Further evidence on web-based corporate disclosures in developed versus developing countries: A comparative analysis of nature and determinants in Egypt and the United Kingdom

Samaha, Khaled; Abdallah, Sara

doi:10.1057/jdg.2011.17

Cited by 18 publications

(23 citation statements)

References 37 publications

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“…the same region, Islamic banks). The first group gathers studies dealing with the adoption of and compliance with IFRS (or national GAAP) disclosure requirements in Bahrain (Juhmani, 2017); Bangladesh (Akhtaruddin, 2005;Hasan, Karim, & Quayes, 2008); China (Gao & Kling, 2012;Peng, Tondkar, van der Laan Smith, & Harless, 2008;Xiao, 1999); Egypt (Abd-Elsalam & Weetman, 2003;Dahawy, Merino, & Conover, 2002;Hassan, Giorgioni, & Romilly, 2006;Hassan, Romilly, Giorgioni, & Power, 2009;Samaha & Abdallah, 2012); Ghana (Assenso-Okofo, Ali, & Ahmed, 2011); Jordan (Al-Akra, Eddie, & Ali, 2010); Kenya (Bova & Pereira, 2012); Malaysia (Abdullah, Evans, Fraser, & Tsalavoutas, 2015;Che Azmi & English, 2016); Saudi Arabia (Naser & Nuseibeh, 2003); Turkey (Çürük, 2009;Mısırlıoglu, Tucker, & Yükseltürk, 2013) and Zimbabwe (Chamisa, 2000). The second category includes studies of business combinations in China (Taplin, Zhao, & Brown 2014); financial instrument disclosures in Malaysia (Othman & Ameer, 2009), Egypt (Mokhtar & Mellett, 2013), Jordan (Tahat, Dunne, Fifield, & Power, 2016) and Malawi (Tauringana & Chithambo, 2016); presentation of financial statements (IAS 1) in Malaysia (Rahman & Hamdan 2017); income taxes in Egypt (Ebrahim & Fattah, 2015).…”

Section: Disclosure Compliance Levels -Empirical Results and Methodologymentioning

confidence: 99%

“…According to the literature, disclosure indices can be constructed on the basis of weighted or unweighted scores, where the latter approach is most commonly used (Abd-Elsalam & Weetman, 2003;Akhtaruddin, 2005;Al-Akra et al, 2010;Ali et al, 2004;Bova & Pereira, 2012;Bradshaw & Miller, 2008;Camfferman & Cooke, 2002;Che Azmi & English, 2016;Chen & Liao, 2015;Çürük, 2009;D'Arcy & Grabensberger, 2003;Ebrahim & Fattah, 2015;Eierle, 2008;El-Gazzar et al, 1999;Gao & Kling, 2012;Glaum & Street, 2003;Hasan et al, 2008;Hope, 2003;Hope et al, 2007;Juhmani, 2017;Leuz et al, 2008;Lu & Mande, 2014;Mangena & Tauringana, 2007;Mısırlıoglu et al, 2013;Owusu-Ansah & Yeoh, 2005;Samaha & Abdallah, 2012;Sellami & Tahari, 2017;Stent et al, 2013;Street et al, 1999;Street & Bryant, 2000;Street & Gray, 2002;Taplin et al, 2002;Verriest et al, 2013;Williams & Tower, 1998). Proponents of the unweighted approach assert that each item of disclosure is equally important and focus on the overall disclosure, rather than on particular items.…”

Section: Measuring Compliance: Indicesmentioning

confidence: 99%

“…There are numerous studies examining the association between the level of compliance with accounting standards and firm characteristics, country-level factors and national cultural features as hypothesised explanatory variables and/or control variables (Abdullah et al, 2015;Al-Akra et al, 2010;Al-Shammari et al, 2008;Ali et al, 2004;El-Gazzar et al, 1999;Gao & Kling, 2012;Glaum & Street, 2003;Hassan et al, 2006;Hassan et al, 2009;Hodgdon et al, 2009;Iatridis & Valahi, 2010;Juhmani, 2017;Lu & Mande, 2014;Mangena & Tauringana, 2007;Mısırlıoglu et al, 2013;Samaha & Abdallah, 2012;Street & Bryant, 2000;Street & Gray, 2002;Tsalavoutas, 2011;Verriest et al, 2013). Appendix offers a description of the methods used in these studies.…”

Section: Determinants Of Compliancementioning

confidence: 99%

See 2 more Smart Citations

Introducing More IFRS Principles of Disclosure – Will the Poor Disclosers Improve?

Hellman

Carenys

Gutiérrez

2018

Accounting in Europe

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The current paper was prepared for the International Accounting Standards Board (IASB) Research Forum 2017 and evaluates the effects of introducing more principles of disclosure as part of the IASB Disclosure Initiative. We perform a literature review of academic research on how entities have complied with disclosure requirements in the past. The review shows high levels of noncompliance and high volatility across entities, including poor disclosers being far below the average. We find no clear pattern of higher compliance for International Financial Reporting Standards (IFRS) with more reliance on disclosure principles as compared to specific requirements (i.e. IFRS 7, IFRS 8), but note the methodological problem of measuring compliance with disclosure principles. Academic research suggests that the degree of compliance depends on entities' incentives for providing or withholding information in combination with local conditions for primary users, auditors and regulators. Based on our review, we argue that increased reliance on entities to act in 'good faith' when complying with disclosure requirements, in capital-market contexts where entities may be in highincentive situations and have low costs of non-compliance, is potentially risky in terms of how well the Standards protect primary users from poor disclosers. More emphasis is needed on ensuring that the disclosure requirements are enforceable and auditable in order to secure a certain minimum level of disclosure.

