THE IMPACT OF ENTERPRISE RISK MANAGEMENT DISCLOSURE AND FIRM VALUE IN EGYPTIAN PUBLIC AND PRIVATE SECTORS: A COMPARATIVE STUDY
Journal Title: MSA-Management Sciences Journal (MSA-MSJ) - Year 2022, Vol 1, Issue 1
Abstract
The main objective of this research is to investigate the relationship between enterprise risk management (ERM), risk disclosure and firm value. The research aims to compare the public and private sectors in Egypt. The sample consists of 30 non-financial public companies and 30 non-financial private companies within the period 2011 to 2021. The results indicated an insignificant positive relationship between ERM and firm value for both the public and private sectors. The results found a significant positive relationship for the private sector and a significant positive relationship between ERM and risk disclosure for the public sector sample. The results show preferable values for private than public for the variables; ERM and risk disclosure score. That means that the private sector companies give more consideration to the ERM and risk disclosure than the public sector.
Authors and Affiliations
Mohamed Hassan Abdel-Azim Department Of Accounting Cairo University, Cairo, Egypt Email: mhassan35@gmail. com Mostafa Abdelrahman Fekry1 Qatar National Bank, Egypt Email: mostafa.fekry@yahoo.com Zakia Abdelmoneim2 Department Of Accounting Cairo University, Cairo, Egypt Email: zalaaeldeen@msa. edu. eg
Keywords
Related Articles
- EP ID EP714947
- DOI 10.21608/MSAMSJ.2022.273427
- Views 82
- Downloads 0
Does downside beta matter in asset pricing? Evidence from the Egyptian Stock Exchange
harpe’s (1964) beta was heavily criticized by scholars pinpointing many predicaments. Initially, the downside framework was introduced by Markowitz (1959) as an alternative to Sharpe’s beta. Many studies later investigat...
Investigating Barriers to Supply Chain Resilience Strategies: A Monte-Carlo Simulation Approach
Nowadays, the term Resilience has acquired significance in supply chain management (SCM) research studies. So, the importance of resilience was driven to study the implementation of supply chain resilience (SCR) in Egypt...
THE IMPACT OF NETFLIX’S CONTROVERSIAL AND ILLICIT CONTENT ON CHANGING USERS ’ ATTITUDES IN EGYPT
the paper aims to study the relationship between the impact of Netflix’s controversial and illicit content on changing users ’attitudes in Egypt. The researchers used the non-probability sampling technique. Based on surv...
THE IMPACT OF CIRCULAR ECONOMY ON ECONOMIC DEVELOPMENT IN EGYPT
In response to the climate challenge, an alternative economic system is gaining popularity and interest: the circular economy. The main objectives of this research is to Change behavior and spread the awareness about cir...
THE EFFECT OF DISTRIBUTION CHANNELS’ STRATEGIES AND TYPES ON CONSUMERS’ BUYING BEHAVIOR OF CONVENIENCE PRODUCTS
extend to be the core for creating competitive advantages for many products, especially for fast-moving consumer goods where product accessibility is a main determinant for consumers’ buying behaviour. Accordingly, the p...