The Impact of Forward-looking disclosure on Firm Value and Performance

Abstract

This study sheds some light on the impact of forward-looking information on the firm’s value and on the firm’s performance. The study used a sample of Egyptian firms listed in EGX 100 for years 2019-2022. Manual content analysis is used to measure forward-looking disclosures. To test the research hypotheses, descriptive analysis and regression analysis are used. Results show that forward-looking disclosure has a negative significant impact on firm value, but has no impact on firm’s performance.