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
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- EP ID EP714947
- DOI 10.21608/MSAMSJ.2022.273427
- Views 98
- Downloads 0
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