Discretionary risks disclosure: a management perspective

Discretionary risks disclosure practices by managers provide useful information to investors and other users of accounting information in assessing the risk profile of a company. A managers’ ability to disclose relevant risk information that reflects more accurately the companies’ current and future...

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Main Authors:	Roshayani Arshad, Rina Fadhilah Ismail
Format:	Article
Language:	English
Published:	FEP 2011
Online Access:	http://journalarticle.ukm.my/5442/ http://journalarticle.ukm.my/5442/ http://journalarticle.ukm.my/5442/1/vol2ch7.pdf

id	ukm-5442
recordtype	eprints
spelling	ukm-54422016-12-14T06:38:28Z http://journalarticle.ukm.my/5442/ Discretionary risks disclosure: a management perspective Roshayani Arshad, Rina Fadhilah Ismail, Discretionary risks disclosure practices by managers provide useful information to investors and other users of accounting information in assessing the risk profile of a company. A managers’ ability to disclose relevant risk information that reflects more accurately the companies’ current and future financial performance will facilitate these users in making effective investment decisions. This paper aims to examine empirically the effect of management perception on the disclosure of risk-related information in companies’ annual reports, thus, exploring the current practices of risk reporting by managers of listed companies in Malaysia. The findings should provide useful information to regulators and other policymakers in identifying the factors that influence managers’ perception of risk-related information and, consequently, affect the extent and nature of risk information disclosed in companies’ annual reports. Overall, the findings reveal that enhanced understanding and perception on the overall risk concepts are important drivers that can facilitate managers in disclosing more comprehensive and relevant risk-related information. This, in turn, improves the trust and confidence of investors and other users of financial statements as their evaluations are influenced by the choices of information being disclosed in annual reports by managers. FEP 2011 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/5442/1/vol2ch7.pdf Roshayani Arshad, and Rina Fadhilah Ismail, (2011) Discretionary risks disclosure: a management perspective. Asian Journal of Accounting and Governance, 2 . pp. 67-77. ISSN 2180-3838 http://www.ukm.my/ajag/issues.html
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Kebangasaan Malaysia
building	UKM Institutional Repository
collection	Online Access
language	English
description	Discretionary risks disclosure practices by managers provide useful information to investors and other users of accounting information in assessing the risk profile of a company. A managers’ ability to disclose relevant risk information that reflects more accurately the companies’ current and future financial performance will facilitate these users in making effective investment decisions. This paper aims to examine empirically the effect of management perception on the disclosure of risk-related information in companies’ annual reports, thus, exploring the current practices of risk reporting by managers of listed companies in Malaysia. The findings should provide useful information to regulators and other policymakers in identifying the factors that influence managers’ perception of risk-related information and, consequently, affect the extent and nature of risk information disclosed in companies’ annual reports. Overall, the findings reveal that enhanced understanding and perception on the overall risk concepts are important drivers that can facilitate managers in disclosing more comprehensive and relevant risk-related information. This, in turn, improves the trust and confidence of investors and other users of financial statements as their evaluations are influenced by the choices of information being disclosed in annual reports by managers.
format	Article
author	Roshayani Arshad, Rina Fadhilah Ismail,
spellingShingle	Roshayani Arshad, Rina Fadhilah Ismail, Discretionary risks disclosure: a management perspective
author_facet	Roshayani Arshad, Rina Fadhilah Ismail,
author_sort	Roshayani Arshad,
title	Discretionary risks disclosure: a management perspective
title_short	Discretionary risks disclosure: a management perspective
title_full	Discretionary risks disclosure: a management perspective
title_fullStr	Discretionary risks disclosure: a management perspective
title_full_unstemmed	Discretionary risks disclosure: a management perspective
title_sort	discretionary risks disclosure: a management perspective
publisher	FEP
publishDate	2011
url	http://journalarticle.ukm.my/5442/ http://journalarticle.ukm.my/5442/ http://journalarticle.ukm.my/5442/1/vol2ch7.pdf
first_indexed	2023-09-18T19:44:09Z
last_indexed	2023-09-18T19:44:09Z
_version_	1777405787970207744

Discretionary risks disclosure: a management perspective

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