أثر الإفصاح المحاسبي عن معلومات جائحة فيروس كورونا على القيمة السوقية للأسهم بالبورصة المصرية : منهجية دراسة الحدث

Abstract EN

The main objective of the study was to present and analyze the current and potential impacts of the repercussions of the emerging corona virus (COVID-19) pandemic in the financial reporting environment, and to clarify the determinants of accounting disclosure of pandemic information in light of the requirements of international and Egyptian accounting standards, publications and relevant professional practices, and to identify the most important problems and challenges that hinder this disclosure and the mechanisms to confront them.

As well as measuring the impact of accounting disclosure determinants on the market value of shares on the Egyptian Stock Exchange.

- Design and methodology: The researcher conducted a field survey to clarify the determinants of accounting disclosure about Coronavirus pandemic for three categories, accountants, stock exchange investors, and academics in accounting and auditing departments.

The researcher also conducted an applied study for 214 companies listed on (E.

S.

E) by analyzing a daily time series of 243 days for the year 2020, using the event analysis methodology, to measure the impact of disclosure of pandemic information on the market value of shares.

- The study results: The results of the field survey revealed that there is no significant discriminants between the study categories regarding the determinants of the accounting disclosure of the Corona pandemic information, while there is a significant discriminants between the study groups regarding the problems and challenges of the accounting disclosure of the COVID-19 information and the proposed mechanisms to overcome them.

The applied study also revealed that there is a significant impact between the disclosure of information about the emerging Coronavirus pandemic and the market value of the shares of companies listed on (E.

S.

E), as well as the existence of a significant discriminants between the Egyptian stock market sectors (18 sectors) in terms of the market value of the share affected by the repercussions of the pandemic Coronavirus, using the CAR.

- Originality and addition: This study contributes to clarifying the determinants of the accounting disclosure of the Corona virus pandemic information and measuring its impact on the market value of stocks on (E.

S.

E), by using the event methodology analysis.