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Section: Disclosure Compliance Levels -Empirical Results and Methodologymentioning

confidence: 99%

Section: Measuring Compliance: Indicesmentioning

confidence: 99%

Section: Determinants Of Compliancementioning

confidence: 99%

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Introducing More IFRS Principles of Disclosure – Will the Poor Disclosers Improve?

Hellman

Carenys

Gutiérrez

2018

Accounting in Europe

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“…In general, firm disclosures are higher in developed than in emerging markets, since the development of accounting and information systems usually goes hand in hand with the country's economic development (Samaha and Abdallah, 2012). This is also closely linked to the state of information and telecommunications technologies (ComScore, 2013).…”

Section: Introductionmentioning

confidence: 99%

Determinants of online corporate reporting in three Latin American markets

Fuertes‐Callén

Cuéllar-Fernández

Pelayo-Velázquez

2014

Online Information Review

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Purpose -The purpose of this paper is to explore the determinants of online corporate reporting in three Latin American emerging markets, Argentina, Mexico and Chile, providing further evidence to test the mediation role of web presence development in the relationship between these determinants and e-disclosure. Web presence development measures the firm's efforts to archive web visibility, web usability and convenience. Design/methodology/approach -Based on a content analysis of corporate web sites, the extent of the information is measured by three internet disclosure indexes. Four constructs which are considered key drivers of a firm's disclosure strategy are identified. Structural equation modelling (SEM) was used to assess the research model. The sample contains publicly available data on listed companies' web sites. Findings -The results reveal that the development of a firm's presence on the internet is as important as its characteristics in determining corporate transparency and in mediating the relationship between firm size and cross-listing and e-disclosure. Practical implications -Companies should be aware that investors are attaching increasing importance to corporate transparency. Consequently, managers should put more effort into improving web sites, which would increase corporate visibility and open up a direct communication channel with their stakeholders. They should also take advantage of web sites to provide information, above and beyond that required by local law. Not only do current and potential investors find this useful, it also increases their confidence in the company. Originality/value -This paper proposes an integrative model of the determinants of the level of online corporate reporting using constructs that reflect their multidimensional nature. A non-financial latent variable for web presence on the internet is proposed as a mediator in the relationship between e-disclosure and traditional determinants. The SEM approach simultaneously examines the direct and indirect relationships between the proposed latent variables and how these relationships influence the level of e-disclosure. 806OIR 38,6 asymmetries between managers and stakeholders. One of the stakeholders for which companies issue corporate information is the shareholder. As soon as firms compete with each other for funds in capital markets, information on investor relations becomes essential. Greater corporate transparency improves investor protection rights and enhances the market's valuation of stocks (Klapper and Love, 2004).The increasing need for companies to send messages to the public has resulted in a sharp rise in the number of business news items and business-related media. New technologies have brought challenges and opportunities to the field of corporate communication enabling more direct, dynamic and interactive contact with stakeholders regardless of their location and without the need for intermediaries (Cormier et al., 2010). Corporate information on the internet provides benefits in cost-cutting, distribu...

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“…Firstly, it would contribute to the literature available on emerging markets or developing nations. As researchers have ignored the developing nations while studying the voluntary disclosure and characteristics of audit committee (Pucheta-Martínez and De Fuentes, 2007); (Greco, 2011); (Samaha and Abdallah, 2012). Few researchers have studied developing counties like Malaysia (Akhtaruddin and Haron, 2010); (Madi et al, 2014) and Egypt (Samaha et al, 2015).…”

Section: Introductionmentioning

confidence: 99%

Impact of Audit Committee Characteristics on Voluntary Disclosures: Evidence from Pakistan

Sheikh

Abdullah

Shah

2019

Asian Journal of Economics and Empirical Research

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This paper examines the effect of characteristics of audit committee on voluntary disclosure levels. This topic has been given much importance by the researchers, because independent audit plays crucial role in protecting minority shareholder's interest. The study uses a sample of one hundred fifty companies which are listed on Pakistan Stock Exchange. Studying this sample is tremendously important because of several reasons. Regulatory bodies of Pakistan are pushing companies to implement the code of corporate governance. We have used multiple regression analysis technique to analyze the effect of characteristics of audit committee on voluntary disclosure. The scores of voluntary disclosure has been considered as dependent variable and independence of audit committee, committee member's financial expertise, committee meetings frequency and committee size were used as independent variables. A checklist of 64 discretionary items was adapted to measure the voluntary disclosure in-lined with the existing literature. We have considered firm's size, its profitability and leverage as control variables. The results suggest that size and independence of audit committee members have statistically significant effect on voluntary disclosure while, other independent variables do not have any significant effect. The existing literature reports different findings for these variables. Policy makers may further strengthen disclosure framework, which may be helpful in meeting the expectation of investors using the findings of this study.

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Further evidence on web-based corporate disclosures in developed versus developing countries: A comparative analysis of nature and determinants in Egypt and the United Kingdom

Cited by 18 publications

References 37 publications

Introducing More IFRS Principles of Disclosure – Will the Poor Disclosers Improve?

Introducing More IFRS Principles of Disclosure – Will the Poor Disclosers Improve?

Determinants of online corporate reporting in three Latin American markets

Impact of Audit Committee Characteristics on Voluntary Disclosures: Evidence from Pakistan

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