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Journal of Empirical Studies

September 2014, Volume 1, 3, pp 105-115

The Association Between Corporate Risk Disclosure and Firm Performance in Emerging Country – The Case of Egypt

Marwa Abdel Razek

Marwa Abdel Razek 1

  1. Senior accountant – Al Mamourra for housing and development company Egypt 1

on Google Scholar
on PubMed


 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.

Contribution/ Originality
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  



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