1

10

11
12

13

14

15
 Strongly
% Disagree % Neutral
disagree
Questions about corporate governance benefits
1 2 6% 3 9% 5

corporate governance is important to

enforcing and encouraging transparency
2 6% 4 11% 7

corporate governance attract low cost

investment capital through improved 3 9% 5 14% 15
investor capital and investor confidence

improvements to the internal control

system have a role in reducing the cost 2 6% 4 11% 9
of external audit

Questions about corporate governance mechanism

Strongly
% Disagree % Neutral
disagree

financial statements are prepared in

accordance internationally recognized
0 0% 3 9% 7
accounting standards (e.g., IFRS or U.S.
GAAP)

corporate governance framework enable

the board of directors to take a strategic 7 20% 8 23% 7
lead

corporate governance framework enable

the board of directors to make a real 5 14% 4 11% 6
differences

the company disclose major

transactions, related party
transactions, off-balance sheet 4 11% 9 26% 14
activities, and other material
events

members of the board

3 9% 8 23% 5
understand their responsibilities
board members and
management staff
3 9% 8 23% 16
responsibilities clearly set out in
writing

the Company have a clearly

defined and publically accessible
disclosure policy which defines
principles, rules and procedures 3 9% 11 31% 12
of reporting to shareholders,
relevant authorities, public, and
other interested parties?
 Egyptian publicly traded
companies follow the corporate 1 3% 6 17% 3
governance procedures
Questions about Corproate Governance and audit quailty
Strongly
% Disagree % Neutral
disagree

good disclosure of the financial

statements , follow the
international standards in the
preparation of financial
1 3% 3 9% 3
statements ,the quality of
financial information and
financial transparency have an
impact on the audit quality

2 2 4
strong corporate governance
practices and following principles 6% 6%
improves the firm's audit quality

  Quality of information depend 5 7 4

14% 20%
only on internal audit
 Strongly
% Agree %
Agree
ce benefits
14% 15 43% 10 35

20% 12 34% 10
35

43% 7 20% 5

35

26% 5 14% 15
35
e mechanism
Strongly
% Agree %
Agree

20% 9 26% 16

35

20% 8 23% 5
35

17% 12 34% 8
35

40% 5 14% 3

35

14% 14 40% 5
35

46% 5 14% 3
35

34% 6 17% 3

35
 9% 10 29% 15
35
audit quailty
Strongly
% Agree %
Agree

9% 14 40% 14

35
12 15
11% 34%
35
9 10
11% 26%
35