The relationship between quality of disclosure in corporate annual reports and firm-specific characteristics : the case of NACRA / Nooraisah Katmun@ Katmon and Hafiz-Majdi Ab. Rashid

Katmun@Katmon, Nooraisah and Ab. Rashid, Hafiz-Majdi (2007) The relationship between quality of disclosure in corporate annual reports and firm-specific characteristics : the case of NACRA / Nooraisah Katmun@ Katmon and Hafiz-Majdi Ab. Rashid. Malaysian Journal of Quality, 2. pp. 1-56. ISSN 1823-7347

[img]
Preview
Text
AJ_NOORAISAH KATMUN @ KATMON MJQ 07.pdf

Download (99MB) | Preview

Abstract

This study empirically examined the relationship between firm-specific characteristics and the quality of disclosure of company annual reports in Malaysia. Due to the increasing need of users towards accounting information, a full quality and transparent disclosure must to be provided by companies. As a measurement of quality, I used the NACRA as a benchmark of sound quality of reporting. Firms that won NACRA were considered as firms that provided quality of disclosure in their annual reports. The independent variables tested in this study were firm size, ownership structure, leverage and profitability. The match-paired sample comprises 52, 56 and 66 firms that won and lost NACRA during the years 1999, 2000 and 2001. This study used descriptive statistics, Mann-Whitney U test, Logistic regression and Linear regression (as the test of robustness) to test the hypotheses. Results show that ownership structure is the only variable found to be significant in influencing the level of disclosure by firms in Malaysia. Nevertheless, this study also realizes some limitations like the small number of independent variables tested and the small size of sample.

Item Type: Article
Uncontrolled Keywords: Quality of disclosure; Corporate Annual Reports; Firm-specific characteristics; NACRA
Subjects: H Social Sciences > HG Finance > Balance sheets. Financial statements. Including corporation reports. Financial disclosure
Divisions: Institute of Quality & Knowledge Advancement (InQKA)
Depositing User: Staf Pendigitalan 5
Date Deposited: 08 Mar 2017 07:03
Last Modified: 08 Mar 2017 07:03
URI: http://ir.uitm.edu.my/id/eprint/16188

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year