Risk Disclosure Practices among Malaysian Listed Firms

Authors

  • Farahnaz Orojali Zadeh International Business School Universiti Teknologi Malaysia
  • Siti Zaleha Abdul Rasid International Business School Universiti Teknologi Malaysia
  • Rohaida Basiruddin International Business School Universiti Teknologi Malaysia
  • Nor Aiza Mohammmed Zamil International Business School Universiti Teknologi Malaysia
  • Amin Vakilbashi International Business School Universiti Teknologi Malaysia

Abstract

This study discusses the development of risk disclosure policy in Malaysia after the 1997 financial crisis and provides evidence on the importance of risk disclosure over the recent years. Analysis on the trend of risk disclosure based on the new development was carried out through content analysis. The findings show positive trend of development in risk disclosure practices in Malaysia over the period of 2001-2011. In addition, risk disclosure sentences were found to be insufficient and should be rectified. There is a need to revisit the current regulations and standards to improve the risk disclosure practices and to follow internationally-based accounting policy.  

Keywords: Risk Disclosure, Regulatory, Malaysia

JEL Classification: M40

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Published

2016-07-23

How to Cite

Zadeh, F. O., Abdul Rasid, S. Z., Basiruddin, R., Zamil, N. A. M., & Vakilbashi, A. (2016). Risk Disclosure Practices among Malaysian Listed Firms. International Journal of Economics and Financial Issues, 6(3), 1092–1096. Retrieved from https://www.econjournals.com/index.php/ijefi/article/view/2245

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