The Effect of Assuring the Cloud User-Related Cybersecurity Risk Management Voluntary Disclosure on the Nonprofessional Investors’ Judgments and Decisions: The Mediating Role of Perceived Management Assertions Reliability-An Experimental Study in Egypt

Ahmed Mahmoud Saleh, Safaa

doi:10.21608/sjsc.2023.225537.1327

The Effect of Assuring the Cloud User-Related Cybersecurity Risk Management Voluntary Disclosure on the Nonprofessional Investors’ Judgments and Decisions: The Mediating Role of Perceived Management Assertions Reliability-An Experimental Study in Egypt

نوع المستند : المقالة الأصلية

المؤلف

Safaa Ahmed Mahmoud Saleh

قسم المحاسبة، كلية الأعمال، جامعة الإسكندرية

10.21608/sjsc.2023.225537.1327

المستخلص

Given the increasing importance of cyber security risks, this research aims to study and test if the perceived reliability of cybersecurity risk-related management assertions can mediate the relationship between cybersecurity risk management (CSRM) assurance and nonprofessional investors’ judgments and decisions. This research provided evidence demonstrating the significance of CSRM assurance in enhancing nonprofessional Egyptian investors' investment judgments and decisions by conducting an experiment of a 2x2x2 factorial mixed design using a sample of 143 M.B.A. and postgraduate studies students as a proxy. More specifically, it is found that the CSRM assurance report positively impacts nonprofessional Egyptian investors' judgments about investment attractiveness and decision about the investment amount, and this effect is fully mediated by the effect of the CSRM assurance on the perceived reliability of published management assertions. In addition, the direct effect of the CSRM assurance on the decision of the investment amount is stronger for male investors, while participants’ educational qualifications play a significant role in interacting with the CSRM assurance in affecting both investment attractiveness and amount. However, gender does not significantly affect the relationship between the CSRM assurance report and investment attractiveness. Generally, findings, which are supported by further analyses, emphasize the benefit of the voluntary auditor assurance on the CSRM report which has several implications for stakeholders, management, auditors, and policymakers.

الكلمات الرئيسية