Open AccessAccounting Conservatism, Information Asymmetry and Cash Holdings
Author(s) -
Walid Shehata,
Ahmed Rashed
Publication year - 2021
Publication title -
journal of accounting-business dan management/journal of accounting, business and management
Language(s) - English
Resource type - Journals
eISSN - 2622-2167
pISSN - 0216-423X
DOI - 10.31966/jabminternational.v28i1.826
Subject(s) - conservatism , information asymmetry , cash , mediation , business , asymmetry , monetary economics , accounting , economics , finance , political science , politics , law , physics , quantum mechanics
This paper focuses on explore the association between accounting conservatism and cash holding through a mediating effect of information asymmetry (IA) for Egyptian firms listed in EGX 100 within the period between 2013 -2018 through 124 firms with 703 firm-observations. The results indicates that (1) conservatism doesn’t have an enormous effect on information asymmetry, (2) information asymmetry doesn’t have a serious effect on cash holding, (3) there’s not any mediation role of information asymmetry within the relationship between conservatism and cash, (4) conservatism effect a negatively on cash holding