Understanding voluntary disclosure: Malaysian perspective

This study investigates voluntary disclosure made by Malaysian firms. Unlike previous researches that identify the antecedents and/or consequences of disclosure, this study examines the disclosure in more detail, in terms of what items are disclosed as well as the trend of disclosure over the year...

Full description

Bibliographic Details
Main Author:	Zaini Embong
Format:	Article
Language:	English
Published:	Fakulti Ekonomi dan Pengurusan 2014
Online Access:	http://journalarticle.ukm.my/8504/ http://journalarticle.ukm.my/8504/ http://journalarticle.ukm.my/8504/1/8754-23241-1-SM.pdf

id	ukm-8504
recordtype	eprints
spelling	ukm-85042016-12-14T06:47:22Z http://journalarticle.ukm.my/8504/ Understanding voluntary disclosure: Malaysian perspective Zaini Embong, This study investigates voluntary disclosure made by Malaysian firms. Unlike previous researches that identify the antecedents and/or consequences of disclosure, this study examines the disclosure in more detail, in terms of what items are disclosed as well as the trend of disclosure over the years of study. The main purpose of doing this is to better understand the disclosure behavior of firms. Better understanding of the firms’ disclosure behavior can lead to a more appropriate research on disclosure especially on how to motivate firms to disclosure more. Annual reports of 156 firms listed on main board of Bursa Malaysia from year 2006 to 2010 are analyzed. A checklist containing 49 items are used to measure the voluntary disclosure level of these firms. The score is given based on items disclosed in the annual report. Contradict to claim by previous studies that disclosure is a sticky policy, the results of this study show that there is an increasing pattern in disclosure level. In support of proprietary cost argument, the results show that information of strategic nature is disclosed less compared to financial information. This study differs from previous studies by focusing in detail on the items disclosed by firms instead of identifying factors or consequences of the disclosure. The trend of disclosure is determined by having a constant sample throughout the study period of five years. The results of this study raise several questions that can be a subject for future research. Fakulti Ekonomi dan Pengurusan 2014 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/8504/1/8754-23241-1-SM.pdf Zaini Embong, (2014) Understanding voluntary disclosure: Malaysian perspective. Asian Journal of Accounting and Governance, 5 . pp. 15-35. ISSN 2180-3838 http://ejournal.ukm.my/ajac/issue/view/563
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Kebangasaan Malaysia
building	UKM Institutional Repository
collection	Online Access
language	English
description	This study investigates voluntary disclosure made by Malaysian firms. Unlike previous researches that identify the antecedents and/or consequences of disclosure, this study examines the disclosure in more detail, in terms of what items are disclosed as well as the trend of disclosure over the years of study. The main purpose of doing this is to better understand the disclosure behavior of firms. Better understanding of the firms’ disclosure behavior can lead to a more appropriate research on disclosure especially on how to motivate firms to disclosure more. Annual reports of 156 firms listed on main board of Bursa Malaysia from year 2006 to 2010 are analyzed. A checklist containing 49 items are used to measure the voluntary disclosure level of these firms. The score is given based on items disclosed in the annual report. Contradict to claim by previous studies that disclosure is a sticky policy, the results of this study show that there is an increasing pattern in disclosure level. In support of proprietary cost argument, the results show that information of strategic nature is disclosed less compared to financial information. This study differs from previous studies by focusing in detail on the items disclosed by firms instead of identifying factors or consequences of the disclosure. The trend of disclosure is determined by having a constant sample throughout the study period of five years. The results of this study raise several questions that can be a subject for future research.
format	Article
author	Zaini Embong,
spellingShingle	Zaini Embong, Understanding voluntary disclosure: Malaysian perspective
author_facet	Zaini Embong,
author_sort	Zaini Embong,
title	Understanding voluntary disclosure: Malaysian perspective
title_short	Understanding voluntary disclosure: Malaysian perspective
title_full	Understanding voluntary disclosure: Malaysian perspective
title_fullStr	Understanding voluntary disclosure: Malaysian perspective
title_full_unstemmed	Understanding voluntary disclosure: Malaysian perspective
title_sort	understanding voluntary disclosure: malaysian perspective
publisher	Fakulti Ekonomi dan Pengurusan
publishDate	2014
url	http://journalarticle.ukm.my/8504/ http://journalarticle.ukm.my/8504/ http://journalarticle.ukm.my/8504/1/8754-23241-1-SM.pdf
first_indexed	2023-09-18T19:52:28Z
last_indexed	2023-09-18T19:52:28Z
_version_	1777406310606700544

Understanding voluntary disclosure: Malaysian perspective

Similar Items