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...
| Main Authors: | , , |
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| Format: | Research Reports |
| Language: | English |
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Research Management Institute (RMI)
2017
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/26288/ |
| _version_ | 1848806488528650240 |
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| 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 |
| building | UiTM Institutional Repository |
| collection | Online Access |
| 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). |
| first_indexed | 2025-11-14T22:27:44Z |
| format | Research Reports |
| id | uitm-26288 |
| institution | Universiti Teknologi MARA |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T22:27:44Z |
| publishDate | 2017 |
| publisher | Research Management Institute (RMI) |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | uitm-262882019-10-21T10:10:38Z https://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 https://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. (2017) [Research Reports] (Unpublished) |
| 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 |
| title | 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_short | 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 |
| topic | Risk management. Risk in industry. Operational risk |
| url | https://ir.uitm.edu.my/id/eprint/26288/ |