The subject matter of this study is the analysis of the relationship between risk assessment and firm size on financial performance. The population encompasses thirty-nine listed insurance firms in Egypt during the period 1999 -2019, whereas a sample of nineteen insurance companies was selected. The financial assessment is a dependent variable, while the independent variable is risk assessment. This study used general linear multivariate analysis and descriptive statistics. The article is an attempt to investigate the relationship between risk assessment and firm size on financial assessment of insurance sector in Egypt. The results indicate that there is significant positive linear relationship between standard deviation of return on equity, standard deviation of return on asset, and natural logarithm of total assets with return on equity. Moreover, there is significant positive linear relationship between standard deviation of return on equity, standard deviation of return on asset and natural logarithm of total assets where on return on asset. Therefore, there is significant positive linear relationship between standard deviation of return on equity and standard deviation of return on asset on liquidity. Nevertheless, there is a negative relationship between natural logarithm of total assets.
This paper is an attempt to investigate the effect of working capital management, measured by (Current Ratio, Quick Ratio and Liquidity)on dependent variables (Return on Assets, Return on Equity and Earning Assets (Asset Quality) of insurance firms in Egypt, the study sample is 49% from total insurance firms working of the insurance market in Egypt in 1999- 2019.A structural equation modelling was selected to construct of the model of this study, The evidences show that There is a positive significant effect on construct of the independent variables, current ratio (x1), quick ratio (x2), and liquidity (x3) on construct of the dependent variables in terms of Return on Equity (Y1), at a probability level less than (0.001). This validates the first hypothesis; the independent variables Current Ratio(x1), Quick Ratio(x2), and Liquidity(x3) have a significant effect on the dependent variables Return on Equity (Y1), There is a positive significant effect on the construct of the independent variables, Current Ratio (x1), Quick Ratio (x2), and Liquidity (x3) on the construct of the dependent variables in terms of Earning Assets (Asset Quality) (Y3), probability level less than (0.001). This validates of the third hypothesis; the independent variables in terms of Current Ratio (x1), Quick Ratio (x2), and Liquidity (x3) have a significant effect on (Earning Assets) Asset Quality (Y3).
This paper attempts to investigate the impact of the profitability and liquidity on capital structure of insurance industry in Egypt as applied on a sample of (19) insurance firms represented in the Egyptian insurance industry over the period from 1999-2019. The capital structure is measured by debt ratio, and the financial performance is measured by (liquidity, return on equity, and retune on investment).The study results show that there are significant negative linear relationships between the independent variable in terms of return on equity (X1), return on investment (X3), and dependent variable for the capital structure (Y) at the level of significant less than (0.001); based on panel data analysis, the results show that Tau-statistic, and z-statistic, are at a significant level less than (0.05).The statistical conclusion is the null significant relationship between the capital structure and liquidity, while there is a significant relationship between the capital structure, return on equity, and return on investment. The results also show that the R2 for the independent variables are accepted in the model (capital structure Y, lag Y1, return on equity X1, liquidity X2, and return on investment) by (79.3%) from total variation of capital structure (Y).
This study is an attempt to analyze the impact of the financial performance on asset quality of insurance industry in Egypt as applied on a sample of 19 insurance companies over the period 1999-2019.The financial performance measured by profitability (return on equity-return on investment) and liquidity results show that there is a significant negative linear relationship between the independent variable in terms ofX3, and the dependent variable; y, at a significant level less than (0.01), while there is no significant linear relationship between the independent variable of X1,X2, and dependent variable; y at a significant level greater than (0.05) . The study methodology used panel data analysis according to ARDL model and OLS, beside the robustness check supports these results using the Jarque-Bera test and the Durbin-Watson test statistic
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 Key words: volatility of return on equity, volatility of return on asset, two stage least square.
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