أثر الإفصاح عن مؤشرات جودة المراجعة في التقارير المالية على قرار الاستثمار بأسهم الشركات المقيدة بالبورصة المصرية: دراسة تجريبية

الملخص EN

The current study aims to identify the benefits of disclosing the audit quality indicators in the financial reports, specifically studying and testing whether the disclosure of audit quality indicators, positively or negatively, affect the stocks investment decision.

to achieve this goal, an experimental study was conducted which included 5 experimental cases (176 observations), whereby the study design [(4 × 4) + 1] was used to test the research hypotheses.

the results showed that the disclosure of positive audit quality indicators in the financial reports of companies listed in the Egyptian stock exchange leads to an increase in the degree of investor reliance on those reports in making stocks investment decision.

while disclosing the audit quality indicators of the negative nature in the financial reports of companies listed in the Egyptian stock exchange leads to a decrease in the degree of investor reliance on those reports in making stocks investment decision.

as well, the disclosure of descriptive clarifications with audit quality indicators in the financial reports of companies listed in the Egyptian stock exchange leads to improving the relationship between audit quality indicators and the degree of investor reliance on those reports in making stocks investment decision.

this is applied on the indicators of a positive nature, while, in case of the indicators of a negative nature, those clarifications do not affect the investment decision.

finally, the results showed that the level of both qualification and experience of investors did not affect the relationship between the audit quality indicators and the degree of investor reliance on those reports in making stocks investment decision.