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374652

The Impact of Accounting Disclosure of Sustainable Development Practice on Accounting Information’s Predictive Ability (Applied Study)

Article

Last updated: 24 Dec 2024

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Abstract

The research seeks to analyze the impact of the accounting disclosure of sustainable development practices on accounting information's predictive ability. The study depends on a sample of 42 companies of those listed on the Egyptian Stock Exchange working in various sectors during the period from (2018-2022). The results of the study reveal that there is a positive relationship between the disclosure of sustainable development practices in its three dimensions and accounting conservatism as a measure of the predictive ability of accounting information, and, there is a positive relationship between the disclosure of sustainable development practices (as a cumulative index of three dimensions combined) and the price model of the value relevance of accounting information as a measure of the predictive ability of accounting information. Based on the results, the research recommends motivating the Egyptian firms to increase the level of accounting disclosure of sustainable development practices as a method of enhancing accounting information predictive ability to attract new investment opportunities.

DOI

10.21608/masf.2024.374652

Keywords

sustainable development practices, Accounting Disclosure of Sustainable Development, Predictive Ability of Accounting Information

Authors

First Name

Prof. Dr. Mostafa Rashed

Last Name

El-Abady

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Affiliation

Professor of Auditing, Former Dean of Faculty of Commerce, Benha University

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First Name

Prof. Dr. Mohamed Ali Mohamed

Last Name

Wahdan

MiddleName

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Affiliation

Professor of Auditing, Dean of Faculty of Commerce, Menoufia University

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Orcid

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First Name

Reham Ahmed Farag Abdul Samad

Last Name

Matar

MiddleName

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Affiliation

Demonstrator in the Department of Accounting

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Volume

16

Article Issue

3

Related Issue

49835

Issue Date

2024-09-01

Receive Date

2024-09-01

Publish Date

2024-09-01

Page Start

790

Page End

827

Print ISSN

2682-2113

Online ISSN

2682-2121

Link

https://masf.journals.ekb.eg/article_374652.html

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https://masf.journals.ekb.eg/service?article_code=374652

Order

13

Type

المقالة الأصلية

Type Code

863

Publication Type

Journal

Publication Title

المجلة العلمية للدراسات والبحوث المالية والإدارية‎

Publication Link

https://masf.journals.ekb.eg/

MainTitle

The Impact of Accounting Disclosure of Sustainable Development Practice on Accounting Information’s Predictive Ability (Applied Study)

Details

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Article

Created At

24 Dec 2024