Does the efficiency of corporate governance and intellectual capital affect a firm's financial distress? Evidence from Egypt

Purpose Using data on 51 firms traded in the Egyptian Exchange from 2014 to 2016, this paper aimed to assess the efficiency of corporate governance (CG) and intellectual capital (IC) practices and to explore their influence on the probability of a firm's financial distress. Design/methodology/approach The relative efficiency of CG and IC practices has been measured under the Malmquist data envelopment analysis model. A modified Z -score model...