Factors influencing corporate voluntary disclosures in Malaysia

This study examines factors influencing corporate voluntary disclosures in Malaysian corporate annual reports to see if there has been a change in factors influencing disclosure after the 2007/08 global financial crisis. Multiple regression analyses were run using data from 85 listed companies for t...

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Main Authors:	Ahmed Haji, Abdifatah, Mohd Ghazali, Nazli Anum
Format:	Article
Language:	English
Published:	Inderscience Enterprises Ltd 2013
Subjects:	HF5601 Accounting. Bookkeeping
Online Access:	http://irep.iium.edu.my/34391/ http://irep.iium.edu.my/34391/ http://irep.iium.edu.my/34391/1/IJMFA050401_AHMED_HAJI.pdf

id	iium-34391
recordtype	eprints
spelling	iium-343912014-01-21T03:40:09Z http://irep.iium.edu.my/34391/ Factors influencing corporate voluntary disclosures in Malaysia Ahmed Haji, Abdifatah Mohd Ghazali, Nazli Anum HF5601 Accounting. Bookkeeping This study examines factors influencing corporate voluntary disclosures in Malaysian corporate annual reports to see if there has been a change in factors influencing disclosure after the 2007/08 global financial crisis. Multiple regression analyses were run using data from 85 listed companies for the years 2006 and 2009, selected based on systematic stratified random sampling. The quality of disclosure was measured using a self-constructed checklist. A scale of 0 – 3, depending on how an item is disclosed by the company, was used in awarding scores to companies. Results show that company size to be statistically significant in both years. However, profitability and government ownership which were statistically significant at the 5% and 10% levels respectively in 2006 were no longer significant in 2009. The finding on profitability implies that during times of financial crisis, whether a company is operating profitably or otherwise does not have an impact on voluntary disclosure practices. Additionally, board size was marginally significant at the 10% level in explaining the quality of voluntary disclosure in 2009 while board independence remained insignificant in both years suggesting that independent directors are not an effective mechanism for enhancing corporate transparency. Inderscience Enterprises Ltd 2013 Article PeerReviewed application/pdf en http://irep.iium.edu.my/34391/1/IJMFA050401_AHMED_HAJI.pdf Ahmed Haji, Abdifatah and Mohd Ghazali, Nazli Anum (2013) Factors influencing corporate voluntary disclosures in Malaysia. International Journal of Managerial and Financial Accounting , 5 (4). pp. 327-349. ISSN 1753-6715 http://www.inderscience.com/jhome.php?jcode=IJMFA
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HF5601 Accounting. Bookkeeping
spellingShingle	HF5601 Accounting. Bookkeeping Ahmed Haji, Abdifatah Mohd Ghazali, Nazli Anum Factors influencing corporate voluntary disclosures in Malaysia
description	This study examines factors influencing corporate voluntary disclosures in Malaysian corporate annual reports to see if there has been a change in factors influencing disclosure after the 2007/08 global financial crisis. Multiple regression analyses were run using data from 85 listed companies for the years 2006 and 2009, selected based on systematic stratified random sampling. The quality of disclosure was measured using a self-constructed checklist. A scale of 0 – 3, depending on how an item is disclosed by the company, was used in awarding scores to companies. Results show that company size to be statistically significant in both years. However, profitability and government ownership which were statistically significant at the 5% and 10% levels respectively in 2006 were no longer significant in 2009. The finding on profitability implies that during times of financial crisis, whether a company is operating profitably or otherwise does not have an impact on voluntary disclosure practices. Additionally, board size was marginally significant at the 10% level in explaining the quality of voluntary disclosure in 2009 while board independence remained insignificant in both years suggesting that independent directors are not an effective mechanism for enhancing corporate transparency.
format	Article
author	Ahmed Haji, Abdifatah Mohd Ghazali, Nazli Anum
author_facet	Ahmed Haji, Abdifatah Mohd Ghazali, Nazli Anum
author_sort	Ahmed Haji, Abdifatah
title	Factors influencing corporate voluntary disclosures in Malaysia
title_short	Factors influencing corporate voluntary disclosures in Malaysia
title_full	Factors influencing corporate voluntary disclosures in Malaysia
title_fullStr	Factors influencing corporate voluntary disclosures in Malaysia
title_full_unstemmed	Factors influencing corporate voluntary disclosures in Malaysia
title_sort	factors influencing corporate voluntary disclosures in malaysia
publisher	Inderscience Enterprises Ltd
publishDate	2013
url	http://irep.iium.edu.my/34391/ http://irep.iium.edu.my/34391/ http://irep.iium.edu.my/34391/1/IJMFA050401_AHMED_HAJI.pdf
first_indexed	2023-09-18T20:49:34Z
last_indexed	2023-09-18T20:49:34Z
_version_	1777409903713845248

Factors influencing corporate voluntary disclosures in Malaysia

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