الفهرس 
Chapter One General Framework of the ResearchOnly 14 pages are availabe for public view
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Abstract
The study aims to examine the effect of peer firms’ performance concerning their financial decisions on their rivals’ (firms performing in the similar industrial sector) financial decisions. More specific, it focuses on the firm’s capital structure and cash holdings decisions. In addition, the study is concerned with testing the mediating effect that CEO leadership (managerial ability) has on the relationship between peer firms’ financial decisions and the focal firm’s financial decisions.
The study depends on the data collected from the financial statements of 63 firms listed in the Egyptian exchange market, which are listed in the Egyptian index (EGX100) for the period between 2017 and 2021. In addition, the study depends on six sectors only. Panel data method is used to test the study hypotheses. A correlation matrix was employed to measure the relation between the independent variables and the dependent variables.
Overall, results provide evidence that there is a significant relationship between peer firms financial decisions (capital structure and cash holdings) and the focal firm financial decisions. Furthermore, results shows that CEO managerial ability can direct and strengthen the relation between peer firms’ decisions and focal firm’s decisions.