Publication Date: 2023/08/18
Abstract: Purpose: This study aims to measure the effect of the Corona virus outbreak on the quality of financial reporting in Companies Listed on the Egyptian Stock Exchange. The study hypothesis states that: The first hypothesis: there is no statistically significant relationship between Corona virus outbreak and the quality of financial reporting. The second hypothesis: there is statistically significant relationship between Corona virus outbreak and the quality of financial reporting. Design/methodology/approach: An Analytical Study: through the analysis of what was mentioned in books and periodicals, which deals with measures are analytical and that helps for obtaining information and evidence sufficient to enable him to carry out an analytical study for covid 19 and the quality of financial reporting? An applied study: The study population consists of the companies listed on the Egyptian Stock Exchange. The study population includes 91companies on EGX 100 for the period under study represented in 18 sectors of various activities and to provide a good representation of the various sectors and industries operating within the Egyptian economy. Data was analyzed using percentage, tables , correlation, regression techniques and with statistical package for social science (SPSS) was used to test the regression analysis was employed to measure the influence of Corona virus outbreak on the quality of financial reporting in Companies Listed on the Egyptian Stock Exchange at 95% confidence level. Findings: The study results and statistical show that the quality of corporate financial reporting has been lower during the pandemic. Specifically, companies have engaged in greater earnings management through real business during the pandemic. Accordingly, to the previously mentioned results we cannot reject the null hypothesis " there is no statistically significant relationship between Corona virus outbreak and the quality of financial reporting.” and the alternative hypothesis “there is statistically significant relationship between Corona virus outbreak and the quality of financial reporting” is rejected.
Keywords: Financial reporting, Earnings management, COVID-19.
DOI: https://doi.org/10.5281/zenodo.8262376
PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT23JUL1681.pdf
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