Factors Affecting the Level of Financial Information Transparency – Evidence from Top 30 Listed Companies in Singapore, Philippines, and Vietnam

2017 ◽  
pp. 1035-1045
Author(s):  
Tran Quoc Thinh
Keyword(s):  
Listed Companies ◽  
Financial Information ◽  
Factors Affecting ◽  
Information Transparency

scholarly journals Information transparency in the AEC era

2016 ◽  
Vol 19 (3) ◽  
pp. 43-59
Author(s):  
Ngoc Thanh Bich Nguyen ◽  
Quyen Thi Thanh Le ◽  
Dinh Thi Ngoc Pham ◽  
Anh Thi Lan Nguyen
Keyword(s):  
Firm Size ◽  
Listed Companies ◽  
Legal Framework ◽  
Financial Information ◽  
Stock Exchanges ◽  
Factors Affecting ◽  
Information Transparency ◽  
Fixed Assets ◽  
Asset Turnover ◽  
Asean Economic Community

The ASEAN Economic Community (AEC) was officially established by the end of 2015. Vietnam needs to change not only the legal framework but also information systems – especially financial information – to be more transparent as required by the AEC. This study is to find factors affecting financial information transparency of Vietnam’s companies in fulfilling commitments made by Vietnam to AEC. Employing linear regression model (SPSS), we analyzed data of financial information of 240 listed companies on HOSE. Results indicated that out of independent variables, including fixed assets, firm size, total asset turnover, profit and debts, only firm size is correlated with the transparency in disclosing information of HOSE-listed companies. Based on the findings, we offered some suggestions to investors, stock exchanges, authorities and the listed companies per se to improve the financial information transparency of Vietnamese companies in general and HOSElisted ones in particular, so as to meet information transparency requirements in the era of ASEAN integration.

scholarly journals FACTORS AFFECTING SEGMENT REPORTING OF LISTED COMPANIES: EVIDENCE FROM LISTED COMPANIES ON HOSE

2015 ◽  
Vol 18 (2) ◽  
pp. 30-39
Author(s):  
Hoang Viet Tran
Keyword(s):  
Information Disclosure ◽  
Listed Companies ◽  
Urgent Problem ◽  
Factors Affecting ◽  
Information Transparency ◽  
Segment Reporting

The information disclosure and transparency in order to reduce the risk for investors is an urgent problem, in which segment reporting plays an important role in providing necessary information. This study evaluated factors affecting segment reporting and offered suggestions for information transparency in segment reporting of listed companies. The results showed that variables of size, leverage, age and ownership are positively correlated with segment reporting. Therefore the authors suggested policies for companies to increase their provision of necessary information, contributing to the reduction of risk for investors

Information publicity and transparency of budget process in the consolidated territorial communities of Lvivska oblast: estimation and ways of improvement

2019 ◽  
pp. 46-52
Author(s):  
Olha Zhabynets
Keyword(s):  
Personal Responsibility ◽  
Local Level ◽  
Financial Information ◽  
Reform Process ◽  
Budget Process ◽  
Timely Manner ◽  
Public Authorities ◽  
Information Transparency ◽  
Key Indicator ◽  
Disclosure Of Information

In the process of decentralization in Ukraine, the information transparency of the management becomes important, which implies the openness and accessibility of information for all members of society. It reflects the current and perspective states of the reform process. Decentralization means not only a transferring of powers, but also financial resources and responsibilities from public authorities to local authorities. So the information publicity and transparency of the budget process should become the key indicator to estimate the effectiveness of the management of the finances of the consolidated territorial communities (CTCs). The purpose of the article is to evaluate and propose ways to increase the information publicity and transparency of the budget process at the local level. The author analyzes the implementation of the requirements of the Ukrainian legislation about informational publicity and transparency of the budget process in the CTCs of Lvivska oblast established in 2015-2017 and shows positive and negative moments in displaying of financial information on CTCs’ sites. A number of measures are proposed to increase the information publicity and transparency of the budget process at the local level. The author considers that in order to ensure publicity and transparency of the budget process in the CTCs of Lvivska oblast it is necessary: to unify and maximally simplify the mechanism of access of CTCs’ members to financial information through the standardization of the procedure for disclosure of information about the budget process; to increase the personal responsibility of the heads of the CTCs for the lack of financial information that is due to be published on the site of communities; to continuously monitor the availability and updating of information about the budget process on the CTCs’ sites in order to respond in a timely manner to the appearance of possible negative trends; to take preventive measures with the use of appropriate sanctions (fine, removal from office, etc.) in cases of delaying the submission of actual financial information to the site of CTCs, the disclosure of information in its entirety, the discovery of unreliability of financial information or other manipulations with figures or financial documents filed on CTCs’ website.

scholarly journals Do audit committee characteristics of Bahraini listed companies have an effect on the level of internet financial reporting?

2016 ◽  
Vol 13 (3) ◽  
pp. 131-147 ◽  
Author(s):  
Sara AbdulHakeem Saleh AlMatrooshi ◽  
Abdalmuttaleb M. A. Musleh Al-Sartawi ◽  
Zakeya Sanad
Keyword(s):  
Corporate Governance ◽  
Literature Review ◽  
Financial Reporting ◽  
Audit Committee ◽  
Positive Relationship ◽  
Listed Companies ◽  
Financial Information ◽  
The Internet ◽  
Regression Test ◽  
The Relationship

Corporate Governance and IFR are influential topics that need to be addressed nowadays due to its importance. Especially since companies are growing and extending globally. This research is conducted in Kingdom of Bahrain through the year 2014, where it investigates the relationship between Audit Committee characteristics as a tool of CG and IFR. Literature review has been conducted, not to mention Multi-regression test was used to evaluate the relationship between Audit Committee characteristics and IFR for Bahraini listed companies. The results have showed that the relationship between Audit Committee characteristics and IFR is negative, which indicates that the Audit committee characteristics have no influence over the disclosure of financial information over the internet. However, Frequency of meeting of the board and Big4 resulted in a positive relationship with internet financial reporting. The study ends with a main conclusion and recommendation that contain certain steps and advices of disclosing financial information in an appropriate way through the internet in order to improve the relationship between Audit committee characteristics and IFR.

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