EFFECT OF FORWARD-LOOKING DISCLOSURE ABOUT ENVIRONMENTAL SUSTAINABILITY ACCOUNTING INFORMATION ON EARNING QUALITY: EVIDENCE FROM FINANCIAL ANALYSTS FORECASTS IN SAUDI ARABIA

The primary objective of present study is to analyse Forward-Looking Disclosure about sustainability accounting information on earning quality and financial analysts’ Forecasts in Saudi enterprises. The study methodology was based on 50 a sample of Saudi companies, time series from 2021 to 2023 could be used. The study’s final sample consisted of 112 observations. Statistical results indicate that the Quantitative Forward-Looking disclosure, Qualitative Forward-Looking Disclosure and Total Forward-Looking Disclosure have significant positive effect on the earnings quality and According to the results of the Quantitative Forward-Looking disclosure, Qualitative Forward-Looking Disclosure and Total Forward-Looking Disclosure respectively have significant positive effect on the Financial Analysts Forecasts on the Saudi capital market. Researchers recommend conducting further studies on the role of the external auditor in the process of auditing Forward-Looking Disclosure reports on sustainability information.