The impact of environmental, social, governance (ESG) disclosure on firm value and financial performance: evidence from Egypt during COVID 19
Author
Source
Scientific Journal for Commerce and Finance
Issue
Vol. 42, Issue (s+conf)، ج. 1 (31 May. 2022), pp.1-19, 19 p.
Publisher
Tanta University Faculty of Commerce
Publication Date
2022-05-31
Country of Publication
Egypt
No. of Pages
19
Main Subjects
Topics
Abstract EN
Authority (FRA) No.
84 dated July 26, 2016, the board of directors of companies became responsible for issuing a corporate governance report that includes the extent of the company's compliance with the rules of governance as well as the extent of its implementation of environmental and societal obligations, noting that this disclosure will be mandatory for companies as of 2022.
This study aims to study the impact of disclosing the corporate governance report on both the company's value and its financial performance.
a sample of 61 companies listed in Egyptian Stock Exchange (EGX 100) for the years 2018-2021.
the results of the study indicate that ESG disclosure has an insignificant positive impact on ROA and COVID-19 has an insignificant negative impact on ROA.
Moreover, ESG disclosure has a significant positive impact on TOBIN'Q, and Covid-19 has an insignificant negative impact on TOBIN'Q.
American Psychological Association (APA)
Sirur, Muhammad Ibrahim. 2022. The impact of environmental, social, governance (ESG) disclosure on firm value and financial performance: evidence from Egypt during COVID 19. Scientific Journal for Commerce and Finance،Vol. 42, no. (s+conf)، ج. 1, pp.1-19.
https://search.emarefa.net/detail/BIM-1399302
Modern Language Association (MLA)
Sirur, Muhammad Ibrahim. The impact of environmental, social, governance (ESG) disclosure on firm value and financial performance: evidence from Egypt during COVID 19. Scientific Journal for Commerce and Finance Vol. 42, Special issue conference, p. 1 (May. 2022), pp.1-19.
https://search.emarefa.net/detail/BIM-1399302
American Medical Association (AMA)
Sirur, Muhammad Ibrahim. The impact of environmental, social, governance (ESG) disclosure on firm value and financial performance: evidence from Egypt during COVID 19. Scientific Journal for Commerce and Finance. 2022. Vol. 42, no. (s+conf)، ج. 1, pp.1-19.
https://search.emarefa.net/detail/BIM-1399302
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references: p. 17-19
Record ID
BIM-1399302