The determinants of financial risk disclosure in annual reports in emerging economies : evidence from Egypt
Author
al-Haddad, Rasha Muhammad Hamdi
Source
Association of Arab Universities Journal of Accounting and Auditing
Issue
Vol. 10, Issue 2 (31 Aug. 2021), pp.36-58, 23 p.
Publisher
Beni Suef University Faculty of Commerce Department of Accounting
Publication Date
2021-08-31
Country of Publication
Egypt
No. of Pages
23
Main Subjects
Financial and Accounting Sciences
Topics
Abstract EN
This study aims at investigating the impact of firm and corporate governance determinants on the financial risk disclosure in annual reports.
The researcher hypothesized that both the firm characteristics including size, profitability, and leverage and corporate governance characteristics including board size and audit firm size have significant effect on financial risk disclosure.
Content analysis was used to analyze the data of 21 non-financial companies listed in Egyptian Stock Exchange during the period 2017-2019.
The results of the study indicated that firm size has negative effect on the financial risk disclosure, while leverage and audit firm size positively significantly affect the financial risk disclosure.
On the other side, both profitability and board size have no significant effect on the financial risk disclosure.
However, this paper has contributed to the prior research by shedding the light on financial risk disclosure practices of Egyptian listed non-financial firms.
Finally, the research recommends large Egyptian firms to increase their financial risk disclosure in annual reports to maintain the confidence of investors.
American Psychological Association (APA)
al-Haddad, Rasha Muhammad Hamdi. 2021. The determinants of financial risk disclosure in annual reports in emerging economies : evidence from Egypt. Association of Arab Universities Journal of Accounting and Auditing،Vol. 10, no. 2, pp.36-58.
https://search.emarefa.net/detail/BIM-1255804
Modern Language Association (MLA)
al-Haddad, Rasha Muhammad Hamdi. The determinants of financial risk disclosure in annual reports in emerging economies : evidence from Egypt. Association of Arab Universities Journal of Accounting and Auditing Vol. 10, no. 2 (2021), pp.36-58.
https://search.emarefa.net/detail/BIM-1255804
American Medical Association (AMA)
al-Haddad, Rasha Muhammad Hamdi. The determinants of financial risk disclosure in annual reports in emerging economies : evidence from Egypt. Association of Arab Universities Journal of Accounting and Auditing. 2021. Vol. 10, no. 2, pp.36-58.
https://search.emarefa.net/detail/BIM-1255804
Data Type
Journal Articles
Language
English
Notes
-
Record ID
BIM-1255804