Effect of aggregate, mandatory and voluntary disclosure on firm performance in a developing market: the case of Kuwait

Issa Dawd and Lanouar Charfeddine

International Journal of Accounting, Auditing and Performance Evaluation, 2019, vol. 15, issue 1, 31-56

Abstract: This paper examines the relationship between corporate disclosure and firm performance for the case of listed companies in the Kuwait Stock Exchanges (KSE). Our sample contains 51 non-financial firms that represent 42% of the total number of listed companies in Kuwait. The empirical results show that the linear relationship between aggregate, mandatory and voluntary disclosure and firm performance is not significant, while there is strong evidence for nonlinear relationship between the disclosure types and firm performance proxies. Specifically, we found strong evidence of U-shaped relationship between corporate disclosure and firm performance. Moreover, we found that the relationship between disclosure and firm performance is not governed by the firm size variable.

Keywords: aggregate disclosure; mandatory disclosure; voluntary disclosure; firm performance; Kuwait; disclosure index; regression analysis. (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.inderscience.com/link.php?id=96735 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijaape:v:15:y:2019:i:1:p:31-56

Access Statistics for this article

More articles in International Journal of Accounting, Auditing and Performance Evaluation from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().