أثر الإفصاح الاختياري عن البعد الاجتماعي للتنمية المستدامة على العلاقة بين ميول المستثمرين ومخاطر انهيار أسعار الأسهم

Abstract

This study aims to examine the effect of investors sentiment on stock price crash risk and developing a purposed model to examine the effect of social dimension of Sustainable Development on the potential relationship between investors sentiment and stock price crash risk. an empirical study was conducted on a sample of (603) observation that co vers (80) companies Listed in the EGX-100 index, during the period (2011-2020). To analyse the data, the researcher used many statistical methods, especially the multiple regression analysis. The results of statistical analysis indicated the following: (1) a positive significant relationship between investors sentiment and stock price crash risk, (2) There is no effect of social dimension of Sustainable Development on stock price crash risk, and finally, (3) there is no effect of the social dimension of Sustainable Development on the relationship between investors sentiment and stock price crash risk.