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Board gender diversity and earnings management: what difference does gender quota legislation make in emerging market?

Research Abstract

Abstract

Purpose

This paper aims to examine the impact of board gender diversity (BOGD) following the adoption of gender quota legislation on earnings management (EM) in an emerging market, Egypt, whose cultural and economic conditions and institutional context are unlike most previously studied countries’ context.

Design/methodology/approach

The authors use ordinary least squares (OLS) regression to estimate the impact of gender quota legislation on EM using data from listed companies in Egypt from 2015 to 2022. Difference-in-difference (DID) approach estimation was used to validate the robustness of the main results.

Findings

This paper documents that gender diversity on boards has a significantly negative impact on EM. In addition, this paper provides robust evidence using the DID approach to show that BOGD is significantly negatively linked with EM for the period following gender quota legislation. Furthermore, the results support the critical mass and agency theories.

Practical implications

The findings of this study have important implications for Egyptian companies, regulatory bodies and investors in emerging markets. Specifically, these results suggest that when choosing board members, enterprises should pay particular attention to BOGD, and female involvement in all listed firms should be monitored by regulators.

Social implications

This paper provides evidence supporting the positive contribution of women in society by enhancing the economic performance of Egyptian firms and promoting the country’s sustainable development strategy in light of Egypt vision 2030.

Originality/value

As per the authors' knowledge, this empirical study is unique in investigating the impact of BOGD quota regulation on EM in Egypt. This paper contributes to BOGD as a major factor in improving financial reporting quality in Egyptian companies.

 

Research Date
Research Department
Research Journal
Journal of Financial Reporting and Accounting
Research Publisher
Emerald Publishing Limited
Research Rank
#Scopus Q1; #Web of Science(WoS) Q1)
Research Website
https://doi.org/10.1108/JFRA-07-2023-0359
Research Year
2023

The European Council simulation session of the European Union Simulation Model Season 9 2023

The President of Assiut University and a crowd of distinguished guests witness the European Council simulation session of the European Union simulation model, the ninth season 2023

under the care of

His Excellency Prof. Dr. Ahmed El Menshawy, President of Assiut University

His Excellency Prof. Dr. Ahmed Abdel Mawla, Vice President for Education and Student Affairs

And His Excellency Prof. Dr. Alaa Abdel Hafeez, Dean of the Faculty of Commerce

And His Excellency Prof. Dr. Mohamed Ahmed Adawy, Vice Dean for Education and Student Affairs

His Excellency Prof. Dr. Marwa Bakr, Head of the Department of Political Science and Public Administration

Academic supervision of the model:

Teaching Assistant / Hassan Shehta Anwar

And doctoral researcher / Mahmoud Othman Saleh

And doctoral researcher / Ihsan Muhammad Muhammad

In the presence of Major General / Essam Saad, Governor of Assiut, and the head of the European Union delegation to Egypt, Ambassador / Christian Berger, and a group of ambassadors of European Union countries and others, a simulated session of the European Council was held revolving around issues raised on the European and global arena, which are the green economy, the reduction of carbon emissions, and policies to confront change. Climate to preserve our planet, as the countries of the European Union seek to assume world leadership in moving towards a sustainable economy, and this was done within the activities of the ninth season of the European Union simulation model, which began in October 2022 AD.

 

 

 

Media coverage of the visit of the students of the Faculty of Commerce, Assiut University to the House of Representatives on the sidelines of the scientific trip for the students of the fourth year

Events (opportunities for small and medium enterprises)

Under the auspices of Prof. Dr. Ahmed El-Manshawy, President of the University, and in the presence and honor of Prof. Dr. Mahmoud Abdel-Aleem, Vice President for Community Service and Environmental Development

And His Excellency Prof. Dr. Alaa Abdel Hafeez, Dean of the College, Mr. Prof. Dr. Mohamed Ahmed Adawy, Vice Dean for Education and Student Affairs, and Mr. Prof. Dr. Ahmed Ashraf, Vice Dean for Community Service and Environmental Development

The Faculty of Commerce organized in cooperation with the Small and Medium Enterprises Development Agency, in the presence of Mr. Ehab Abdel Hamid, Director of the Agency in Assiut

(Opportunities for small and medium enterprises)

In the presence of Dr. Sameh Abdel Salam, Department of Accounting, Mr. Abdel Qader Mahran, Secretary General of the College, members of the college's administrative staff, and a large crowd of college students.

