A SUGGESTED MEASURE FOR THE QUALITY OF CORPORATE GOVERNANCE IN EGYPT

Download This Article

Dina Hassouna ORCID logo, Hassan Ouda

https://doi.org/10.22495/cocv15i1art5

Abstract

This paper aims at constructing an objective measurement tool for the quality of corporate governance practices implemented by listed companies in Egypt. Consequently, several main criteria for the inclusion and the exclusion of a corporate governance guideline were followed. The resulting “objective index and questionnaire” includes a total of 66 indicators grouped under four main internal corporate governance mechanisms: Ownership structure; Board of directors; Transparency and disclosure and Board committees. Additionally, the scoring process that can be used in the rankings of Egyptian listed companies is suggested.

Keywords: Opinion Based Research, Governance Ranking Research, Egyptian Corporate Governance Code, Corporate Governance Indexes

Received: 17.05.2017

Accepted: 18.08.2017

How to cite this paper: Hassouna, D., & Ouda, H. (2017). A suggested measure for the quality of corporate governance in Egypt. Corporate Ownership & Control, 15(1), 52-64. https://doi.org/10.22495/cocv15i1art5