The Impact Of The Board Of Directors’ Characteristics On The Disclosure Of The Effect Of Covid-19 By Saudi Listed Companies

The study aimed to determine the impact of the board of directors' characteristics and the impact of CEOs characteristics on the disclosure of the effect of COVID-19 in financial reports. The study sample included 141 Saudi non-financial firms publicly listed on Tadawul in 2020. The data was also collected using content analysis from companies' annual reports, and the average disclosure of the effect of COVID-19 in financial reports was measured using a disclosure index. The results showed a positive relationship between the number of board meetings and disclosure of the effect of COVID-19 in the financial reports of large companies. There is also a positive impact of the CEO's educational background on the disclosure of the effect of COVID-19. While the impact of the board size, independence, number of board meetings, CEO tenure and CEO age on the disclosure of the effect of COVID-19 in the financial reports of Saudi joint-stock companies was absent