"The impact of climate change disclosure on Firm Value: evidence from Egypt—An applied study" | ||||
| المجلة العلمية للدراسات والبحوث المالية والتجارية | ||||
| Volume 6, Issue 2 - Serial Number 1, July 2025, Page 1199-1228 PDF (1.06 MB) | ||||
| Document Type: المقالة الأصلية | ||||
| DOI: 10.21608/cfdj.2025.400453.2311 | ||||
 View on SCiNiTO | ||||
| Authors | ||||
Mary Nabil Youssef Botros  1; Badr Nabeeh Arsenious2; Mahmoud Ahmed Gaafar3
| ||||
| 1كلية التجارة جامعة بنى سويف | ||||
| 2کلية تجارة جامعة بنى سويف نائب رئيس جامعة بنى ىسويف لشئون خدمة المجتمع وتنمية البيئة | ||||
| 3کلية تجارة جامعة بني سويف قسم المحاسبة | ||||
| Abstract | ||||
| Purpose: This study aims to examine the impact of climate change disclosure on the value of firms listed on the Egyptian Stock Exchange. It also examines the impact of some moderating variables, such as industry type and the presence of environmental management systems, on the relationship between climate change disclosure and firm value. Design/Methodology: The researcher uses the deductive approach to crystallize the impact of climate change disclosure on the firm's value, as well as the impact of the quality of environmental management systems and the type of sector on the relationship between climate change disclosure and the value of the firm, then formulates the research hypotheses and tests this relationship through applied study. Regarding the applied study, the research hypotheses will be tested by conducting an applied study on a sample of 80 firms listed on the Egyptian Stock Exchange during the period from 2021 to 2024 and arriving at results that achieve the research objective. Findings: The results of the applied study concluded that disclosure of information related to climate change has a positive and significant impact on firm value. Also, the study suggests that the type of sector plays a moderating role in strengthening the relationship between climate change-related disclosure (DCC) and firm value. This finding implies that firms that have adopted ISO 14001 environmental management systems tend to experience a greater positive impact of climate-related disclosure on their market value. Keywords: Climate Change Disclosure (DCC), firm Value, Sector type, Environmental Management Systems (ISO 14001) | ||||
| Keywords | ||||
| Climate Change Disclosure (DCC); firm Value; Sector type; Environmental Management Systems (ISO 14001) | ||||
|
Statistics Article View: 53 PDF Download: 43 |
||||
