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Browsing Humanities by Author "Ahmad Muhammad Tawfeq Abed"

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    The Impact of Audit Committee Characteristics on Environmental Disclosure: Evidence from STOXX Europe 600 Index During the Period 2012-2018
    (جامعة النجاح الوطنية, 2025-07-14) Ahmad Muhammad Tawfeq Abed
    Environment, in its simplest concept, is everything that surrounds humans from living organisms on the surface of the earth, and the environment includes the earth and what it contains and space and what it contains, from here we assert that we deal with the environment periodically and it determines our survival. The researcher can refer to environmental disclosure as a form of corporate social responsibility resulting from the practice of its activities that negatively affect the environment, as environmental disclosure protects the environment from all forms of pollution. Since the audit committee helps the company's managements at all levels to control and improve their performance to achieve all their goals, this research came with the aim of revealing the impact of the characteristics of the audit committee, which are financial expertise (ACFEX), independence of the audit committee (ACIND), number of committee meetings (ACME), and number of audit committee members (ACSIZ), on environmental disclosure: evidence from the STOXX Europe 600 index during the period 2012-2018. The study included a sample of 600 companies, with 4,171 entries out of 4,200, representing a representativeness rate of 99.3%. Environmental disclosures were measured using the Bloomberg Environmental, Social, and Governance Disclosure Index, with a disclosure score ranging from 0 to 100. Audit committee characteristics were measured by measuring its four main dimensions. In this study, we used panel regression analysis to test the effect of audit committee characteristics on environmental disclosure, using STATA software. Descriptive analysis and a correlation matrix were employed to measure the relationship between variables, in addition to regression analysis to determine the direction and strength of these relationships. The study revealed a strong positive effect of both the number of audit committee meetings and the number of audit committee members on environmental disclosures, while the study found no significant effect of either the financial expertise or the independence of audit committee members. The study also revealed variations in the quality and quantity of environmental disclosures among companies listed on the Stoxx Europe 600 Index, with disclosures sometimes substantial and sometimes minimal. The quality of environmental disclosures also varied, with some being mandatory and others voluntary.