عناصر مشابهة
The Relationship between Forward-Looking Disclosure and Market-Related Variables in the Annual Reports of Egyptian Firms Listed
المصدر: | مجلة التجارة والتمويل |
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الناشر: |
جامعة طنطا - كلية التجارة
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المؤلف الرئيسي: | |
المجلد/العدد: | ع4 |
محكمة: | نعم |
الدولة: | مصر |
التاريخ الميلادي: | 2021 |
الصفحات: | 2 - 47 |
DOI: | 10.21608/caf.2021.221114 |
ISSN: | 1110-4716 |
رقم MD: | 1233835 |
نوع المحتوى: | بحوث ومقالات |
اللغة: | English |
قواعد المعلومات: | EcoLink |
مواضيع: | |
رابط المحتوى: |
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المستخلص: | *Purpose: the main objective of this study is to test the relationship between numbers of variables represented the firm characteristics (market-related variables) and the extent of the level of voluntary disclosure (forward-looking disclosure) in the annual reports of Egyptian firms listed in Egyptian Stock Exchange. This study used empirically investigates hypothesized impact of market-related variables on the extent of forward-looking disclosure. *Design/methodology/approach: this study uses a list of forward- looking keywords to determine the differences in the level of forward looking disclosure between firms in different sectors. The sample included 49 non-financial firms listed in Egyptian Stock Exchange for the years 2017, 2018 and 2019. Statistical analysis is implemented using a multiple linear regression analysis. *Findings: the results show that audit firm size was significantly positively (in all the three years) with the level of forward-looking disclosure. However, industry type variable (which divided to: industries, cement, construction, petrochemicals and services), was found insignificantly association with the level of forward-looking information disclosed in the annual reports for all the three years. *Research limitations/implications: The results of this paper may be used by a number of users such as auditors, lenders and investors. These results may be beneficial for users when they are dealing with firms which have low profitability and high financial risk. |
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