Dalia Morsy Mohammed Hassen - Department of Accounting, Alexandria University,Alexandria, Egypt
Awad Labib Fathalla Eldeeb - Department of Accounting, Alexandria University,Alexandria, Egypt

This study investigates the impact of corporate social responsibility disclosure on the cost of funding of firms listed in the Egyptian stock market. We expect that companies with higher corporate social responsibility disclosure exhibit cheaper cost of debt, and cost of equity than companies with lower corporate social responsibility disclosure. The research sample comprised of 60 observations of top 30 companies who disclosed about corporate social responsibility listed in the ESG index in 2010 through the period from 2009 to 2010. The results of simple regression analyses show that the corporate social responsibility disclosure negatively significantly effects on the cost of debt for Egyptian companies. Our results also show that the corporate social responsibility disclosure does not negatively significantly effects on the cost of equity for Egyptian companies

Corporate Social Responsibility Disclosure, Cost of funding