Annual risk reporting of listed companies in Malaysia
This study examines risk reporting in annual reports of Malaysian listed companies. The mandatory and voluntary disclosures of risk information are analyzed and the authors examine whether a relationship exists between company size, leverage, and industry type and risk disclosure levels. 150 listed...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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David Publishing Company
2010
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| Online Access: | http://psasir.upm.edu.my/id/eprint/13114/ http://psasir.upm.edu.my/id/eprint/13114/1/Annual%20risk%20reporting%20of%20listed%20companies%20in%20Malaysia.pdf |
| _version_ | 1848842023486881792 |
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| author | Atan, Ruhaya Sutan Maruhun, Enny Nurdin Wan Abdul Kadir, Wan Hasnah Jusoff, Kamaruzaman |
| author_facet | Atan, Ruhaya Sutan Maruhun, Enny Nurdin Wan Abdul Kadir, Wan Hasnah Jusoff, Kamaruzaman |
| author_sort | Atan, Ruhaya |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | This study examines risk reporting in annual reports of Malaysian listed companies. The mandatory and voluntary disclosures of risk information are analyzed and the authors examine whether a relationship exists between company size, leverage, and industry type and risk disclosure levels. 150 listed companies from five industries are selected as sample. Content analysis and risk disclosure index of dichotomous measurement are used in data collection. Overall the results indicate that level of risk information disclosed in the annual reports is still minimal. OLS (Ordinary least squares) regression analysis indicates that the level of risk information disclosure is positively associated with size and not with leverage. However, a mixed result has been found for industry type; where only property industry shows a significant relationship with level of risk disclosure, and not for the other industries. This study contributes to financial reporting literature in relation to risk reporting, particularly the practice of Malaysian companies. Findings from this study are also useful to regulators and accounting standard setting body to assess the level of compliance to regulations and standards relating to risk reporting by these companies. More studies are required to further understand the importance of risk information disclosure, such as risk disclosure within specific industry, cross-country studies and usefulness of risk information disclosure from the stakeholders’ perspectives. |
| first_indexed | 2025-11-15T07:52:32Z |
| format | Article |
| id | upm-13114 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T07:52:32Z |
| publishDate | 2010 |
| publisher | David Publishing Company |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-131142016-01-26T02:17:20Z http://psasir.upm.edu.my/id/eprint/13114/ Annual risk reporting of listed companies in Malaysia Atan, Ruhaya Sutan Maruhun, Enny Nurdin Wan Abdul Kadir, Wan Hasnah Jusoff, Kamaruzaman This study examines risk reporting in annual reports of Malaysian listed companies. The mandatory and voluntary disclosures of risk information are analyzed and the authors examine whether a relationship exists between company size, leverage, and industry type and risk disclosure levels. 150 listed companies from five industries are selected as sample. Content analysis and risk disclosure index of dichotomous measurement are used in data collection. Overall the results indicate that level of risk information disclosed in the annual reports is still minimal. OLS (Ordinary least squares) regression analysis indicates that the level of risk information disclosure is positively associated with size and not with leverage. However, a mixed result has been found for industry type; where only property industry shows a significant relationship with level of risk disclosure, and not for the other industries. This study contributes to financial reporting literature in relation to risk reporting, particularly the practice of Malaysian companies. Findings from this study are also useful to regulators and accounting standard setting body to assess the level of compliance to regulations and standards relating to risk reporting by these companies. More studies are required to further understand the importance of risk information disclosure, such as risk disclosure within specific industry, cross-country studies and usefulness of risk information disclosure from the stakeholders’ perspectives. David Publishing Company 2010-08 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/13114/1/Annual%20risk%20reporting%20of%20listed%20companies%20in%20Malaysia.pdf Atan, Ruhaya and Sutan Maruhun, Enny Nurdin and Wan Abdul Kadir, Wan Hasnah and Jusoff, Kamaruzaman (2010) Annual risk reporting of listed companies in Malaysia. Journal of Modern Accounting and Auditing, 6 (8). pp. 26-37. ISSN 1548-6583 http://www.davidpublishing.com/show.html?8702 |
| spellingShingle | Atan, Ruhaya Sutan Maruhun, Enny Nurdin Wan Abdul Kadir, Wan Hasnah Jusoff, Kamaruzaman Annual risk reporting of listed companies in Malaysia |
| title | Annual risk reporting of listed companies in Malaysia |
| title_full | Annual risk reporting of listed companies in Malaysia |
| title_fullStr | Annual risk reporting of listed companies in Malaysia |
| title_full_unstemmed | Annual risk reporting of listed companies in Malaysia |
| title_short | Annual risk reporting of listed companies in Malaysia |
| title_sort | annual risk reporting of listed companies in malaysia |
| url | http://psasir.upm.edu.my/id/eprint/13114/ http://psasir.upm.edu.my/id/eprint/13114/ http://psasir.upm.edu.my/id/eprint/13114/1/Annual%20risk%20reporting%20of%20listed%20companies%20in%20Malaysia.pdf |