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21034

THE IMPACT OF THE DISCLOSURE OF SOCIAL RESPONSIBILITY IN THE CORPORATE’S REPORTS ON THE STOCK PRICES OF COMPANIES LISTED IN THE EGYPTIAN SECURITY MARKET: AN APPLIED STUDY

Article

Last updated: 03 Jan 2025

Subjects

-

Tags

Economics

Abstract

The current study drove at identifying the impact of environmental responsibility disclosure in corporations' reports on prices of the Egyptian stock variables-included corporations. This study was applied on (10) companies included within the S&P EGX ESG indicator in the time duration from 2011 to 2015. The content of reports, financial statements, and corporations' sites on the international information net (internet) was reviewed using the content analysis approach. Data was analyzed using statistical approaches for testing relationship between study variables regarding the independent variable represented in disclosure of social responsibility and dependent variable reflected in prices of shares. Results indicate through the statistical analysis at testing hypotheses a low level of disclosure of social responsibility of corporations, as the disclosure level is 44.12% because of low pressure of stockholders on companies to fulfill their social role, since disclosure of social responsibility is an optional disclosure. The study indicates that there is no significant statistical relationship between disclosure of social responsibility in stock-included corporations and the shares of these corporations

DOI

10.21608/jes.2017.21034

Keywords

Key Words: Disclosure of Social Responsibility – Stock Price – Egyptian Stock Exchange

Authors

First Name

Abd ElBar,

Last Name

A. H.

MiddleName

-

Affiliation

Faculty of Commerce Ain Shams University

Email

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City

-

Orcid

-

First Name

Gohr,

Last Name

K. M.

MiddleName

-

Affiliation

Faculty of Commerce Ain Shams University

Email

-

City

-

Orcid

-

First Name

Mohamed,

Last Name

W. M.

MiddleName

-

Affiliation

Egyptian Agricultural Bank

Email

-

City

-

Orcid

-

Volume

39

Article Issue

3

Related Issue

4046

Issue Date

2017-09-01

Receive Date

2017-09-09

Publish Date

2017-09-09

Page Start

369

Page End

389

Print ISSN

1110-0826

Online ISSN

2636-3178

Link

https://jes.journals.ekb.eg/article_21034.html

Detail API

https://jes.journals.ekb.eg/service?article_code=21034

Order

20

Type

Review Article

Type Code

599

Publication Type

Journal

Publication Title

Journal of Environmental Science

Publication Link

https://jes.journals.ekb.eg/

MainTitle

THE IMPACT OF THE DISCLOSURE OF SOCIAL RESPONSIBILITY IN THE CORPORATE’S REPORTS ON THE STOCK PRICES OF COMPANIES LISTED IN THE EGYPTIAN SECURITY MARKET: AN APPLIED STUDY

Details

Type

Article

Created At

22 Jan 2023