The Role of Sustainable Disclosure in Enhancing the Efficiency of Investment Decisions for Companies Listed on the Financial Market
DOI:
https://doi.org/10.31150/ajebm.v7i5.2796Keywords:
Disclosure, Sustainable Disclosure, onal Financial Reporting Standards (IFRS), Investment DecisionsAbstract
A vital part of delivering both financial and non-financial information is sustainable accounting disclosure. This information enhances the significance and understanding of financial instruments and the way the financial markets handle them. It also supports the selection of suitable accounting rules, risk management, and the application of these tools in well-informed choices. By offering pertinent data, sustainable accounting disclosure helps investors even more. To optimize the advantages for users, the disclosure principle requires the provision of thorough accounting data and information. The subjective notion of disclosure highlights the value of financial statements as a tool for decision-making, especially when it comes to making investments. It is critical to realize that disclosure is a tool to help all parties concerned make educated decisions, not an end in and of itself.The hypothesis was tested in the study using the Pearson correlation coefficient, and The findings demonstrated a statistically significant correlation between investors' success and the level of sustainable disclosure. choices of joint-stock companies. According to the results, the significance level is deemed to be less than 0.05, at 0.000. Furthermore, 0.896 is the correlation coefficient value.
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Copyright (c) 2024 Ibrahim Naeem Hasan, Mohammed Shakour Ahmed, Omar Hadi Ali
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