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This paper aims to examine the relationship between corporate COVID-19 disclosure (COVID_DISC) and stock price volatility (SPV) in Egypt.

The authors used the manual content analysis method to measure corporate COVID-19 disclosure in the narrative sections of annual reports. The authors use ordinary least squares (OLS) regression to examine the impact of corporate COVID-19 disclosure on stock price volatility using unique data from Egyptian-listed firms during COVID-19 pandemic over the period of 2020 to 2022. Propensity score matching method was adopted to mitigate the potential endogeneity issue.

This study reveals that corporate COVID-19 disclosure has a significant negative impact on stock price volatility, suggesting COVID-19 disclosure reduces stock price volatility. In addition, the results confirm that COVID-19 disclosure offers value relevant information to investors, which is consistent with the Egyptian Financial Supervisory Authority’s (EFSA) motivation in calling for more information on COVID-19 pandemic.

The findings of this study can help corporate managers and EFSA in enhancing corporate disclosure and transparency during future financial crises. Moreover, the findings offer valuable insights to investors, helping them gain a better understanding of the business environment during COVID-19 crisis.

To the best of the authors’ knowledge, this is the first Egyptian empirical evidence that examines the relationship between corporate COVID-19 disclosure and stock price volatility.

This paper aims to examine the impact of board gender diversity (BOGD) following the adoption of gender quota legislation on earnings management (EM) in an emerging market, Egypt, whose cultural and economic conditions and institutional context are unlike most previously studied countries’ context.

The authors use ordinary least squares (OLS) regression to estimate the impact of gender quota legislation on EM using data from listed companies in Egypt from 2015 to 2022. Difference-in-difference (DID) approach estimation was used to validate the robustness of the main results.

This paper documents that gender diversity on boards has a significantly negative impact on EM. In addition, this paper provides robust evidence using the DID approach to show that BOGD is significantly negatively linked with EM for the period following gender quota legislation. Furthermore, the results support the critical mass and agency theories.

The findings of this study have important implications for Egyptian companies, regulatory bodies and investors in emerging markets. Specifically, these results suggest that when choosing board members, enterprises should pay particular attention to BOGD, and female involvement in all listed firms should be monitored by regulators.

This paper provides evidence supporting the positive contribution of women in society by enhancing the economic performance of Egyptian firms and promoting the country’s sustainable development strategy in light of Egypt vision 2030.

As per the authors' knowledge, this empirical study is unique in investigating the impact of BOGD quota regulation on EM in Egypt. This paper contributes to BOGD as a major factor in improving financial reporting quality in Egyptian companies.

This chapter aims to examine the impact of whistleblowing policy (WH) on earnings management (EM) in an emerging market, Egypt. Our sample period from 2014 to 2019: the pre-whistleblowing policy period is 2014–2016 and the post-whistleblowing policy period is 2017–2019 with a total of 780 observations and the data are analyzed using ordinary least squares (OLS) regression analysis. Data are collected from annual reports, corporate governance reports, and companies’ website. The empirical analysis shows that whistleblowing policy coefficient is negative and significantly impacts EM in Egyptian firms. The result shows that when the firm adopts a whistleblowing policy, it led to decrease in EM. In addition, we provide strong and robust evidence by the difference-in-difference (DID) method to show that whistleblowing is significantly negatively associated with the extent of EM, which indicates that firms have an effective whistleblowing policy and can have several benefits. Firstly, it can help to identify and prevent illegal or unethical behavior within an organization, which can ultimately save the company from potential legal and reputational damage. Secondly, a whistleblowing policy can empower employees to speak up about any concerns they have, without fear of retaliation, which can help to create a more transparent and ethical work environment. Overall, an effective whistleblowing policy can contribute to the long-term success of a company and the broader economy. The findings of this chapter are relevant to policymakers, governments, management, employees, and shareholders to constraining EM in Egyptian firms.

The purpose of this paper is to improve the salt spray corrosion and electrochemical corrosion performances of H13 hot work mould steel, Cr–Ni coatings with the different Cr and Ni mass ratios are fabricated using a laser cladding (LC), which provides an experimental basis for the surface modification treatment of H13 steel.

