Effects Of Corporate Governance On Investment Efficiency And Firm Value: The Case Of Publicly Listed Companies In Gulf Cooperation Council (GCC) Countries

This study investigates the effect of corporate governance quality on investment efficiency and firm value in the six Arab Gulf countries, commonly known as Gulf Cooperation Council (GCC). The six member countries are United Arab Emirates, Bahrain, Kingdom of Saudi Arabia, Sultanate of Oman, Qatar,...

Full description

Saved in:

Bibliographic Details
Main Author:	Gafeil, Adam Yahya
Format:	Thesis
Language:	English
Published:	2022
Subjects:	H1-99 Social sciences (General)
Online Access:	http://eprints.usm.my/60023/1/24%20Pages%20from%20ADAM%20YAHYA%20GAFEIL.pdf
Tags:	Add Tag No Tags, Be the first to tag this record!

id	my-usm-ep.60023
record_format	uketd_dc
spelling	my-usm-ep.600232024-02-28T06:41:40Z Effects Of Corporate Governance On Investment Efficiency And Firm Value: The Case Of Publicly Listed Companies In Gulf Cooperation Council (GCC) Countries 2022-10 Gafeil, Adam Yahya H1-99 Social sciences (General) This study investigates the effect of corporate governance quality on investment efficiency and firm value in the six Arab Gulf countries, commonly known as Gulf Cooperation Council (GCC). The six member countries are United Arab Emirates, Bahrain, Kingdom of Saudi Arabia, Sultanate of Oman, Qatar, and Kuwait. first, the study developed a corporate governance quality model comprises 60 items under five main corporate governance elements of disclosure; responsibilities of the board; board effective composition; rights of shareholders and the role of stakeholders in corporate governance for each country. Secondly, the study examined the effect of corporate governance quality on investment efficiency and firm value. Investment efficiency as the dependent variable is measured by the deviation from firm’s expected level of investment, while firm’s value is measured by Tobin’s Q. Lastly, the study examined the impact of ownership concentration on the relationship between corporate governance quality and firm value. The study sample includes 301 publicly listed firms in the GCC countries for the period 2015-2020. Using multiple regression statistical analyses, the findings indicated that corporate governance quality levels vary by company. 2022-10 Thesis http://eprints.usm.my/60023/ http://eprints.usm.my/60023/1/24%20Pages%20from%20ADAM%20YAHYA%20GAFEIL.pdf application/pdf en public phd doctoral Perpustakaan Hamzah Sendut Pusat Pengajian Siswazah Perniagaan
institution	Universiti Sains Malaysia
collection	USM Institutional Repository
language	English
topic	H1-99 Social sciences (General)
spellingShingle	H1-99 Social sciences (General) Gafeil, Adam Yahya Effects Of Corporate Governance On Investment Efficiency And Firm Value: The Case Of Publicly Listed Companies In Gulf Cooperation Council (GCC) Countries
description	This study investigates the effect of corporate governance quality on investment efficiency and firm value in the six Arab Gulf countries, commonly known as Gulf Cooperation Council (GCC). The six member countries are United Arab Emirates, Bahrain, Kingdom of Saudi Arabia, Sultanate of Oman, Qatar, and Kuwait. first, the study developed a corporate governance quality model comprises 60 items under five main corporate governance elements of disclosure; responsibilities of the board; board effective composition; rights of shareholders and the role of stakeholders in corporate governance for each country. Secondly, the study examined the effect of corporate governance quality on investment efficiency and firm value. Investment efficiency as the dependent variable is measured by the deviation from firm’s expected level of investment, while firm’s value is measured by Tobin’s Q. Lastly, the study examined the impact of ownership concentration on the relationship between corporate governance quality and firm value. The study sample includes 301 publicly listed firms in the GCC countries for the period 2015-2020. Using multiple regression statistical analyses, the findings indicated that corporate governance quality levels vary by company.
format	Thesis
qualification_name	Doctor of Philosophy (PhD.)
qualification_level	Doctorate
author	Gafeil, Adam Yahya
author_facet	Gafeil, Adam Yahya
author_sort	Gafeil, Adam Yahya
title	Effects Of Corporate Governance On Investment Efficiency And Firm Value: The Case Of Publicly Listed Companies In Gulf Cooperation Council (GCC) Countries
title_short	Effects Of Corporate Governance On Investment Efficiency And Firm Value: The Case Of Publicly Listed Companies In Gulf Cooperation Council (GCC) Countries
title_full	Effects Of Corporate Governance On Investment Efficiency And Firm Value: The Case Of Publicly Listed Companies In Gulf Cooperation Council (GCC) Countries
title_fullStr	Effects Of Corporate Governance On Investment Efficiency And Firm Value: The Case Of Publicly Listed Companies In Gulf Cooperation Council (GCC) Countries
title_full_unstemmed	Effects Of Corporate Governance On Investment Efficiency And Firm Value: The Case Of Publicly Listed Companies In Gulf Cooperation Council (GCC) Countries
title_sort	effects of corporate governance on investment efficiency and firm value: the case of publicly listed companies in gulf cooperation council (gcc) countries
granting_institution	Perpustakaan Hamzah Sendut
granting_department	Pusat Pengajian Siswazah Perniagaan
publishDate	2022
url	http://eprints.usm.my/60023/1/24%20Pages%20from%20ADAM%20YAHYA%20GAFEIL.pdf
_version_	1794024077454737408

Effects Of Corporate Governance On Investment Efficiency And Firm Value: The Case Of Publicly Listed Companies In Gulf Cooperation Council (GCC) Countries

Similar Items