scholarly journals Firm characteristics and voluntary disclosure of graphs in annual reports of Turkish listed companies

2011 ◽  
Vol 5 (17) ◽  
pp. 7651-7657 ◽  
Author(s):  
Uyar Ali
Keyword(s):  
Voluntary Disclosure ◽  
Listed Companies ◽  
Annual Reports ◽  
Firm Characteristics

scholarly journals Influences of proprietary and political costs on disclosure of directors’ and executives’ remuneration and ownership

2008 ◽  
Vol 5 (4) ◽  
pp. 173-185 ◽  
Author(s):  
Dennis Taylor
Keyword(s):  
Voluntary Disclosure ◽  
Listed Companies ◽  
Annual Reports ◽  
Information Costs ◽  
Top Executives ◽  
Proprietary Costs ◽  
Political Costs ◽  
Investment Opportunity Set ◽  
Disclosure Decisions ◽  
Types Of Information

Remuneration to, and ownership by, directors and top executives (D&Es) of listed companies have been subjected to calls for transparency as part of the corporate governance movement. Using the annual reports of 161 Australian listed companies, this study investigates the comparative impacts of proprietary and political information costs on management ‘s voluntary disclosure decisions concerning D&Es’ cash-based and equity-based remuneration, termination benefits, related-party transactions, shares held, and changes in ownership in their company. A firm’s investment opportunity set (using both market-based and accounting-based measures) is treated as a proxy for proprietary costs, while media attention and shareholder activism are used to proxy for political costs of voluntary disclosure. Results of this study provide evidence of the relative importance of two major types of information costs, proprietary and political, in influencing management’s (i.e., D&E’s ) decision concerning the extent to which they disclose sensitive details of their remuneration and ownership

scholarly journals Corporate governance quality, incentive factors and voluntary corporate governance disclosures in annual reports of Malaysian publicly listed companies

2012 ◽  
Vol 10 (1) ◽  
pp. 329-352
Author(s):  
Norziana Lokman ◽  
Julie Cotter ◽  
Joseph Mula
Keyword(s):  
Corporate Governance ◽  
Voluntary Disclosure ◽  
Listed Companies ◽  
Annual Reports ◽  
Voluntary Disclosures ◽  
Comprehensive Index ◽  
Governance Quality ◽  
Quality Incentive ◽  
Corporate Governance Quality ◽  
The Relationship

This paper investigates the relationship between corporate governance quality and voluntary disclosure of corporate governance information for listed companies in Malaysia. The moderating impacts of incentive factors (capital market transactions and stock-based incentives) on this relationship are also examined. Corporate governance quality is measured using a comprehensive index. The empirical evidence of this study is broadly consistent with the notion that high corporate governance quality is positively related to a greater extent of voluntary disclosure. Stock-based compensation significantly influences the relationship between corporate governance quality and voluntary disclosures; however the other incentive factors examined do not appear to influence the relationship

scholarly journals Board structure, institutional pressures and corporate voluntary disclosures

2009 ◽  
Vol 6 (3) ◽  
pp. 360-370 ◽  
Author(s):  
Roshayani Arshad ◽  
Ruhaya Atan ◽  
Faizah Darus
Keyword(s):  
Corporate Governance ◽  
Voluntary Disclosure ◽  
Listed Companies ◽  
Annual Reports ◽  
Board Structure ◽  
Institutional Pressures ◽  
Voluntary Disclosures ◽  
Good Corporate Governance ◽  
Disclosure Decisions ◽  
Disclosure Strategy

Corporate disclosure has been subjected to calls for corporate transparency by corporate governance movement as a matter of good corporate governance. Managers face substantial pressure to make more transparent disclosure of their activities to promote efficient governance of their companies or risk losing legitimacy from the perspectives of the investors and other stakeholders. Using the annual reports of 155 Malaysian listed companies, this study investigates the competing effects of board structure and institutional pressures on the extent and credibility of corporate voluntary disclosure during the period when public listed companies in Malaysia faced new corporate governance regulation. This study provides evidence that under the influence of dominant owners on board, management voluntary disclosure decisions are driven by mimetic pressures when their company is structured to meet expectations of good corporate governance. Managers’ voluntary disclosure strategy to gain legitimacy seems to override their incentives to disclose credible information to outside investors. This inference is consistent with the evidence that management voluntary disclosures are not viewed as credible by outside investors. These findings contribute to a better understanding of the relationships between various board structures and institutional pressures on management disclosure decisions in particular agency settings.

