Economics at your fingertips  

An Empirical Analysis of the Voluntary Disclosure Practices of Unired Arab Emirates Listed Companies in an International Financial Reporting Standards Environment

Suja Thomas () and Ibrahim Ahmed ()
Additional contact information
Suja Thomas: Al Ghurair University United Arab Emirates, Postal: AE
Ibrahim Ahmed: Ajman University United Arab Emirates, Postal: AE

Journal of Advanced Research in Management, 2018, vol. 9, issue 1, 15-26

Abstract: This study explores the voluntary disclosure practices of UAE listed companies in the current IFRS environment and compares them with international best practices as revealed by extant literature For the purpose of the study a voluntary disclosure checklist was designed The checklist was based on instruments used extensively in mature markets and tailored to the needs of an emerging market economy in view of the vulnerability of emerging market stocks to extensive disclosures An important reference point is that IFRS disclosures requirements are periodically revised Hence disclosures that have now become statutory under IFRS reporting have not been included in the checklist Data were collected by empirically examining the annual reports of listed companies in the UAE stock markets over a five year period 2010 to 2014 and analyzed statistically to derive significant relationships It is clear that legal requirements shape much of the disclosure practices in the UAE markets Results of the analysis showed that large companies especially in the financial services sector score high on the voluntary disclosure index The overall index falls in the range of 10 to 30 Other companies including SMEs have also begun to realize the benefits of transparency in financial reporting

Date: 2018
References: Add references at CitEc
Citations: Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:

Access Statistics for this article

Journal of Advanced Research in Management is currently edited by Andy ȘTEFĂNESCU

More articles in Journal of Advanced Research in Management from ASERS Publishing
Bibliographic data for series maintained by Claudiu Popirlan ().

Page updated 2020-03-29
Handle: RePEc:srs:jarm00:v:9:y:2018:i:1:p:15-26