Volatility of Returns on Working Capital of Insurance Firms in Egypt

نوع المستند : المقالة الأصلية

المؤلف

المستخلص

 The objective of this article is to examine the association between volatility of returns
measured by (volatility of return on equity –volatility of return on assets)and natural
logarithm of total assets with working capital measured by current ratio‌–liquidity ratio and
quick ratio, as a sample of nineteen Egyptian insurance companies over the period 1999–
2019, using two stages least square and Canonical correlation Analysis. The results
elucidated that there is a significant positive effect of the predictor variables volatility of
return on equity, on the dependent variable current ratio, but a significant negative effect of
the predictor variable volatility of return on assets, and natural logarithm of total asset
lnx3on the dependent current asset. Furthermore, there is a significant negative effect of the
predictor variable natural logarithm of total asset lnx3 on the dependent variables current
asset and liquidity 

الكلمات الرئيسية

ملفات

شارك

إرسال الاستشهاد إلى

الإحصائيات