The Impact of Family Involvement on the Relationship between COVID-19 Disclosure and Stock Price Crash Risk: Evidence from Egypt

نوع المستند : المقالة الأصلية

المؤلفون

1 Lecturer in Accounting, Faculty of Commerce, Mansoura University

2 Associate Professor in Accounting, Faculty of Commerce, Kafr Elsheikh University

المستخلص

This study aimed to examine the relationship between COVID-19 disclosure and stock price crash risk and the moderating role of family involvement in ownership and board. Using a sample of 114 observations for non-financial listed firms on the EGX100 EWI during the Corona pandemic 2020-2021, the results indicated that there is an insignificant relationship between COVID-19 disclosure and stock price crash risk. Concerning the moderating role of family involvement, the results indicated that family involvement in ownership and board negatively moderates the relationship between COVID-19 disclosure and stock price crash risk.
 

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