Abdel-Salam Abu-Musa, A., Ahmed Abdulrahman, M., Mohamed Refat, E. (2024). The Impact of Climate Change Disclosure in Light of GRI-G4 on Improving Financial Performance of Companies Listed on EGX 30. test, 2(1), 1-20. doi: 10.21608/ajss.2023.227333.1003
Ahmad Abdel-Salam Abu-Musa; Marwa Ahmed Abdulrahman; Eslam Mohamed Refat. "The Impact of Climate Change Disclosure in Light of GRI-G4 on Improving Financial Performance of Companies Listed on EGX 30". test, 2, 1, 2024, 1-20. doi: 10.21608/ajss.2023.227333.1003
Abdel-Salam Abu-Musa, A., Ahmed Abdulrahman, M., Mohamed Refat, E. (2024). 'The Impact of Climate Change Disclosure in Light of GRI-G4 on Improving Financial Performance of Companies Listed on EGX 30', test, 2(1), pp. 1-20. doi: 10.21608/ajss.2023.227333.1003
Abdel-Salam Abu-Musa, A., Ahmed Abdulrahman, M., Mohamed Refat, E. The Impact of Climate Change Disclosure in Light of GRI-G4 on Improving Financial Performance of Companies Listed on EGX 30. test, 2024; 2(1): 1-20. doi: 10.21608/ajss.2023.227333.1003

The Impact of Climate Change Disclosure in Light of GRI-G4 on Improving Financial Performance of Companies Listed on EGX 30

المجلة الأكاديمية للعلوم الإجتماعية
Volume 2, Issue 1, January 2024, Pages 1-20    PDF (2.04 M)
Document Type: بحوث ميدانية
DOI: 10.21608/ajss.2023.227333.1003
Authors
Ahmad Abdel-Salam Abu-Musa* 1; Marwa Ahmed Abdulrahman* 2; Eslam Mohamed Refat* 3
1Professor of Accounting Information Systems, Tanta University, Egypt
2Assistant Professor of Accounting & Auditing, Faculty of Commerce, University of Sadat City, Egypt
3Demonstrator in Accounting & Auditing Department, Faculty of Commerce, University of Sadat City, Egypt
Abstract
Abstract
The purpose of this paper is to identify the impact of disclosure of climate change in light of Global Reporting Initiative (GRI-G4) on improving the financial performance of companies listed on EGX 30.  Empirical study was conducted on a sample of companies listed on EGX 30. The authors relied on the content analysis of the sustainability reports of the companies under investigation during the period from 2018 to 2020 to test the hypotheses of the study related to the presence of a significant impact of disclosing climate changes in light of GRI-G4 and financial performance of companies listed on EGX 30.  The results indicated that there is a significant impact of the disclosure of climate change light of GRI-G4 on the financial performance of the companies under study, represented by return on assets (ROA) and return on equity (ROE). The authors recommended that the Financial Regulatory Authority and the Egyptian Stock Exchange should implement a number of strict procedures to limiting greenhouse gas (GHG) emissions and requiring companies listed on the stock exchange to disclose climate change in their sustainability reports in order to reduce climate change at various stages.
Keywords
Greenhouse Gas (GHG); Return on Assets (ROA); Return on Equity (ROE); Global Reporting Initiative (GRI-G4)
References
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