@article{Elmarzouky_M-2021_171724,
title = {COVID-19 disclosure: a novel measurement and annual report uncertainty},
author = {Elmarzouky, M. and Albitar, K. and Karim, A. and Moussa, A.},
month = {dec},
year = {2021},
abstract = {This paper provides a unique COVID-19 disclosure measurement and investigates the association between the level of COVID-19 disclosure and uncertainty within annual reports for UK FTSE-All share non-financial firms. We used automated textual analysis to score the sampled annual reports. The results show that the level of COVID-19 disclosure varies from industry to industry. Furthermore, there is a positive relationship between COVID-19 disclosure and uncertainty in annual reports. Firms with larger boards exhibit more significant uncertainty in annual reports with COVID-19 disclosure. However, the significance of uncertainty in annual reports with COVID-19 disclosure remains at the same level with different board independence percentages. The unique findings of this paper are extremely relevant to governments, shareholders, policymakers, suppliers, and creditors.},
volume = {14},
issue = {12},
journal = {Journal of Risk and Financial Management},
publisher = {MDPI},
url = {https://doi.org/10.3390/jrfm14120616},
}
