Measuring the relationship between market value disclosure, COVID-19 outbreak, and profitability in Egyptian listed companies

Joint Authors

Nasir, Dalia Adil Abbas al-Sayyid
al-Rashidi, Tariq Abd al-Azim Yusuf

Source

[Journal of Financial and Commercial Research]

Issue

Vol. 21, Issue 4، ج. 1 (31 Oct. 2020), pp.447-473, 27 p.

Publisher

Port Said University Faculty of Commerce

Publication Date

2020-10-31

Country of Publication

Egypt

No. of Pages

27

Main Subjects

Commerce

Topics

Abstract EN

The main objective of the paper is to measure the relationship between the market value disclosure of Egyptian Listed Companies, COVID-19 outbreak, and profitability.

Multiple linear regressions, paired sample t-test, cross tabulations analysis and chi-square test are used to measure such a relationship, to analyze the effect of industry type on profitability and market value and to test for the significance of differences of market values and profitability before (for the period ended December 31, 2019) and after COVID-19 outbreak (for the period ended March 31, 2020).

Results show that the market value and profitability of Egyptian Listed Companies before COVID19 outbreak differs significantly from the market value and profitability after COVID19 outbreak.

Results also show that industry type has a significant impact on the market value and profitability of Egyptian Listed Companies.

Detailed analysis for every sector in the Egyptian stock Market shows that there is a negative relationship between market value of all Egyptian listed companies and COVID-19 outbreak.

American Psychological Association (APA)

Nasir, Dalia Adil Abbas al-Sayyid& al-Rashidi, Tariq Abd al-Azim Yusuf. 2020. Measuring the relationship between market value disclosure, COVID-19 outbreak, and profitability in Egyptian listed companies. [Journal of Financial and Commercial Research]،Vol. 21, no. 4، ج. 1, pp.447-473.
https://search.emarefa.net/detail/BIM-1095819

Modern Language Association (MLA)

Nasir, Dalia Adil Abbas al-Sayyid& al-Rashidi, Tariq Abd al-Azim Yusuf. Measuring the relationship between market value disclosure, COVID-19 outbreak, and profitability in Egyptian listed companies. [Journal of Financial and Commercial Research] Vol. 21, no. 4, ج. 1 (Oct. 2020), pp.447-473.
https://search.emarefa.net/detail/BIM-1095819

American Medical Association (AMA)

Nasir, Dalia Adil Abbas al-Sayyid& al-Rashidi, Tariq Abd al-Azim Yusuf. Measuring the relationship between market value disclosure, COVID-19 outbreak, and profitability in Egyptian listed companies. [Journal of Financial and Commercial Research]. 2020. Vol. 21, no. 4، ج. 1, pp.447-473.
https://search.emarefa.net/detail/BIM-1095819

Data Type

Journal Articles

Language

English

Notes

-

Record ID

BIM-1095819