The Impact of Environmental, Social, Governance "ESG" Disclosure on Firm Value and Financial Performance: Evidence from Egypt During Covid 19
| المصدر: | مجلة التجارة والتمويل |
|---|---|
| الناشر: | جامعة طنطا - كلية التجارة |
| المؤلف الرئيسي: | Srour, Mohamed Ibrahim (Author) |
| المجلد/العدد: | عدد خاص |
| محكمة: | نعم |
| الدولة: |
مصر |
| التاريخ الميلادي: |
2022
|
| الشهر: | مايو |
| الصفحات: | 1 - 19 |
| DOI: |
10.21608/caf.2022.251745 |
| ISSN: |
1110-4716 |
| رقم MD: | 1313099 |
| نوع المحتوى: | بحوث ومقالات |
| اللغة: | الإنجليزية |
| قواعد المعلومات: | EcoLink |
| مواضيع: | |
| كلمات المؤلف المفتاحية: |
Sustainability | ESG Disclosure | Firm Value | Financial Performance | Egypt
|
| رابط المحتوى: |
عدد مرات التحميل
55
| المستخلص: |
Based on the decision of the Board of the Financial Regulatory 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. |
|---|---|
| ISSN: |
1110-4716 |
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