Quality of information systems and optional disclosure of financial and non-financial information -An applied study on the industrial companies active in the Egyptian Stock Exchange during the period 2008-2018

The objective of this research is to examine the impact of the quality of information systems in improving the level of voluntary disclosure in the financial reports of the active industrial firms listed on the Egyptian Stock Exchange; through answering the main question of the research, "What is the effect of the quality of information systems in improving the level of voluntary disclosure in the financial reports of industrial firms active and listed on the Egyptian Stock Exchange during 2008 to 2018?"
The importance of the research is dealing with the issue of the quality of information systems as an important tool of producing either compulsory or voluntarily information in the industry sector as one of the most important sector in the Egyptian economy. The research has followed the descriptive analytical approach and the inductive approach to analyze the relationship between the quality of information systems as an independent variable (accuracy, speed, relevance and integrity) and the level of voluntary disclosure as a dependent variable, In addition, using the firm assets size measured by the natural logarithms as a control variable. The study sample consists of 22 active industrial companies registered in the Egyptian Stock Exchange. The primary data had been collected by two questionnaires; first, to measure the quality factors and the second to measure the level of voluntarily disclosure including the 69 voluntarily disclosure items, 440 questionnaires had been distributed with a response rate of 82%.
The study used statistical methods to verify the validity and reliability of the questionnaires by using Alfa Cronbach, and Pearson correlation coefficient. The research hypotheses were tested using a simple and multiple logistic regression models.
The study found that, there is a variation in the level of voluntary disclosure in the sample of the study, where the results showed that 9.1% of the voluntarily disclosure items are disclosed by all the selected firms. While 40.9% of the items were disclosed by only three firms, meanwhile 51% of the items are disclosed with different proportions. The statistical analysis showed a highly agreement between the firms on the necessity of the existence of the four quality characteristics. Also there is a significant impact of the quality of information systems on the voluntarily disclosure, also, there was no significant effect for small-sized firms at the level of voluntary disclosure of financial and non-financial information, and large firms had more impact at the level of voluntarily disclosure.
The study recommended using the logistic regression model in explaining the relationship between information systems quality and disclosure, the importance of issuing a standard guide for industrial companies to develop information systems, procedures, new technology taking into consideration the information revolution era and the new trends in this scope.