The Association between the Firm-Specific Characteristics and Corporate Voluntary Disclosure: (Evidence from Iran)

Document Type : Original Article

Authors

1 استان آذربایجان شرقی-شهرستان اهر-سیداباد-خیابان شهید دستجردی 16-پلاک5

2 Assistant Professor of Faculty of Management & Accounting Tehran University, Tehran

Abstract

The purpose of this paper is to examine the influence of various financial and non-financial variables on the level of voluntary disclosure in the annual reports of listed Iranian firms.  The research paper has been based on a sample of 203 firms listed in the Tehran Stock Exchange during the study period from 1391 to 1392. Also, the Ordinary Least Squares (OLS) method is used for testing hypotheses. The disclosure score used in this study is unweighted relative disclosure index consisting of 50 voluntary items based on accounting standards for measuring voluntary disclosure in annual reports. The empirical results indicate that only one of the corporate characterizes (Size) has a significant positive association with voluntary disclosure. This study does not find any significant relationship between Age, Leverage, Liquidity, Profitability, Audit firm size with the extent of voluntary disclosure

Keywords

References

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Financial Accounting Research
Volume 8, Issue 2 - Serial Number 28
November 2016
Pages 25-38

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History

  • Receive Date: 18 May 2013
  • Revise Date: 24 October 2016
  • Accept Date: 08 November 2016

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