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Determinants of Corporate COVID-19 Narrative Reporting: Evidence from an Emerging Market

مؤلف البحث
Mohsen Anwar Abdelghaffar Saleh
تاريخ البحث
قسم البحث
مجلة البحث
Springer, Cham
المشارك في البحث
الناشر
Springer, Cham
عدد البحث
vol 440
موقع البحث
https://link.springer.com/chapter/10.1007/978-3-031-42085-6_14
سنة البحث
2024
ملخص البحث

This paper contributes to the existing narrative reporting literature by examining the determinants of corporate COVID-19 narrative reporting in an emerging market, Egypt. The authors utilized manual content analysis to evaluate how companies listed on the Egyptian Stock Exchange (EGX) communicated their response to COVID-19 during the pandemic from 2020 to 2021. Additionally, the authors employed OLS regression analysis to investigate how firm characteristics and corporate governance mechanisms influenced corporate COVID-19 narrative reporting. The empirical analysis shows that large firms and firms with high profitability are more likely to corporate with COVID-19 narrative reporting. In addition, the study shows that board size, audit committee size and board independence are positively associated with corporate COVID-19 narrative reporting. Finally, the analysis indicates a statistically insignificant impact of industry type on corporate COVID-19 narrative reporting. Our results have a significant impact on academics, management, shareholders, governments, and regulators. The results of this study, for instance, may be used to create legislation for a suitable corporate governance framework, showing that good governance enhances disclosure practices in times of crisis.