Risk Disclosure Practices among Malaysian Listed Firms

Yıl 2016, Cilt: 6 Sayı: 3, 1092 - 1096, 01.05.2016

Farahnaz Orojali Zadeh Siti Zaleha Abdul Rasid Rohaida Basiruddin Nor Aiza Mohammmed Zamil Amin Vakilbashi

Öz

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

Anahtar Kelimeler

Risk Disclosure, Regulatory, Malaysia