research hypotheses were also examined using a sample of 768 listed year-companies on the Tehran Stock Exchange during 2012–2017 and by employing a panel data approach and fixed effects method.FindingsThe obtained results show a negative and significant relationship between managers' and auditors' narcissism and the management team's stability. The relationship between the narcissism of managers and auditors and relative corporate performance is positive and significant. Moreover, managers' narcissism positively and significantly impacts the relationship between auditors' narcissism and team management stability. A negative and significant relationship is evident between auditors’ narcissism and relative corporate performance.Originality/valueThis study's results can identify the effect of psychological components such as narcissism on people's performance by directing and influencing their decisions. Many studies have been conducted on narcissism, but none of them have examined the impact auditors’ and managers' narcissism has on the management team's stability and the corporate relative performance. Therefore, considering the importance of success in the corporate relative performance and benefits of the management team's stability, this study's results can reveal the importance of such features in accounting research. Also, the results of this research can make it important to know more about financial behavioral theory.

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The Impact of Overinvestment, Moderate Investment, Underinvestment and Industrial Characteristics on Corporate Performance

Korean Accounting Journal ◽

10.24056/kaj.2020.11.004 ◽

2021 ◽

Vol 30 (1) ◽

pp. 1-45

Author(s):

Jinhee Park ◽

Cheolkyu Hong

Keyword(s):

Corporate Performance ◽

The Impact

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Gender diversity and governance: Analysis of Italian listed companies

Corporate Ownership and Control ◽

10.22495/cocv17i4siart10 ◽

2020 ◽

Vol 17 (4, Special Issue) ◽

pp. 329-338

Author(s):

Graziella Sicoli ◽

Giovanni Bronzetti ◽

Dominga Ippolito ◽

Giada Leonetti

Keyword(s):

Corporate Performance ◽

Positive Impact ◽

Stock Exchange ◽

Gender Diversity ◽

Corporate Board ◽

Italian Law ◽

Governance Analysis ◽

Female Presence ◽

Underrepresentation Of Women ◽

The Impact

In recent years, many countries have adopted different legislative and self-regulatory initiatives to be able to tackle the problem of the underrepresentation of women on boards. Also, Italy with Law No. 120/2011 introduced the gender issue adopting the normative that 1/3 of the elected members would be women. In this job, a primary aim was to study over the period 2016/2018 the impact of female presence on boards of 50 companies listed on the Italian Stock Exchange. In depth, our results confirm that Italian Law has produced significant effects on the composition of the corporate board. The result of our study shows that women positively influence corporate performance, this is perfectly in line with the literature on gender diversity. The contribution of the work is that the empirical study conducted on the 50 companies listed on the Milan Stock Exchange allows confirming what has been claimed in the literature and that is the importance of the female presence on the boards. An immediate reading of the data allows us to confirm that the female presence in corporate governance has a positive impact on corporate performance and productivity.

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The Impact of Accounting Conservatism on Corporate Performance Indicators in Egypt

International Journal of Business and Management ◽

10.5539/ijbm.v14n10p1 ◽

2019 ◽

Vol 14 (10) ◽

pp. 1

Author(s):

Hanaa A. El-Habashy

Keyword(s):

Performance Indicators ◽

Corporate Performance ◽

Positive Impact ◽

Accounting Conservatism ◽

Return On Assets ◽

Return On Equity ◽

Accounting Performance ◽

Conservative Accounting ◽

The Impact ◽

Positive Effect

This study aims to investigate the impact of conservative accounting on corporate performance indicators of Egyptian firms. A sample of balanced data for the 40 most active non-financial companies was collected in the period 2009-2014 to test hypotheses. Panel regression models were used for data analysis. Givoly & Hayn (2000) indicator is used as a benchmark for measuring accounting conservatism. The corporate performance indicators used in this study are return-on-assets (ROA) and return on equity (ROE) representing accounting performance measures, as well as Tobin’s Q which measures market performance. The results of the research show that accounting conservatism has a significant positive impact on corporate performance indicators. This reflects the positive effect of corporate performance on shareholders that leads to a strong corporate financial position. To the best of our knowledge, no study has been conducted in Egypt as an emerging economy.

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The Impact of Corporate Performance on Mental Accounting and Loss Aversion in Financial Decisions

International Journal of Financial Research ◽

10.5430/ijfr.v12n4p259 ◽

2021 ◽

Vol 12 (4) ◽

pp. 259

Author(s):

Mona Hassabelrasoul Mohammad ◽

Dalal Mohamed Ebrahim Mohamed ◽

Elsaid Abd Elazim Tolba Elsharkawi

Keyword(s):

Graduate Students ◽

Real Estate ◽

Loss Aversion ◽

Corporate Performance ◽

Mental Accounting ◽

Organization Performance ◽

Financial Decisions ◽

Real Estate Company ◽

The Impact

This study investigates the effect of the organization performance on two psychological biases, mental accounting and aversion to loss, on financial decisions to both investors and managers. To achieve this, two experiments are conducted. The first experiment consists of 40 graduate students as investors, while the second one consists of 40 accountants in a real estate company as managers. The results of the study indicate that the performance of companies impacts both mental accounting and aversion to loss of investors, whereas the performance of companies affects the mental accounting of managers in making their financial decisions but does not affect the aversion to loss.

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The impact of firms’ and CEOs’ social media usage on corporate performance

Investment Management and Financial Innovations ◽

10.21511/imfi.18(4).2021.03 ◽

2021 ◽

Vol 18 (4) ◽

pp. 21-35

Author(s):

Wafa Ghardallou

Keyword(s):

Social Media ◽

Corporate Performance ◽

Stock Exchange ◽

Estimation Method ◽

Annual Reports ◽

Short Term ◽

Listed Firms ◽

Media Usage ◽

Funding Program ◽

The Impact

The impact of social media usage on corporate performance has not been examined in the Saudi context. This paper aims to investigate the influence of social media, namely companies’ and CEOs’ involvement in Twitter and LinkedIn, on the profitability of Saudi Arabia listed firms. A dynamic panel estimation method is used to empirically assess this relationship. The study employs 120 firms listed on the Saudi Stock Exchange Tadawul from 2014 to 2017. Data are obtained from the companies’ annual reports. Statements of financial status as well as income statements are used to collect data on the dependent variable and control variables. The results show that having a LinkedIn official account by both the CEO and the company does not improve the enterprise performance. In contrast, companies that are active on Twitter will contribute to an increase in their short-term performance. CEOs who engage in Twitter via a high number of followers help to boost the performance of their companies in the long and short term. Hence, this paper recommends that Saudi firms should be aware that their performance could be increased by monitoring their presence on social networks and by having a strong intention to use these tools. AcknowledgmentsThis study was funded by the Deanship of Scientific Research at Princess Nourah bint Abdulrahman University through the Fast-track Research Funding Program.

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