The Role of Risk Management Committee in Firm Performance and Risk Disclosure

Alsaman, Mostafa Ahmed; Abd Alhamid, Ahmed Ashraf; Abu Krisha, Taha Zakaria

doi:10.21608/sjcp.2023.347345

The Role of Risk Management Committee in Firm Performance and Risk Disclosure "An Empirical Study on the Egyptian Companies"

نوع المستند : المقالة الأصلية

المؤلفون

Accounting Dept-Assiut University

10.21608/sjcp.2023.347345

المستخلص

This study seeks to examine the impact of risk management committee on both firm performance and risk disclosure for a sample of companies listed on the Egyptian Stock Exchange (EGX) for the period from 2016 until 2020. The results of the study showed for empirical regression model (1) that there is a positive significant association between risk management committee’s existence and firm performance. Also, it was found that there is a negative insignificant association between risk management committee’s size and firm performance. Finally, the results indicated that there is a positive significant association between risk management committee’s independence and firm performance.
Concerning empirical regression model (2), the results showed that there is a positive significant association between risk management committee’s existence and risk disclosure. The results also indicated that there is a positive insignificant association between risk management committee’s size and risk disclosure. Finally, it was found that there is a positive significant association between risk management committee’s independence and risk disclosure.

الكلمات الرئيسية

الموضوعات الرئيسية