This paper investigates the association between board expertise and firm profitability. Using an international sample of 42,623 firm-year observations from 2002 to 2021, we find that firms with greater industry and financial expertise on their boards exhibit significantly higher profitability. This finding suggests tha...
Rihem Soussi Fathallah, Hamza Nizar, Houssam Bouzgarrou et al.· Journal of Risk and Financia...· 0 citations
This study examines whether the presence of Corporate Social Responsibility (CSR) committees enhances firms’ likelihood of receiving sustainability awards and investigates the moderating roles of corporate sustainability strategy and environmental, social, and governance (ESG) performance. The findings indicate that fi...
Hosam Abdelrasheed, Ahmed Hassanein, Fatemah Albader et al.· Sustainability· 0 citations
The results indicate that corporate leverage exhibits substantial persistence, with estimated adjustment speeds of approximately 29–36% annually, and suggest that leverage persistence dominates model complexity and that parsimonious dynamic econometric models remain highly effective for forecasting corporate leverage a...
Omar Shawkey, Taha Mohamed Gaber, Esmail Mohamed et al.· Journal of Risk and Financia...· 0 citations
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