Influence of firms' operational characteristics and corporate governance attributes on forward-looking information disclosure : an empirical study on companies listed on egyptian stock exchange
Source
Journal of Contemporary Commercial Studies
Issue
Vol. 7, Issue 11 (31 Jan. 2021), pp.49-86, 38 p.
Publisher
Kafrelsheikh University Faculty of Commerce
Publication Date
2021-01-31
Country of Publication
Egypt
No. of Pages
38
Main Subjects
Topics
Abstract EN
The paper examines the impact of firms' operational and corporate governance characteristics on forward-looking information disclosure for a sample of firms listed on the Egyptian Stock Exchange during the period from 2014 through 2019.
I predict that firm's operational characteristics, specifically, firm size, audit size, leverage, and profitability, positively affect forward-looking information disclosure level.
It's further hypothesized that corporate governance attributes, specifically, board size, board independence, audit committee performance, and ownership structure, also affect forward-looking information disclosure level.
Results reveal that firm size, audit size, profitability, and board size positively and significantly affect forward-looking information disclosure level, whereas the effect of board independence, audit committee, and ownership concentration appears negative, yet significant.
Moreover, results uncover the insignificant impact of leverage on forward-looking information disclosure level.
Further, sensitivity analyses support these results and indicate the dominance of quantitative forward-looking disclosure
American Psychological Association (APA)
Ismail, Mawahib Abd al-Aziz. 2021. Influence of firms' operational characteristics and corporate governance attributes on forward-looking information disclosure : an empirical study on companies listed on egyptian stock exchange. Journal of Contemporary Commercial Studies،Vol. 7, no. 11, pp.49-86.
https://search.emarefa.net/detail/BIM-1251078
Modern Language Association (MLA)
Ismail, Mawahib Abd al-Aziz. Influence of firms' operational characteristics and corporate governance attributes on forward-looking information disclosure : an empirical study on companies listed on egyptian stock exchange. Journal of Contemporary Commercial Studies Vol. 7, no. 11 (Jan. 2021), pp.49-86.
https://search.emarefa.net/detail/BIM-1251078
American Medical Association (AMA)
Ismail, Mawahib Abd al-Aziz. Influence of firms' operational characteristics and corporate governance attributes on forward-looking information disclosure : an empirical study on companies listed on egyptian stock exchange. Journal of Contemporary Commercial Studies. 2021. Vol. 7, no. 11, pp.49-86.
https://search.emarefa.net/detail/BIM-1251078
Data Type
Journal Articles
Language
English
Notes
-
Record ID
BIM-1251078