Abstract
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.
