The aim of this paper is to investigate the association between corporate risk disclosure and firm performance (ROA, ROE, and ESP), Using SPSS statistical, results show that there is an insignificant association between liquidity risk, interest rate risk, credit risk, exchange rate and firm profitability.
This study is restricted to examine one year annual report 2013, exclude financial sector due to their specific law and rules and sample size on the other hand, this research paper is limited to investigating the association between risk disclosure mainly financial risk, liquidity risk and profitability.
This study contributes to literature in many reasons:
Firstly, in line with Mousa at al 2013, Vandemelle 2009 documents that there is a negative relationship between corporate risk disclosure and profitability
Secondly, this paper is one of very few studies which investigate the determinants of corporate risk disclosure in an Arab country (Egypt)
Thirdly, this study use EPS for measure profitability
Finally, this study encourages accounting setters to improve risk disclosure practice which could affect decisions making