126581

Readability of annual reports of firms listed in Egyptian Exchange

Article

Last updated: 04 Jan 2025

Subjects

-

Tags

-

Abstract

The research aims to examine two fold objectives. First, it measures the readability of chairman's letter and social responsibility textual report throughout financial and non-financial firms in Egypt. Second, it describes the relationship among extant techniques of readability in accounting literature. The research utilizes exclusively five techniques in order to analyze narrative disclosure regarding prior paragraphs of annual reports. Unlike prior literature, the research analyzes the textual content using comprehensive set of measures which are Flesch reading ease, Gunning fog, Flesch-Kincaid grade, SMOG grade, Dale-Chall score. The results reveal that there is no significant difference between financial and non-financial Egyptian firms concerning the theme of readability of annual reports. Whereas the relationship between Flesch reading ease and other extant measures of readability is negative and significant. The research provides practical implications to shareholders, stakeholders, investors, financial analysts and other interested parties as they will be better able to detect the managerial obfuscation and understand easily the content of narrative annual reports.   

DOI

10.21608/caf.2017.126581

Keywords

: Readability formulas, social responsibility, narrative disclosure, Egypt

Authors

First Name

محسن عبيد عبدالغفار

Last Name

يونس

MiddleName

-

Affiliation

کلية التجارة جامعة المنوفية

Email

-

City

-

Orcid

-

Volume

37

Article Issue

4

Related Issue

18853

Issue Date

2017-12-01

Receive Date

2017-01-30

Publish Date

2017-12-01

Page Start

25

Page End

42

Print ISSN

1110-4716

Online ISSN

2682-4825

Link

https://caf.journals.ekb.eg/article_126581.html

Detail API

https://caf.journals.ekb.eg/service?article_code=126581

Order

13

Publication Type

Journal

Publication Title

التجارة والتمويل

Publication Link

https://caf.journals.ekb.eg/

MainTitle

Readability of annual reports of firms listed in Egyptian Exchange

Details

Type

Article

Created At

22 Jan 2023