Purpose: To examine the relation between management characteristics and risk disclosure quality, and to further analyze its impact on liquidity in a sample of non-financial companies listed on the Egyptian Stock Exchange. Design and methodology:The study used content analysis to examine the annual reports for a sample of Egyptian non-financial firms that are listed on the Egyptian Stock Exchange in the period from 2019 to 2021, with a total number of 345 observations. The study depended on this sample to test the hypotheses reflecting the relationship between management characteristics and risk disclosure quality, as well as the impact of risk disclosure quality on the decision to manage liquidity. Multiple regression was used to analyze the results of the study models. Findings:The results showed a significant relation between the quality of risk disclosure and the percentage of non-executive board members, board size, the quality of the audit committees, Management Characteristics, Risk Disclosure Quality and Liquidity...