Measuring The Impact Of The Quality of Forward-Looking Disclosure in annual reports On The firm Value: An Applied Study On Companies Listed In The Egyptian Stock Market

Abstract

This research aims to measure the effect of the quality of forward - looking Information in annual reports on company Value in the Egyptian stock market, to test the study's hypotheses, the researcher used the content analysis method to obtain the necessary data from the financial statements, board reports and annual reports of companies. To measure the quality of forward - looking information disclosure, the researcher created a weighted index consisting of 60 items and divided it into forward - looking financial information and forward - looking information non-financial information. The study sample consisted of all the companies listed in the EGX 100 index during the period from 2015: 2019, and the final sample size was 62 companies with 310 views. The most important findings of the study include the existence of a positive relationship between the quality of forward - looking Information. While the that the size of the company is an important factor affecting the quality of disclosure of forward - looking Information, while the researcher did not find any relationship between the quality of disclosure of forward - looking Information and the firm value.