International Journal of Social Science & Economic Research
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Title:
THE IMPACT OF AUDIT COMMITTEE'S FINANCIAL EXPERIENCE ON SUSTAINABILITY PERFORMANCE DISCLOSURE

Authors:
Mohamed Mahmoud Elhoushy , Mohamed Khamis Zaytoun and Ahmad Salama Elshamy

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Mohamed Mahmoud Elhoushy1 , Mohamed Khamis Zaytoun2 and Ahmad Salama Elshamy3
1,2. Associate Professor of Accounting- Arab East College, Riyadh Saudi Arabia
1,2. Associate Professor of Accounting- Damanhour University, Egypt
3. Lecturer of Accounting- Damanhour University, Egypt

MLA 8
Elhoushy, Mohamed Mahmoud, et al. "THE IMPACT OF AUDIT COMMITTEE'S FINANCIAL EXPERIENCE ON SUSTAINABILITY PERFORMANCE DISCLOSURE." Int. j. of Social Science and Economic Research, vol. 8, no. 11, Nov. 2023, pp. 3361-3379, doi.org/10.46609/IJSSER.2023.v08i11.003. Accessed Nov. 2023.
APA 6
Elhoushy, M., Zaytoun, M., & Elshamy, A. (2023, November). THE IMPACT OF AUDIT COMMITTEE'S FINANCIAL EXPERIENCE ON SUSTAINABILITY PERFORMANCE DISCLOSURE. Int. j. of Social Science and Economic Research, 8(11), 3361-3379. Retrieved from https://doi.org/10.46609/IJSSER.2023.v08i11.003
Chicago
Elhoushy, Mohamed Mahmoud, Mohamed Khamis Zaytoun, and Ahmad Salama Elshamy. "THE IMPACT OF AUDIT COMMITTEE'S FINANCIAL EXPERIENCE ON SUSTAINABILITY PERFORMANCE DISCLOSURE." Int. j. of Social Science and Economic Research 8, no. 11 (November 2023), 3361-3379. Accessed November, 2023. https://doi.org/10.46609/IJSSER.2023.v08i11.003.

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ABSTRACT:
This research aims to find practical evidence on the extent to which there is a relationship between the audit committee financial experience and the sustainability performance disclosure, by conducting an applied study on a sample of joint stock companies listed on the Egyptian Stock Exchange during the period from 2015 to 2018. Forming audit committees is related to the goal of achieving credibility in financial reports, reducing fraudulent practices, and profits management. The lack of financial experience affects the perceived credibility of financial reports on the part of the external auditor. There is a positive impact of financial experience on the level of disclosure of sustainable performance (in its various dimensions) in terms of the nature of the information and the extent to which it is subject to assurance and certification services by a third party. The results of the research hypothesis test also indicate that there is a statistically significant positive effect of financial experience on governance disclosure, which indicates that there is a positive effect of financial experience on the quality of the accounting report in reference to the governance role exercised by the audit committee in preparing financial reports.

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