Cr–Ni coatings with the different Cr and Ni mass ratios were firstly fabricated on H13 hot work mould steel using a laser cladding (LC). The salt spray corrosion (SSC) and electrochemical corrosion performances of Cr–Ni coatings in 3.5 Wt.% NaCl solution were investigated to analyze the corrosion mechanism, and the effect of mass ratios of Cr and Ni on their corrosion mechanism was discussed.

The laser cladded Cr–Ni coatings with the different Cr and Ni mass ratios are composed of Cr–Ni compounds, which are metallurgically combined with the substrate. The SSC resistance of Cr–Ni coating with the Cr and Ni mass ratios of 24:76 is the highest. The electrochemical corrosion resistance of Cr–Ni coating with the Cr and Ni mass ratio of 24:76 is the best among the three kinds of coatings.

In this study, the corrosion resistance of laser cladded Cr–Ni coatings with the Cr and Ni mass ratios of 17: 83, 20: 80 and 24: 76 was first evaluated using salt spray corrosion (SSC) and electrochemical tests, and the effect of mass ratios of Cr and Ni on their corrosion mechanism was discussed.

This paper aims to investigate the effects of Cr and Ta additions on the friction performance and corrosion-wear mechanism of Fe90-Al₂O₃ coating in 3.5% NaCl solution.

Cr and Ta reinforced Fe90-Al₂O₃ coatings were prepared on Q235 steel by laser cladding. The effects of Cr and Ta addition on the coefficient of friction (COF) and wear rate of Fe90-Al₂O₃ coating were investigated using a friction tester, and the wear model was established to discuss its corrosion-wear mechanism.

The average COFs of Fe90-Al₂O₃, Fe90-Al₂O₃-10%Cr and Fe90-Al₂O₃-10%Ta coatings in 3.5% NaCl solution are 0.57, 0.42 and 0.75, respectively, and the corresponding wear rates are 9.42 × 10⁻⁷, 5.31 × 10⁻⁷ and 7.02 × 10⁻⁷ mm³ s⁻¹ N⁻¹, respectively. The corrosion-wear resistance of Fe90-Al₂O₃-10%Cr coating is the best among the three kinds of coatings, in which the additions of Cr and Ta play a role in solid solution strengthening.

The Fe90-Al₂O₃ coating was strengthened by the additions of Cr and Ta to improve its corrosion-wear resistance in 3.5% NaCl solution.

The aim was to investigate the effect of normal load on the tribological performance of laser cladded FeCoCrMoSi amorphous coating, which might choose the appropriate normal load for the friction reduction and wear resistance.

A FeCoCrMoSi amorphous coating was prepared on 45 steel using laser cladding, and the tribological performance of obtained coating under the different normal loads was investigated using a ball-on-disk tribometer.

The FeCoCrMoSi amorphous coating is composed of M₂₃C₆, Co₆Mo₆C₂ and amorphous phases, where the M₂₃C₆ hard phase enhances the coating hardness to increase the wear resistance and the Co₆Mo₆C₂ with the vein shape forms the strong mechanical interlock to play the role of friction reduction. The average coefficients of friction of containing amorphous FeCoCrMoSi coating under the normal loads of 3, 4 and 5 N are 0.68, 0.65 and 0.53, respectively, and the corresponding wear rates are 17.7, 23.9 and 21.9 µm3•N⁻¹•mm⁻¹, respectively, showing that the appropriate normal load is beneficial for improving its friction reduction and wear resistance. The wear mechanism is composed of adhesive wear, abrasive wear and oxidative wear, which is attributed to the high hardness of amorphous coating by the amorphous phase.

The FeCoCrMoSi amorphous coating was first applied for the improvement of 45 steel, and the effect of normal load on its tribological performance was investigated.

The peer review history for this article is available at: https://publons.com/publon/10.1108/ILT-08-2024-0304/

The purpose of this paper is to evaluate the salt spray corrosion (SSC) and electrochemical corrosion performances of CrNi, TiAlN/NiCr and CrNi–Al₂O₃–TiO₂ coatings on H13 steel, which improved the corrosion resistance of H13 hot work mold.

