Association between firm characteristics and corporate voluntary disclosure: Evidence from Turkish listed companies
<p><strong><em>Purpose:</em></strong><strong> </strong>This paper empirically investigates the factors that impact voluntary information disclosure level of Turkish manufacturing companies listed in the Istanbul Stock Exchange (ISE).</p> <p><s...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | Catalan |
| Published: |
OmniaScience
2013-12-01
|
| Series: | Intangible Capital |
| Subjects: | |
| Online Access: | http://www.intangiblecapital.org/index.php/ic/article/view/439 |
| _version_ | 1830380462689746944 |
|---|---|
| author | Ali Uyar Merve Kilic Nizamettin Bayyurt |
| author_facet | Ali Uyar Merve Kilic Nizamettin Bayyurt |
| author_sort | Ali Uyar |
| collection | DOAJ |
| description | <p><strong><em>Purpose:</em></strong><strong> </strong>This paper empirically investigates the factors that impact voluntary information disclosure level of Turkish manufacturing companies listed in the Istanbul Stock Exchange (ISE).</p> <p><strong><em>Design/methodology/approach:</em></strong><strong> </strong>The methodology of the study is content analysis of annual reports of the corporations listed on the ISE for the year 2010.</p> <p><strong><em>Findings:</em></strong><strong> </strong>The findings provide evidence of a positive association between voluntary information disclosure level and the variables such as firm size, auditing firm size, proportion of independent directors on the board, institutional/corporate ownership, and corporate governance. However, leverage and ownership diffusion were found to have negative significant association with the extent of voluntary disclosure. The remaining variables, namely, profitability, listing age, and board size were found to be insignificant.</p> <p><strong><em>Research limitations/implications:</em></strong><strong> </strong>Since this study was conducted solely on listed manufacturing companies, the results may not be generalizable to non-listed and non-manufacturing industries. The study has some implications for firms, auditors, investors, and regulators. All these parties play an important role in improving the transparency and disclosure practices of corporations.</p> <strong><em>Originality/value:</em></strong> We extend previous research on the determinants of voluntary information disclosure in the emerging market context. |
| first_indexed | 2024-12-20T09:30:26Z |
| format | Article |
| id | doaj.art-139fb223d1d44b71bb34ec8c634b6b58 |
| institution | Directory Open Access Journal |
| issn | 1697-9818 |
| language | Catalan |
| last_indexed | 2024-12-20T09:30:26Z |
| publishDate | 2013-12-01 |
| publisher | OmniaScience |
| record_format | Article |
| series | Intangible Capital |
| spelling | doaj.art-139fb223d1d44b71bb34ec8c634b6b582022-12-21T19:45:06ZcatOmniaScienceIntangible Capital1697-98182013-12-01941080111210.3926/ic.439260Association between firm characteristics and corporate voluntary disclosure: Evidence from Turkish listed companiesAli Uyar0Merve Kilic1Nizamettin Bayyurt2Fatih UniversityCanik Başarı UniversityFatih University<p><strong><em>Purpose:</em></strong><strong> </strong>This paper empirically investigates the factors that impact voluntary information disclosure level of Turkish manufacturing companies listed in the Istanbul Stock Exchange (ISE).</p> <p><strong><em>Design/methodology/approach:</em></strong><strong> </strong>The methodology of the study is content analysis of annual reports of the corporations listed on the ISE for the year 2010.</p> <p><strong><em>Findings:</em></strong><strong> </strong>The findings provide evidence of a positive association between voluntary information disclosure level and the variables such as firm size, auditing firm size, proportion of independent directors on the board, institutional/corporate ownership, and corporate governance. However, leverage and ownership diffusion were found to have negative significant association with the extent of voluntary disclosure. The remaining variables, namely, profitability, listing age, and board size were found to be insignificant.</p> <p><strong><em>Research limitations/implications:</em></strong><strong> </strong>Since this study was conducted solely on listed manufacturing companies, the results may not be generalizable to non-listed and non-manufacturing industries. The study has some implications for firms, auditors, investors, and regulators. All these parties play an important role in improving the transparency and disclosure practices of corporations.</p> <strong><em>Originality/value:</em></strong> We extend previous research on the determinants of voluntary information disclosure in the emerging market context.http://www.intangiblecapital.org/index.php/ic/article/view/439corporate reporting, firm characteristics, voluntary disclosure, annual reports, Turkey |
| spellingShingle | Ali Uyar Merve Kilic Nizamettin Bayyurt Association between firm characteristics and corporate voluntary disclosure: Evidence from Turkish listed companies Intangible Capital corporate reporting, firm characteristics, voluntary disclosure, annual reports, Turkey |
| title | Association between firm characteristics and corporate voluntary disclosure: Evidence from Turkish listed companies |
| title_full | Association between firm characteristics and corporate voluntary disclosure: Evidence from Turkish listed companies |
| title_fullStr | Association between firm characteristics and corporate voluntary disclosure: Evidence from Turkish listed companies |
| title_full_unstemmed | Association between firm characteristics and corporate voluntary disclosure: Evidence from Turkish listed companies |
| title_short | Association between firm characteristics and corporate voluntary disclosure: Evidence from Turkish listed companies |
| title_sort | association between firm characteristics and corporate voluntary disclosure evidence from turkish listed companies |
| topic | corporate reporting, firm characteristics, voluntary disclosure, annual reports, Turkey |
| url | http://www.intangiblecapital.org/index.php/ic/article/view/439 |
| work_keys_str_mv | AT aliuyar associationbetweenfirmcharacteristicsandcorporatevoluntarydisclosureevidencefromturkishlistedcompanies AT mervekilic associationbetweenfirmcharacteristicsandcorporatevoluntarydisclosureevidencefromturkishlistedcompanies AT nizamettinbayyurt associationbetweenfirmcharacteristicsandcorporatevoluntarydisclosureevidencefromturkishlistedcompanies |