Investigating the Effect of Risk Disclosure Quality on Investors’ Reaction in the Egyptian Capital Market
Rageh Obiedallah, Y. (2021). Investigating the Effect of Risk Disclosure Quality on Investors’ Reaction in the Egyptian Capital Market. EKB Journal Management System, 31(2), 45-52. doi: 10.21608/mosj.2021.185662
Yousra Rageh Obiedallah. "Investigating the Effect of Risk Disclosure Quality on Investors’ Reaction in the Egyptian Capital Market". EKB Journal Management System, 31, 2, 2021, 45-52. doi: 10.21608/mosj.2021.185662
Rageh Obiedallah, Y. (2021). 'Investigating the Effect of Risk Disclosure Quality on Investors’ Reaction in the Egyptian Capital Market', EKB Journal Management System, 31(2), pp. 45-52. doi: 10.21608/mosj.2021.185662
Rageh Obiedallah, Y. Investigating the Effect of Risk Disclosure Quality on Investors’ Reaction in the Egyptian Capital Market. EKB Journal Management System, 2021; 31(2): 45-52. doi: 10.21608/mosj.2021.185662

Investigating the Effect of Risk Disclosure Quality on Investors’ Reaction in the Egyptian Capital Market

مجلة الدراسات المالية والتجارية
Article 3, Volume 31, Issue 2, August 2021, Page 45-52  XML PDF (701.91 K)
Document Type: المقالة الأصلية
DOI: 10.21608/mosj.2021.185662
View on SCiNiTO View on SCiNiTO
Author
Yousra Rageh Obiedallah
Faculty of Commerce Sohag University
Abstract
This paper aims to examine the association between the change in the firm’s risk disclosure level and investors’ reaction in the Egyptian capital market. An event study was conducted over two years (2018 and 2019) to capture how investors respond to the Egyptian firm’s reported risk information. The findings revealed that the Egyptian firms’ risk disclosure did not provide new information to the capital market. Hence, investors did not change their expectations regarding the firm's future cash flows and their trading reaction in the capital market.
Keywords
Risk disclosure quality; Negative stock return volatility
Statistics
Article View: 124
PDF Download: 392