الفهرس 
Chapter (1) IntroductionOnly 14 pages are availabe for public view
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Abstract
Earnings opacity is a pervasive phenomenon internationally which constitutes a major threat to the transparency and quality of financial reports. This study examines the existence and the extent of earnings opacity in the financial statements of Egyptian listed firms, further, the study measures the impact of earnings opacity and its main components (Earnings aggressiveness, Loss avoidance, Earnings smoothing) on the value of Egyptian listed firms. Based on 238 observations from 34 listed companies in the Egyptian stock Exchange (EGX 30) for the period from 2013 till 2019, the results of the study indicate that the overall earnings opacity and its three main components (Earnings aggressiveness, Loss avoidance, Earnings smoothing) do exist and significantly affect the financial statements of the Egyptian listed companies in the sample. Furthermore, results revealed that there is a significant negative impact of the overall earnings opacity and two of its main components (Earnings aggressiveness and Loss avoidance) on the value of the Egyptian listed firms in the sample. Findings indicate that these results can be generalized to the whole population of the study.