THE EFFECT OF STRANDED ASSETS IMPAIRMENT ON FIRM VALUE: THE MODERATING ROLE OF CLIMATE CHANGE RISK DISCLOSURE TRANSPARENCY WITH APPLIED EVIDENCE FROM EGYPTIAN CEMENT INDUSTRY
The purpose of this study is to analyze the moderating effect of climate change risk disclosure as well as the effect of stranded assets impairment on business value in cement listed firms in the Egyptian environment which consist of 16 firms, the final sample for the study becomes 81 observations f...
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| Format: | Article |
| Language: | English |
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Center for Quality, Faculty of Engineering, University of Kragujevac, Serbia
2025-03-01
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| Series: | International Journal for Quality Research |
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| Online Access: | http://ijqr.net/journal/v19-n1/20.pdf |
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| author | Huda M. Abdallah Samhi Abdelaty Difalla Mukhtar Suleiman Abdalaziz M. Alhaggan |
| author_facet | Huda M. Abdallah Samhi Abdelaty Difalla Mukhtar Suleiman Abdalaziz M. Alhaggan |
| author_sort | Huda M. Abdallah |
| collection | DOAJ |
| description | The purpose of this study is to analyze the moderating effect of climate change risk disclosure as well as the effect of stranded assets impairment on business value in cement listed firms in the Egyptian environment which consist of 16 firms, the final sample for the study becomes 81 observations for the period between 2017 and 2023. Firm value measured by the Tobin's Q and economic value added. The climate disclosure index was used to determine the disclosure level of climate change risk according to the Egyptian Financial Supervision Authority's decisions. The results of this study indicate that Stranded assets impairments negatively affect the firm value, while, climate change risk disclosure positively affects the firm Value, and moderated relationship for the interaction between the stranded assets impairments and total climate change risk disclosure positively affects the firm value measured by the Tobin's Q and economic value added (EVA). |
| format | Article |
| id | doaj-art-5b15ec66d23e4df6881065fdb46dcdfb |
| institution | Kabale University |
| issn | 1800-6450 1800-7473 |
| language | English |
| publishDate | 2025-03-01 |
| publisher | Center for Quality, Faculty of Engineering, University of Kragujevac, Serbia |
| record_format | Article |
| series | International Journal for Quality Research |
| spelling | doaj-art-5b15ec66d23e4df6881065fdb46dcdfb2025-02-11T15:03:09ZengCenter for Quality, Faculty of Engineering, University of Kragujevac, SerbiaInternational Journal for Quality Research1800-64501800-74732025-03-011931335610.24874/IJQR19.01-20THE EFFECT OF STRANDED ASSETS IMPAIRMENT ON FIRM VALUE: THE MODERATING ROLE OF CLIMATE CHANGE RISK DISCLOSURE TRANSPARENCY WITH APPLIED EVIDENCE FROM EGYPTIAN CEMENT INDUSTRYHuda M. Abdallah 0https://orcid.org/0009-0003-2117-574XSamhi Abdelaty Difalla 1https://orcid.org/0000-0002-2176-7548Mukhtar Suleiman 2https://orcid.org/0009-0000-6689-3460Abdalaziz M. Alhaggan 3https://orcid.org/0009-0008-0588-1691Accounting and Auditing Department, Faculty of Commerce, Suez Canal University, Ismailia, Egypt Department of Accounting, College of Business Administration in Hawtat Bani Tamim, Prince Sattam bin Abdulaziz University, Saudi Arabia & Assistant Professor, Department of Accounting, Faculty of Commerce and Business Administration, Helwan University, Egypt Modern academy for Computer science and management technology in maadi, Egypt Faculty of Economics & Management, October 6 University, Egypt The purpose of this study is to analyze the moderating effect of climate change risk disclosure as well as the effect of stranded assets impairment on business value in cement listed firms in the Egyptian environment which consist of 16 firms, the final sample for the study becomes 81 observations for the period between 2017 and 2023. Firm value measured by the Tobin's Q and economic value added. The climate disclosure index was used to determine the disclosure level of climate change risk according to the Egyptian Financial Supervision Authority's decisions. The results of this study indicate that Stranded assets impairments negatively affect the firm value, while, climate change risk disclosure positively affects the firm Value, and moderated relationship for the interaction between the stranded assets impairments and total climate change risk disclosure positively affects the firm value measured by the Tobin's Q and economic value added (EVA).http://ijqr.net/journal/v19-n1/20.pdfstranded assetsfirm valueassets impairmentclimate change risk disclosure |
| spellingShingle | Huda M. Abdallah Samhi Abdelaty Difalla Mukhtar Suleiman Abdalaziz M. Alhaggan THE EFFECT OF STRANDED ASSETS IMPAIRMENT ON FIRM VALUE: THE MODERATING ROLE OF CLIMATE CHANGE RISK DISCLOSURE TRANSPARENCY WITH APPLIED EVIDENCE FROM EGYPTIAN CEMENT INDUSTRY International Journal for Quality Research stranded assets firm value assets impairment climate change risk disclosure |
| title | THE EFFECT OF STRANDED ASSETS IMPAIRMENT ON FIRM VALUE: THE MODERATING ROLE OF CLIMATE CHANGE RISK DISCLOSURE TRANSPARENCY WITH APPLIED EVIDENCE FROM EGYPTIAN CEMENT INDUSTRY |
| title_full | THE EFFECT OF STRANDED ASSETS IMPAIRMENT ON FIRM VALUE: THE MODERATING ROLE OF CLIMATE CHANGE RISK DISCLOSURE TRANSPARENCY WITH APPLIED EVIDENCE FROM EGYPTIAN CEMENT INDUSTRY |
| title_fullStr | THE EFFECT OF STRANDED ASSETS IMPAIRMENT ON FIRM VALUE: THE MODERATING ROLE OF CLIMATE CHANGE RISK DISCLOSURE TRANSPARENCY WITH APPLIED EVIDENCE FROM EGYPTIAN CEMENT INDUSTRY |
| title_full_unstemmed | THE EFFECT OF STRANDED ASSETS IMPAIRMENT ON FIRM VALUE: THE MODERATING ROLE OF CLIMATE CHANGE RISK DISCLOSURE TRANSPARENCY WITH APPLIED EVIDENCE FROM EGYPTIAN CEMENT INDUSTRY |
| title_short | THE EFFECT OF STRANDED ASSETS IMPAIRMENT ON FIRM VALUE: THE MODERATING ROLE OF CLIMATE CHANGE RISK DISCLOSURE TRANSPARENCY WITH APPLIED EVIDENCE FROM EGYPTIAN CEMENT INDUSTRY |
| title_sort | effect of stranded assets impairment on firm value the moderating role of climate change risk disclosure transparency with applied evidence from egyptian cement industry |
| topic | stranded assets firm value assets impairment climate change risk disclosure |
| url | http://ijqr.net/journal/v19-n1/20.pdf |
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