 

 

Honoring the faculty members of the college,,,

Under the auspices of Prof. Dr. Ahmed El Menshawy, President of the University and Prof. Dr. Ahmed Abdel Mawla, Vice President for Education and Student Affairs

His Excellency Mr. Dr. Alaa Abdel Hafeez, Dean of the College, received

Accompanied by Prof. Dr. Mohamed Ahmed Adawy, Vice Dean for Education and Student Affairs, Dr. Heba Saleh, President of the Information Technology Institute (ITI), and Eng. Ayman Ayad, Director of the Information Technology Institute branch in Assiut.

The visit came within the framework of joint cooperation between the Faculty of Commerce, Assiut University and the Information Technology Institute (ITI).

The two parties discussed the package of training programs to be held for students during the summer vacation.

 

 

 

Honoring the faculty members of the college

His Excellency Prof. Dr. Ahmed El Menshawy, President of the University, Prof. Dr. Alaa Abdel Hafeez, Dean of the College, Prof. Dr. Mohamed Ahmed Adawy, Vice Dean for Education and Student Affairs, and Eng. Ayman Ayad, Director of the Information Technology Institute Branch in Assiut, ITI, honored the faculty members. And the employees of the University Services Marketing Unit for passing the Knowledge Ambassadors Program, which is implemented by Assiut University in cooperation with the Information Technology Institute in Assiut (ITI).

Among the honorees were Dr. Ramadan Musharraf, Dr. Mustafa Qayed, Dr. Mustafa Al-Samman, Dr. Muhammad Al-Samman, Dr. Abdel-Karim Abu Lifa, and many members of the faculty and staff.

We wish them continued success and prosperity

 

 

 

PPIS students shine inside the Greek Campus of the American University in Cairo

PPIS students shine inside the Greek Campus of the American University in Cairo

In light of the keenness of the Public Policy Information Systems Program to continue the training activities provided to all male and female students, it was keen to provide a new opportunity and a greater challenge for the students of the program by organizing the first training course from inside the Greek Campus at the American University in Cairo, which lasted for two days in a row in order to Practical and technical training on how to seize job opportunities and prepare for the external labor market, which has become a requirement for human capital with a high degree of professionalism and competitiveness.

The training course came as a basic stimulus for male and female students towards entering the labor market, exposure to different cultures and the experiences of others, building an attractive CV, and getting acquainted with the most important websites (such as linked in and others) used in obtaining the greatest knowledge related to the issue of employment and benefiting from it in building a personality Modern technology keeping pace with digital transformation in all countries of the world, including the Egyptian state.

Graduation ceremony of the 25th batch of the English language program

The activities of the graduation ceremony of the 25th batch of the English language study program sponsored by Prof. Alaa Abdel Hafeez, Dean of the College.

And with honor

His Excellency Prof. Ahmed Abdel-Mawly, Vice President for Education and Student Affairs.

His Excellency Prof. Mahmoud Abdel-Aleem, Vice President for Community Service and Environmental Development Affairs.

Mr. Dr. Muhammad Al-Adawi, Vice Dean for Education and Student Affairs.

Prof. Dr. Nesma Heshmat, Vice Dean for Postgraduate Studies and Research Affairs

Prof. Dr. Taha Zakaria "Coordinator of the Study Program in English"

Prof. Dr. Jacqueline Emile "Assistant Coordinator of the Study Program in English"

During the ceremony, the faculty members of the Faculty of Commerce were honored
​البحث عن التفاصيل

 

Receiving the guests of Assiut University in preparation for the start of the activities of the closing form of the Organization of Islamic Cooperation (MOIC-Assiut).

Receiving the guests of Assiut University in preparation for the start of the activities of the closing form of the Organization of Islamic Cooperation (MOIC-Assiut).

 

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