The Impact of Climate Change Risk Disclosure on Financial Reports Transparency: The Moderating Role of Institutional Investors

Abstract

This research explores the impact of climate change risk disclosure on financial reports transparency, with a specific focus on the moderating role of institutional investors. Climate change has emerged as one of the most pressing challenges facing the global economy, and its potential ramifications for businesses are substantial., As a result, there has been an increasing demand for companies to disclose information about their climate-related risks and opportunities. This study examines whether and how this disclosure affects financial reports transparency, and the extent to which institutional investors influence this relation-ship using a sample of 108 Egyptian companies during the period ending in 2022.