أثر مستوى الإفصاح بتقارير الأعمال المتكاملة على القيمة السوقية للشركة : دراسة تطبيقية على الشركات المقيدة بالبورصة المصرية

Abstract EN

This research aimed to study, test and analyze the relationship between the level of disclosure in integrated business reports and the market value of the company.

On a sample of 50 non-financial companies listed on the Egyptian Stock Exchange, during the period from 2016 to 2020, and thus the study sample consists of 250 views, and thus the researcher excluded the financial sector from the sample due to the different evaluation indicators and the different nature of the activity and risk portfolio.

.

The study found a positive, statistically significant effect of the level of disclosure in integrated business reports on the market value of companies listed in the Egyptian inch, as measured by Tobin's Q model, and measured by the price / book value ratio of the share.

This is due to the fact that the level of disclosure in integrated business reports achieves many advantages, including: a good means of strategic communication with users of financial reports, directing the management's view of risk management in a comprehensive, integrated and balanced manner, directing the company towards greater sustainability in the long term, showing the extent of the company's ability to create value Maintaining it, achieving more confidence in the information provided by the company in a way that enhances its reputation in front of different stakeholders, increasing competition between companies in the markets and improving and increasing employee loyalty.