Please use this identifier to cite or link to this item:
Appears in Collections:Accounting and Finance Journal Articles
Peer Review Status: Refereed
Title: Determinants of Accounting Choices in Egypt
Author(s): Dey, Colin
Grinyer, John
Sinclair, C Donald
El-Habashy, Hanaa
Keywords: Accounting practices
Managerial behaviour
Socio-economic environment
Issue Date: 2008
Citation: Dey C, Grinyer J, Sinclair CD & El-Habashy H (2008) Determinants of Accounting Choices in Egypt, Journal of Applied Accounting Research, 8 (3), pp. 48-92.
Abstract: In recent years, Egypt has been developing rapidly from a socialist to a fully developed market-based economy. One may expect that this economic transition towards a more capitalist orientation will influence the country's cultural and socio-economic environment, and consequently the behaviour of its corporate managers. The increasing separation of ownership and control of capital could be expected to increase agency problems associated with managerial decisions. In these circumstances, it should be interesting to identify whether 'positive accounting' hypotheses would apply in such an environment. Therefore, this paper examines the relevance to financial reporting in Egypt of some established positive accounting theory hypotheses in addition to a new hypothesis related to taxation. The evidence of the study is consistent with the validity of the conventional 'bonus' and 'debt' hypotheses and the new ‘taxation' hypothesis. These conclusions are also consistent with recent empirical studies of cultural and socio-economic change in Egypt.
DOI Link:
Rights: Publisher policy allows this work to be made available in this repository. Published in Journal of Applied Accounting Research, 2008, Vol. 8 Issue: 3, pp.48-92 by Emerald. The original publication is available at:

Files in This Item:
File Description SizeFormat 
egypt paper 1 jaar submission UK version.pdf478.02 kBAdobe PDFView/Open

This item is protected by original copyright

Items in the Repository are protected by copyright, with all rights reserved, unless otherwise indicated.

If you believe that any material held in STORRE infringes copyright, please contact providing details and we will remove the Work from public display in STORRE and investigate your claim.