ISSN: 2225-8329
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This research aimed to examine the relationship between the disclosure tone and the forecasting of firms' going concern, with a focus on the mediating role of narcissism. The study analyzed a sample of 66 companies, comprising 453 firm- year observations from entities listed on the Egyptian Stock Exchange during the period from 2017 to 2023. The researcher employed a manual analysis of financial statements alongside regression and path analysis techniques. The findings revealed a statistically significant positive and direct impact of the disclosure tone on the forecasting of firms' going concern. Moreover, narcissism, as measured by the NAR_Score (based on signature size), was found to mediate the relationship between the disclosure tone and the forecasting of firms' going concern. However, this mediating effect was not observed when narcissism was measured using the NAR_Index.
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