Do Corporate Governance Mechanisms Matter to the Reputation of Financial Firms? Evidence of Emerging Markets
The primary aim of this study is to provide a comprehensive measure of corporate reputation and examine the impact of corporate governance on the reputation of listed financial firms in the countries of MENA region. Using a sample of 96 financial companies listed on the stock exchanges of four count...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2023-12-01
|
| Series: | Cogent Business & Management |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2023.2181187 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1850211014205767680 |
|---|---|
| author | Ibrahim O.A Eriqat Muhammad Tahir Abdul Hadi Zulkafli |
| author_facet | Ibrahim O.A Eriqat Muhammad Tahir Abdul Hadi Zulkafli |
| author_sort | Ibrahim O.A Eriqat |
| collection | DOAJ |
| description | The primary aim of this study is to provide a comprehensive measure of corporate reputation and examine the impact of corporate governance on the reputation of listed financial firms in the countries of MENA region. Using a sample of 96 financial companies listed on the stock exchanges of four countries in the MENA region: Jordan, Palestine, Qatar, and Kuwait over a period of five years (2016–2020), the study developed a quantitative index of a multidimensional corporate reputation through the use of principal component analysis (PCA) techniques. The study applies the dynamic panel system Generalized Method of Moments (GMM) to estimate the dynamic corporate reputation model. The study finds that audit committee independence improves corporate reputation. Furthermore, findings show that ownership concentration negatively affects corporate reputation. This study contributes to filling the research gap on corporate reputation within the MENA region. Furthermore, the study findings provide interesting insights for policy makers, managers, and other stakeholders about what can determine a company’s reputation in the case of developing countries. |
| format | Article |
| id | doaj-art-2a12b47b1cf44c71a1820bf1a0067c0e |
| institution | OA Journals |
| issn | 2331-1975 |
| language | English |
| publishDate | 2023-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Business & Management |
| spelling | doaj-art-2a12b47b1cf44c71a1820bf1a0067c0e2025-08-20T02:09:38ZengTaylor & Francis GroupCogent Business & Management2331-19752023-12-0110110.1080/23311975.2023.2181187Do Corporate Governance Mechanisms Matter to the Reputation of Financial Firms? Evidence of Emerging MarketsIbrahim O.A Eriqat0Muhammad Tahir1Abdul Hadi Zulkafli2Finance and Islamic Finance Section, School of Management, Universiti Sains Malaysia, George Town, MalaysiaDepartment of Management Sciences, University of Turbat, Balochistan, PakistanFinance and Islamic Finance Section, School of Management, Universiti Sains Malaysia, George Town, MalaysiaThe primary aim of this study is to provide a comprehensive measure of corporate reputation and examine the impact of corporate governance on the reputation of listed financial firms in the countries of MENA region. Using a sample of 96 financial companies listed on the stock exchanges of four countries in the MENA region: Jordan, Palestine, Qatar, and Kuwait over a period of five years (2016–2020), the study developed a quantitative index of a multidimensional corporate reputation through the use of principal component analysis (PCA) techniques. The study applies the dynamic panel system Generalized Method of Moments (GMM) to estimate the dynamic corporate reputation model. The study finds that audit committee independence improves corporate reputation. Furthermore, findings show that ownership concentration negatively affects corporate reputation. This study contributes to filling the research gap on corporate reputation within the MENA region. Furthermore, the study findings provide interesting insights for policy makers, managers, and other stakeholders about what can determine a company’s reputation in the case of developing countries.https://www.tandfonline.com/doi/10.1080/23311975.2023.2181187MENAcorporate governancecorporate reputationaudit committee independenceownership concentrationN25 |
| spellingShingle | Ibrahim O.A Eriqat Muhammad Tahir Abdul Hadi Zulkafli Do Corporate Governance Mechanisms Matter to the Reputation of Financial Firms? Evidence of Emerging Markets Cogent Business & Management MENA corporate governance corporate reputation audit committee independence ownership concentration N25 |
| title | Do Corporate Governance Mechanisms Matter to the Reputation of Financial Firms? Evidence of Emerging Markets |
| title_full | Do Corporate Governance Mechanisms Matter to the Reputation of Financial Firms? Evidence of Emerging Markets |
| title_fullStr | Do Corporate Governance Mechanisms Matter to the Reputation of Financial Firms? Evidence of Emerging Markets |
| title_full_unstemmed | Do Corporate Governance Mechanisms Matter to the Reputation of Financial Firms? Evidence of Emerging Markets |
| title_short | Do Corporate Governance Mechanisms Matter to the Reputation of Financial Firms? Evidence of Emerging Markets |
| title_sort | do corporate governance mechanisms matter to the reputation of financial firms evidence of emerging markets |
| topic | MENA corporate governance corporate reputation audit committee independence ownership concentration N25 |
| url | https://www.tandfonline.com/doi/10.1080/23311975.2023.2181187 |
| work_keys_str_mv | AT ibrahimoaeriqat docorporategovernancemechanismsmattertothereputationoffinancialfirmsevidenceofemergingmarkets AT muhammadtahir docorporategovernancemechanismsmattertothereputationoffinancialfirmsevidenceofemergingmarkets AT abdulhadizulkafli docorporategovernancemechanismsmattertothereputationoffinancialfirmsevidenceofemergingmarkets |