دراسة و اختبار تأثير مستوى الإفصاح البيئي على جودة التقارير المالية للشركات المقيدة ببورصة الأوراق المالية المصرية

الملخص EN

The objective of this study is to study and examine the impact of the level of environmental disclosure on the quality of financial reports measured by the level of accounting conservatism.

To achieve this objective, the study relies on building an environmental disclosure index and using the method of content analysis for 152 observations of a sample including 59 companies listed in the Egyptian Stock Exchange from 2004 to 2016 compared to the proposed environmental disclosure index and reaching the level of actual environmental disclosure for these companies.

The quality of the financial reports for the same sample of companies is also measured using the Market to Book Value (MTB) model.

The researcher also uses Panel data regression model to test that impact.

Results indicate that the level of environmental disclosure has no material impact on the quality of financial reports (measured by the level of accounting conservatism).

Therefore, the hypothesis of the research is rejected.

This means that the changes in the quality of financial reports extensively occur due to factors other than environmental disclosure.