Risk Disclosure Practices among Malaysian Listed Firms
This study discusses the development of risk disclosure policy in Malaysia after the 1997 financial crisis and provides evidence on the importance of risk disclosure over the recent years. Analysis on the trend of risk disclosure based on the new development was carried out through content analysis...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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EconJournals
2016-07-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | http://mail.econjournals.com/index.php/ijefi/article/view/2245 |
| _version_ | 1828020647743193088 |
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| author | Farahnaz Orojali Zadeh Siti Zaleha Abdul Rasid Rohaida Basiruddin Nor Aiza Mohammmed Zamil Amin Vakilbashi |
| author_facet | Farahnaz Orojali Zadeh Siti Zaleha Abdul Rasid Rohaida Basiruddin Nor Aiza Mohammmed Zamil Amin Vakilbashi |
| author_sort | Farahnaz Orojali Zadeh |
| collection | DOAJ |
| description |
This study discusses the development of risk disclosure policy in Malaysia after the 1997 financial crisis and provides evidence on the importance of risk disclosure over the recent years. Analysis on the trend of risk disclosure based on the new development was carried out through content analysis. The findings show positive trend of development in risk disclosure practices in Malaysia over the period of 2001-2011. In addition, risk disclosure sentences were found to be insufficient and should be rectified. There is a need to revisit the current regulations and standards to improve the risk disclosure practices and to follow internationally-based accounting policy.
Keywords: Risk Disclosure, Regulatory, Malaysia
JEL Classification: M40
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| first_indexed | 2024-04-10T11:42:12Z |
| format | Article |
| id | doaj.art-a6a648f6140a46d4a973b819ce74b07c |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T11:42:12Z |
| publishDate | 2016-07-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-a6a648f6140a46d4a973b819ce74b07c2023-02-15T16:17:31ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382016-07-0163Risk Disclosure Practices among Malaysian Listed FirmsFarahnaz Orojali Zadeh0Siti Zaleha Abdul Rasid1Rohaida Basiruddin2Nor Aiza Mohammmed Zamil3Amin Vakilbashi4International Business School Universiti Teknologi MalaysiaInternational Business School Universiti Teknologi MalaysiaInternational Business School Universiti Teknologi MalaysiaInternational Business School Universiti Teknologi MalaysiaInternational Business School Universiti Teknologi Malaysia This study discusses the development of risk disclosure policy in Malaysia after the 1997 financial crisis and provides evidence on the importance of risk disclosure over the recent years. Analysis on the trend of risk disclosure based on the new development was carried out through content analysis. The findings show positive trend of development in risk disclosure practices in Malaysia over the period of 2001-2011. In addition, risk disclosure sentences were found to be insufficient and should be rectified. There is a need to revisit the current regulations and standards to improve the risk disclosure practices and to follow internationally-based accounting policy. Keywords: Risk Disclosure, Regulatory, Malaysia JEL Classification: M40 http://mail.econjournals.com/index.php/ijefi/article/view/2245 |
| spellingShingle | Farahnaz Orojali Zadeh Siti Zaleha Abdul Rasid Rohaida Basiruddin Nor Aiza Mohammmed Zamil Amin Vakilbashi Risk Disclosure Practices among Malaysian Listed Firms International Journal of Economics and Financial Issues |
| title | Risk Disclosure Practices among Malaysian Listed Firms |
| title_full | Risk Disclosure Practices among Malaysian Listed Firms |
| title_fullStr | Risk Disclosure Practices among Malaysian Listed Firms |
| title_full_unstemmed | Risk Disclosure Practices among Malaysian Listed Firms |
| title_short | Risk Disclosure Practices among Malaysian Listed Firms |
| title_sort | risk disclosure practices among malaysian listed firms |
| url | http://mail.econjournals.com/index.php/ijefi/article/view/2245 |
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