Readability of annual reports of firms listed in Egyptian Exchange
Author
Yunis, Muhsin Ubiad Abd al-Ghafar
Source
Scientific Journal for Commerce and Finance
Issue
Vol. 37, Issue 4 (30 Sep. 2017), pp.25-42, 18 p.
Publisher
Tanta University Faculty of Commerce
Publication Date
2017-09-30
Country of Publication
Egypt
No. of Pages
18
Main Subjects
Economy and Commerce
Financial and Accounting Sciences
Topics
Abstract EN
The research aims to examine two fold objectives.
First, it measures the readability of chairman's letter and social responsibility textual report throughout financial and non-financial firms in Egypt.
Second, it describes the relationship among extant techniques of readability in accounting literature.
The research utilizes exclusively five techniques in order to analyze narrative disclosure regarding prior paragraphs of annual reports.
Unlike prior literature, the research analyzes the textual content using comprehensive set of measures which are Flesch reading ease, Gunning fog, Flesch-Kincaid grade, SMOG grade, Dale-Chall score.
The results reveal that there is no significant difference between financial and non-financial Egyptian firms concerning the theme of readability of annual reports.
Whereas the relationship between Flesch reading ease and other extant measures of readability is negative and significant.
The research provides practical implications to shareholders, stakeholders, investors, financial analysts and other interested parties as they will be better able to detect the managerial obfuscation and understand easily the content of narrative annual reports.
American Psychological Association (APA)
Yunis, Muhsin Ubiad Abd al-Ghafar. 2017. Readability of annual reports of firms listed in Egyptian Exchange. Scientific Journal for Commerce and Finance،Vol. 37, no. 4, pp.25-42.
https://search.emarefa.net/detail/BIM-1093223
Modern Language Association (MLA)
Yunis, Muhsin Ubiad Abd al-Ghafar. Readability of annual reports of firms listed in Egyptian Exchange. Scientific Journal for Commerce and Finance Vol. 37, no. 4 (2017), pp.25-42.
https://search.emarefa.net/detail/BIM-1093223
American Medical Association (AMA)
Yunis, Muhsin Ubiad Abd al-Ghafar. Readability of annual reports of firms listed in Egyptian Exchange. Scientific Journal for Commerce and Finance. 2017. Vol. 37, no. 4, pp.25-42.
https://search.emarefa.net/detail/BIM-1093223
Data Type
Journal Articles
Language
English
Notes
-
Record ID
BIM-1093223