CrNi, TiAlN/NiCr and CrNi–Al₂O₃–TiO₂ coatings were fabricated on H13 hot work mold steel using a laser cladding and cathodic arc ion plating. The SSC and electrochemical performances of obtained coatings were investigated using a corrosion test chamber and electrochemical workstation, respectively. The corrosion morphologies, microstructure and phases were analyzed using an electron scanning microscope, optical microscope and X-ray diffraction, respectively, and the mechanisms of corrosion resistance were also discussed.

The CrNi coating is penetrated by corrosion media, producing the oxide of Fe₃O₄ on the coating surface; and the TiAlN coating is corroded to enter into the CrNi coating, forming the oxides of TiO and NiO, the mechanism is pitting corrosion, whereas the CrNi–Al₂O₃–TiO₂ coating is not penetrated, with no oxides, showing the highest SSC resistance among the three kinds of coatings. The corrosion potential of CrNi coating, TiAlN/CrNi and CrNi–Al₂O₃–TiO₂ coatings was –0.444, –0.481 and –0.334 V, respectively, and the corresponding polarization resistances were 3,074, 2,425 and 86,648 cm², respectively. The electrochemical corrosion resistance of CrNi–Al₂O₃–TiO₂ coating is the highest, which is enhanced by the additions of Al₂O₃ and TiO₂.

The CrNi, TiAlN/CrNi and CrNi–Al₂O₃–TiO₂ coatings on H13 hot work mold were firstly evaluated by the SSC and electrochemical performances.

There is a clear correspondence between different types of high performance work systems (HPWS), economic rents and market entry strategies. This correspondence is manifested through the strategic vertical fit and internal synergetic horizontal fit within HPWS, leading to a “core-periphery” structure in human resource management practice configurations. This study aims to depict the “core-periphery” structure within specific HPWSs by identifying human resource (HR) practice configurations and by analyzing the matching mechanisms and structural characteristics among different HR practices based on the interaction between vertical and horizontal fits.

This study uses a sample of 277 enterprises in East China and employs the ability-motivation-opportunity (AMO) framework and fuzzy-set qualitative comparative analysis (fsQCA) to identify and depict the “core-periphery” structure within HPWS. By integrating fsQCA with t-test, the study explores the interaction between vertical and horizontal fits within HPWS based on economic rent formation mechanisms.

Seven specific HR practice configurations, shown to effectively enhance organizational performance, have been identified and systematically classified into three typologies of HPWS, based on their distinct underlying mechanisms of horizontal and vertical fit.

The data used in this study were sourced from manufacturing enterprises. Future research can enhance generalizability by expanding the dataset and examining whether efficient HPWS exist across different industries.

The findings of this study emphasize the crucial roles of interaction and complementarity among HR practices within HPWS. By extracting and synthesizing HR practice configurations from empirical data, this study provides practical insights for constructing effective HPWS in real-world settings.

First, this study incorporates both vertical and horizontal fits of HPWS into a unified analytical framework, emphasizing their interactive mechanisms and providing a more nuanced understanding of how these fits operate together. This contributes to the existing literature by validating and expanding the understanding of how specific HR practice configurations align with corporate strategies. Second, by adopting a configurational perspective, this study is able to conduct an in-depth exploration of the “core-periphery” structure within HPWS, thereby challenging the widely held assumption within the AMO framework that all HR practices carry equal significance within a specific HPWS. Third, the empirical analyses identify three specific types of HPWS that can be applicable to different new product strategies from a dynamic perspective, providing practical references for companies to select appropriate HPWS types based on their characteristics.

To improve the electrochemical corrosion resistance of cold sprayed Al coating.

A cold sprayed aluminum (Al) coating fabricated on S355 structural steel was oxidized using a micro arc oxidation (MAO). The electrochemical corrosion and impedance spectroscopy were tested to investigate its corrosion performance.

The MAO film is primarily α-Al₂O₃ and γ-Al₂O₃, which increases its density and surface quality. The corrosion potential is positively shifted by 0.2 V, and the electrochemical impedance is significantly increased.

A cold sprayed Al coating on S355 steel was first oxidized using a MAO. The effects of MAO on the microstructure of Al coating were investigated to analyze its electrochemical corrosion behavior.