Elmarzouky, Mahmoud, Albitar, Khaldoon, Karim, ATM Enayet and Saber Moussa, Ahmed (2021). COVID-19 disclosure: a novel measurement and annual report uncertainty. Journal of Risk and Financial Management, 14 (12),
Abstract
This paper provides a unique COVID-19 disclosure measurement and investigates the association between the level of COVID-19 disclosure and uncertainty within annual reports for UK FTSE-All share non-financial firms. We used automated textual analysis to score the sampled annual reports. The results show that the level of COVID-19 disclosure varies from industry to industry. Furthermore, there is a positive relationship between COVID-19 disclosure and uncertainty in annual reports. Firms with larger boards exhibit more significant uncertainty in annual reports with COVID-19 disclosure. However, the significance of uncertainty in annual reports with COVID-19 disclosure remains at the same level with different board independence percentages. The unique findings of this paper are extremely relevant to governments, shareholders, policymakers, suppliers, and creditors.
Publication DOI: | https://doi.org/10.3390/jrfm14120616 |
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Divisions: | College of Business and Social Sciences > Aston Business School > Accounting College of Business and Social Sciences |
Additional Information: | © 2021 by the authors. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/ 4.0/). |
Uncontrolled Keywords: | COVID-19 disclosure,Annual report uncertainty,Board size,Independent directors,Textual analysis |
Last Modified: | 30 Sep 2024 13:13 |
Date Deposited: | 17 Nov 2022 11:45 |
Full Text Link: | |
Related URLs: |
https://www.mdp ... -8074/14/12/616
(Publisher URL) |
PURE Output Type: | Article |
Published Date: | 2021-12-19 |
Accepted Date: | 2021-12-17 |
Authors: |
Elmarzouky, Mahmoud
(
0000-0001-9867-6057)
Albitar, Khaldoon Karim, ATM Enayet Saber Moussa, Ahmed |