أثر الإفصاح غير المالي على مؤشرات القيمة السوقية : دراسة تطبيقية على قطاعي البنوك و التأمين في بورصة فلسطين

Abstract EN

The study aims at identifying the impact of non-financial disclosure on the indicators of the market value of the economic Entity from both the banking and the insurance sectors in the Palestine Exchange, according to the Palestinian Capital Market Authority's guide through the model prepared for the study.

The descriptive analytical approach is approved.

The results showed effect and a positive correlation between market value, market value indicators, Tobin's Q index and non-financial disclosure score.

The statistical significance of the correlation coefficient is greater than 0.05, which means that there are no statistical differences between the market value indices and the degree of non-financial disclosure Except for the index (market value / capital), the Tobin's Q index at the insurance level, and the index (P/E) of the insurance sector and the general level, where the statistical significance of the correlation coefficient is less than 0.05, Statistical differences.

This positive relationship can be traced back to the fact that the banking sector in the Palestine Stock Exchange is interested in applying the nonfinancial disclosure rules and laws issued by the Palestine Capital Market Authority (CMA) rather than the insurance sector.

The study recommends to pay more attention to the financial and non-financial disclosure, for its importance to investors and governmental and non - governmental parties because it works to increase the confidence in the published financial statements, especially in light of the uncertainty associated with the financial situation in the Palestinian business environment.