TY  - JOUR
AB  - Purpose The purpose of this paper is to examine corporate risk disclosure (CRD) practices and determinants in the annual reports of Egyptian listed companies during the 2011 political crisis (uprising) in Egypt.Design/methodology/approach Content analysis of the annual reports of a sample of non-financial listed companies representing different industry sectors was conducted to investigate attributes and factors underlying their risk disclosures.Findings The findings demonstrate that companies disclosed more monetary, future and good risk information. The results show a positive and significant relationship between company size and the level of CRD, a positive but insignificant relationship between the extent of CRD and some company-specific characteristics: industry type, profitability and cross-listing, and a negative and insignificant relationship between corporate reserves and the level of CRD.Research limitations/implications A larger sample size would be needed for greater generalization of the findings. This study extends the literature on CRD by examining CRD practices at a time of current and ongoing crisis. However, more research is needed to examine variations in CRD practices before and after the 2011 political crisis.Practical implications The results could be used by information users, companies and the capital market authority to inform policy-making and tighten regulations to improve CRD. Recommendations are made for improving the quality and informativeness of risk information.Originality/value It is important to investigate CRD practices, considering the dearth of research, particularly in emerging capital markets and during crises, when companies are exposed to more, especially uncontrollable, risks. This study fills a void in literature by examining CRD practices during the 2011 political crisis in Egypt.
VL  - 17
IS  - 4
SN  - 0967-5426
DO  - 10.1108/JAAR-02-2015-0012
UR  - https://doi.org/10.1108/JAAR-02-2015-0012
AU  - Marzouk Mahmoud
PY  - 2016
Y1  - 2016/01/01
TI  - Risk reporting during a crisis: evidence from the Egyptian capital market
T2  - Journal of Applied Accounting Research
PB  - Emerald Group Publishing Limited
SP  - 378
EP  - 396
Y2  - 2024/04/20
ER  -