scholarly journals Disclosure of Voluntary Accounting Ratios by Malaysian Listed Companies

2018 ◽  
Author(s):  
Azrul Bin Abdullah ◽  
Ku Nor Izah Ku Ismail
Keyword(s):  
Voluntary Disclosure ◽  
Financial Analysis ◽  
Listed Companies ◽  
Annual Reports ◽  
Fundamental Importance ◽  
Company Performance ◽  
Financial Reports ◽  
Using Data ◽  
Accounting Ratios ◽  
Corporate Annual Reports

Accounting ratios are believed to be of fundamental importance in financial analysis, and therefore are useful addition to financial reports. This paper examines the reporting of voluntary accounting ratio by Malaysian companies in corporate annual reports. Drawing on agency and signaling theories, this paper explores whether associations exist between company performance and voluntary disclosure of accounting ratios. In particular, associations are tested between the extent of ratio disclosure and company performance (namely profitability, liquidity, leverage, and company efficiency), size and industry. Six hypotheses are tested using data collected from 2003 annual reports of 100 Malaysian listed companies. This paper provides evidence that the extent of voluntary ratio disclosure is low; and size, industry as well as liquidity significantly influence the reporting of ratios in corporate annual reports. The implications of these findings are discussed.

scholarly journals The voluntary disclosure of the value added statement in annual reports of Italian listed companies

2010 ◽  
Vol 56 (No. 8) ◽  
pp. 368-378 ◽  
Author(s):  
G. Ianniello
Keyword(s):  
Voluntary Disclosure ◽  
Global Economy ◽  
Value Added ◽  
Financial Statements ◽  
Listed Companies ◽  
Annual Reports ◽  
General Process ◽  
The Social ◽  
Theoretical Issues

The paper examines some of the theoretical issues regarding the publication of the value added statement as a voluntary disclosure in the process of accounting communication. The social and economic motivation to use value added reporting is linked to the general process of disclosing financial information in a certain business and cultural environment. In this framework, a question arises about the possible role of the value added statement as a way of accounting communication in the global economy. A survey of 211 published financial statements for the fiscal period 2003 of Italian listed companies shows that the publication of the value added statement in the annual reports is a marginal phenomenon. However, the industrial and services firms voluntarily present in their annual report and income statements rearranged to expose the (industrial) value added by only looking at the production perspective, with a possible interpretation in terms of cost efficiency.  

Factors affecting the voluntary disclosure: a study by using smart PLS-SEM approach

2018 ◽  
Vol 60 (6) ◽  
pp. 1498-1508 ◽  
Author(s):  
Md. Abdur Rouf ◽  
M. Akhtaruddin
Keyword(s):  
Voluntary Disclosure ◽  
Structural Equation ◽  
Reliability And Validity ◽  
Listed Companies ◽  
Annual Reports ◽  
Equation Modeling ◽  
Bench Mark ◽  
Content Type ◽  
Factors Affecting ◽  
Leadership Structure

Purpose This paper aims to examine the factors affecting the voluntary disclosure in the annual reports of listed companies in Bangladesh. Design/methodology/approach The study is based on a sample of 96 listed non-financial companies in Dhaka Stock Exchanges over the period of 2013 to 2016. The study used partial least squares structural equation modeling tool to analyze data which provides evidence of reliability and validity. It also used an unweighted relative disclosure index for measuring voluntary disclosure. Findings The empirical results show that corporate governance (board leadership structure and ownership structures) and firms characteristics (total assets and total sales) are significantly positive correlated with the voluntary disclosure. Originality/value The finding of the study will be a bench mark or the board for policy makers and implementers in torching the avenues of improvement in raising the level of corporate voluntary disclosure in annual reports of listed companies in Bangladesh.

Sign in / Sign up

Export Citation Format

Share Document