Journal of Finance and Accounting

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The Quality of Mandatory Disclosure by Listed Companies in Bangladesh

Received: 23 May 2016    Accepted: 05 June 2016    Published: 23 June 2016
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Abstract

The main thrust of this paper is to assess the level of mandatory disclosures attributable to the quality of mandatory disclosure practices by the listed companies in Bangladesh. It is also designed to examine the trend of disclosure over the year and to investigate the variation of disclosure across the samples and industries for measuring the quality of disclosure practices. Thirty annual reports for the year 2006-2010 of non-financial companies with listed Dhaka Stock Exchange in Bangladesh have been considered as sample to find the empirical result of this study. The outcome of the analysis reveals that the mean score of mandatory disclosure is 59.28 percent with a range of 45.34% to 71.85% and 87 percent of sample companies have shown a significant difference in the disclosure scores in their annual reports. The T-test result shows that there is a significant variation of disclosure among the sample firms and a little variation is observed over the years. But the result of F-test reports no variation of disclosure across the industrial sectors. The overall findings of this study is that the quality of mandatory disclosure practiced by listed companies in Bangladesh is being improved over the years at a little variation.

DOI 10.11648/j.jfa.20160404.15
Published in Journal of Finance and Accounting (Volume 4, Issue 4, July 2016)
Page(s) 194-201
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Mandatory Disclosure, Non-financial Companies, Trend, DSE, Reporting Environment

References
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Author Information
  • Department of Business Administration, Pabna University of Science and Technology, Pabna, Bangladesh

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  • APA Style

    Mohammad Abu Sufian. (2016). The Quality of Mandatory Disclosure by Listed Companies in Bangladesh. Journal of Finance and Accounting, 4(4), 194-201. https://doi.org/10.11648/j.jfa.20160404.15

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    Mohammad Abu Sufian. The Quality of Mandatory Disclosure by Listed Companies in Bangladesh. J. Finance Account. 2016, 4(4), 194-201. doi: 10.11648/j.jfa.20160404.15

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    Mohammad Abu Sufian. The Quality of Mandatory Disclosure by Listed Companies in Bangladesh. J Finance Account. 2016;4(4):194-201. doi: 10.11648/j.jfa.20160404.15

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  • @article{10.11648/j.jfa.20160404.15,
      author = {Mohammad Abu Sufian},
      title = {The Quality of Mandatory Disclosure by Listed Companies in Bangladesh},
      journal = {Journal of Finance and Accounting},
      volume = {4},
      number = {4},
      pages = {194-201},
      doi = {10.11648/j.jfa.20160404.15},
      url = {https://doi.org/10.11648/j.jfa.20160404.15},
      eprint = {https://download.sciencepg.com/pdf/10.11648.j.jfa.20160404.15},
      abstract = {The main thrust of this paper is to assess the level of mandatory disclosures attributable to the quality of mandatory disclosure practices by the listed companies in Bangladesh. It is also designed to examine the trend of disclosure over the year and to investigate the variation of disclosure across the samples and industries for measuring the quality of disclosure practices. Thirty annual reports for the year 2006-2010 of non-financial companies with listed Dhaka Stock Exchange in Bangladesh have been considered as sample to find the empirical result of this study. The outcome of the analysis reveals that the mean score of mandatory disclosure is 59.28 percent with a range of 45.34% to 71.85% and 87 percent of sample companies have shown a significant difference in the disclosure scores in their annual reports. The T-test result shows that there is a significant variation of disclosure among the sample firms and a little variation is observed over the years. But the result of F-test reports no variation of disclosure across the industrial sectors. The overall findings of this study is that the quality of mandatory disclosure practiced by listed companies in Bangladesh is being improved over the years at a little variation.},
     year = {2016}
    }
    

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    T1  - The Quality of Mandatory Disclosure by Listed Companies in Bangladesh
    AU  - Mohammad Abu Sufian
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    UR  - https://doi.org/10.11648/j.jfa.20160404.15
    AB  - The main thrust of this paper is to assess the level of mandatory disclosures attributable to the quality of mandatory disclosure practices by the listed companies in Bangladesh. It is also designed to examine the trend of disclosure over the year and to investigate the variation of disclosure across the samples and industries for measuring the quality of disclosure practices. Thirty annual reports for the year 2006-2010 of non-financial companies with listed Dhaka Stock Exchange in Bangladesh have been considered as sample to find the empirical result of this study. The outcome of the analysis reveals that the mean score of mandatory disclosure is 59.28 percent with a range of 45.34% to 71.85% and 87 percent of sample companies have shown a significant difference in the disclosure scores in their annual reports. The T-test result shows that there is a significant variation of disclosure among the sample firms and a little variation is observed over the years. But the result of F-test reports no variation of disclosure across the industrial sectors. The overall findings of this study is that the quality of mandatory disclosure practiced by listed companies in Bangladesh is being improved over the years at a little variation.
    VL  - 4
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