A voluntary risk information disclosure: a study of Malaysian Public Listed Companies / Rina Fadhilah Ismail, Emmarelda Maswesi Ahmad and Nor Syafinaz Shaffee

The ongoing discussion on the effective risk management practices to facilitate corporate decisions has raised a concern on the usefulness of the reports that focusing on risk and uncertainty in alleviating potential harmful to the companies (Ho & Taylor, 2013). In fact, comprehensive reporting...

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Main Authors:	Ismail, Rina Fadhilah, Ahmad, Emmarelda Maswesi, Shaffee, Nor Syafinaz
Format:	Research Reports
Language:	English
Published:	Research Management Institute (RMI) 2017
Subjects:	Risk management. Risk in industry. Operational risk
Online Access:	http://ir.uitm.edu.my/id/eprint/26288/ http://ir.uitm.edu.my/id/eprint/26288/1/LP_RINA%20FADHILAH%20ISMAIL%20RMI%2017_5.pdf

id	uitm-26288
recordtype	eprints
spelling	uitm-262882019-10-21T10:10:38Z http://ir.uitm.edu.my/id/eprint/26288/ A voluntary risk information disclosure: a study of Malaysian Public Listed Companies / Rina Fadhilah Ismail, Emmarelda Maswesi Ahmad and Nor Syafinaz Shaffee Ismail, Rina Fadhilah Ahmad, Emmarelda Maswesi Shaffee, Nor Syafinaz Risk management. Risk in industry. Operational risk The ongoing discussion on the effective risk management practices to facilitate corporate decisions has raised a concern on the usefulness of the reports that focusing on risk and uncertainty in alleviating potential harmful to the companies (Ho & Taylor, 2013). In fact, comprehensive reporting should comprise of both mandatory and voluntary information. This is vital to reduce the information asymmetry between managers and shareholders as well as to evaluate the firm performance by the investors. The need for voluntary information particularly on risks and uncertainties surrounded or impacted the business environment has rising as indicated by Schadewitz and Niskala (2010) that viewed the voluntary disclosure as a tool to differentiate superior and significant information in explaining mandatory information. Eventually, lacking of comprehensive voluntary risk information in annual reports may lead to misinterpretation of current corporate performance condition that will affect the future business operations (Abraham & Cox, 2007; Cabedo & Tirado, 2004). This could place a pressure to the managers to provide sufficient information beyond the mandatory requirements of the capital market in order to facilitate shareholders' investment decisions (Mokhtar & Mellett, 2013). To be exact, managers are encouraged to present a precise, accurate and relevant financial and non-financial information to the investors and regulators. This information is vital in assessing company's performance, risks and uncertainties surrounding or impacting the business environment. During recovery period of the financial crisis, lacking of sufficient risk information may lead to the misinterpretation of current corporate condition that eventually may affect future business operations (Dobler, Lajili, & Zeghal, 2011; Jonas Oliveira, Rodrigues, & Craig, 2011). Research Management Institute (RMI) 2017 Research Reports NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/26288/1/LP_RINA%20FADHILAH%20ISMAIL%20RMI%2017_5.pdf Ismail, Rina Fadhilah and Ahmad, Emmarelda Maswesi and Shaffee, Nor Syafinaz (2017) A voluntary risk information disclosure: a study of Malaysian Public Listed Companies / Rina Fadhilah Ismail, Emmarelda Maswesi Ahmad and Nor Syafinaz Shaffee. [Research Reports] (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Risk management. Risk in industry. Operational risk
spellingShingle	Risk management. Risk in industry. Operational risk Ismail, Rina Fadhilah Ahmad, Emmarelda Maswesi Shaffee, Nor Syafinaz A voluntary risk information disclosure: a study of Malaysian Public Listed Companies / Rina Fadhilah Ismail, Emmarelda Maswesi Ahmad and Nor Syafinaz Shaffee
description	The ongoing discussion on the effective risk management practices to facilitate corporate decisions has raised a concern on the usefulness of the reports that focusing on risk and uncertainty in alleviating potential harmful to the companies (Ho & Taylor, 2013). In fact, comprehensive reporting should comprise of both mandatory and voluntary information. This is vital to reduce the information asymmetry between managers and shareholders as well as to evaluate the firm performance by the investors. The need for voluntary information particularly on risks and uncertainties surrounded or impacted the business environment has rising as indicated by Schadewitz and Niskala (2010) that viewed the voluntary disclosure as a tool to differentiate superior and significant information in explaining mandatory information. Eventually, lacking of comprehensive voluntary risk information in annual reports may lead to misinterpretation of current corporate performance condition that will affect the future business operations (Abraham & Cox, 2007; Cabedo & Tirado, 2004). This could place a pressure to the managers to provide sufficient information beyond the mandatory requirements of the capital market in order to facilitate shareholders' investment decisions (Mokhtar & Mellett, 2013). To be exact, managers are encouraged to present a precise, accurate and relevant financial and non-financial information to the investors and regulators. This information is vital in assessing company's performance, risks and uncertainties surrounding or impacting the business environment. During recovery period of the financial crisis, lacking of sufficient risk information may lead to the misinterpretation of current corporate condition that eventually may affect future business operations (Dobler, Lajili, & Zeghal, 2011; Jonas Oliveira, Rodrigues, & Craig, 2011).
format	Research Reports
author	Ismail, Rina Fadhilah Ahmad, Emmarelda Maswesi Shaffee, Nor Syafinaz
author_facet	Ismail, Rina Fadhilah Ahmad, Emmarelda Maswesi Shaffee, Nor Syafinaz
author_sort	Ismail, Rina Fadhilah
title	A voluntary risk information disclosure: a study of Malaysian Public Listed Companies / Rina Fadhilah Ismail, Emmarelda Maswesi Ahmad and Nor Syafinaz Shaffee
title_short	A voluntary risk information disclosure: a study of Malaysian Public Listed Companies / Rina Fadhilah Ismail, Emmarelda Maswesi Ahmad and Nor Syafinaz Shaffee
title_full	A voluntary risk information disclosure: a study of Malaysian Public Listed Companies / Rina Fadhilah Ismail, Emmarelda Maswesi Ahmad and Nor Syafinaz Shaffee
title_fullStr	A voluntary risk information disclosure: a study of Malaysian Public Listed Companies / Rina Fadhilah Ismail, Emmarelda Maswesi Ahmad and Nor Syafinaz Shaffee
title_full_unstemmed	A voluntary risk information disclosure: a study of Malaysian Public Listed Companies / Rina Fadhilah Ismail, Emmarelda Maswesi Ahmad and Nor Syafinaz Shaffee
title_sort	voluntary risk information disclosure: a study of malaysian public listed companies / rina fadhilah ismail, emmarelda maswesi ahmad and nor syafinaz shaffee
publisher	Research Management Institute (RMI)
publishDate	2017
url	http://ir.uitm.edu.my/id/eprint/26288/ http://ir.uitm.edu.my/id/eprint/26288/1/LP_RINA%20FADHILAH%20ISMAIL%20RMI%2017_5.pdf
first_indexed	2023-09-18T23:16:35Z
last_indexed	2023-09-18T23:16:35Z
_version_	1777419152881876992

A voluntary risk information disclosure: a study of Malaysian Public Listed Companies / Rina Fadhilah Ismail, Emmarelda Maswesi Ahmad and Nor Syafinaz Shaffee

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