The Extent of Disclosure of Different Components of Disclosure Index: A Study on Commercial Banks in Bangladesh
DOI:
https://doi.org/10.18034/gdeb.v4i2.139Keywords:
Financial Statements, Bangladesh, Commercial Banks, Disclosure Index, Items of DisclosureAbstract
This discussion highlights the disclosure score of different components of disclosure index of the selected state-owned commercial banks in Bangladesh. The annual reports of the selected commercial banks were analyzed to determine the extent of disclosure score of different components of disclosure index which contained the items of information included in the disclosure index of the selected commercial banks during the period under study. An index of disclosure has constructed less than seven heading to measure the extent of disclosure score of different components of disclosure index such as company profile items, corporate structure items, accounting policy items, balances sheet assets items, balance sheet liabilities items, income statement debit items and income statement credit items. This study shows that the disclosure score of different components of disclosure index is satisfactory and there was significant and non significant difference in disclosure score of different components of disclosure index between the selected state-owned commercial banks in different years.
Downloads
References
Agarwal, (1995), “Disclosure in Company Accounts”, Hind Law Publishers cited in Maleque, et. al., (2010), “Financial Disclosure in Corporate Annual Reports: A Survey of Selected Literature”, Journal of the Institute of Bangladesh Studies, Vol., 33, pp. 113-132.
Ahmed AA and Dey MM. 2009. BANK LOAN OFFICERS' PERCEPTIONS OF CORPORATE FINANCIAL DISCLOSURE IN THE BANKING SECTOR OF BANGLADESH: AN EMPIRICAL ANALYSIS In:CIIT, ed. CIIT Proceedings 2nd CBRC. Lahore, Pakistan: COMSATS Institute of Information Technology.
Ahmed AA and Dey MM. 2011. Accounting Disclosure Scenario: An Empirical Study of the Banking Sector of Bangladesh Accounting & Management Information Systems, 9.
Ahmed AA and Siddique MN. 2013. Internet Banking Espousal in Bangladesh: A Probing Study Engineering International, 1, 40-47.
Ahmed AA, Khan W and Hossain MS. 2011. Reporting Practice of Accounting Disclosure on Changes in Listed Companies of Bangladesh ASA University Review, 5, 83-96.
Ahmed AA. 2009. Measurement and Analysis of the Extent of Timeliness in Corporate Annual Reports of Banking Sector in Bangladesh Development Compilation, 1, 45-56.
Ahmed AA. 2009. THE EFFECT OF TIMELINESS REGULATION OF CORPORATE FINANCIAL REPORTING: EVIDENCE FROM BANKING SECTOR OF BANGLADESH Accounting and Management Information Systems, 8, 216 - 235.
Ahmed AA. 2012. Disclosure of Financial Reporting and Firm Structure as a Determinant: A Study on the Listed Companies of DSE ASA University Review, 6, 43-60.
Ahmed, A. A. A. (2009), “Compliance of Financial Disclosure in Corporate Annual Reports of Banking Sector of Bangladesh”, Published Ph. D Dissertation, Rajshahi University.
Akter, M. and Hoque, M. (1993), Disclosure Practices in Bangladesh: A Case Study of the Banking Sector, Dhaka University Journal of Business Studies, Vol. 14(2), pp. 29-42.
Alam, M. J. (2013), “Compliance with Accounting Standards in Financial Reporting of Commercial Banks in Bangladesh”, unpublished Ph. D Dissertation, Rajshahi University.
Audited Annual Reports of Selected state-owned Commercial Banks during the years from 2009 to 2013.
Cooke, T. E. (1992), “The Impact of Size, Stock Market Listing and Industry Type on Disclosure in the Annual Reports of Japanese Listed Corporations”, Accounting and Business Research, Vol. 22, no. 87, pp. 229-237. DOI: https://doi.org/10.1080/00014788.1992.9729440
Hendriksen, (1973), “Accounting Theory”, Richard D. Irwin, Inc., U.S.A
Hossain, M. A. and Hossain M. M. (2010) “A Review of Corporate Financial Reporting and Regulations in Bangladesh”, BUBT Journal, Vol. 3 (January – December), pp. 175-187.
Hye, M. A. (1986), “Disclosure of Accounting Policies and Its Current Status in Bangladesh”, the Cost and Management, May-June, pp. 5-10.
Islam, M. K. S. (2000), Qualitative Characteristics of Financial Disclosure of the Commercial Banks in Bangladesh, Journal of the Institute of Bangladesh Studies, University of Rajshahi Volume 23, pp. 187-201.
Marston, C. and Robson, P. (1997), “Financial Reporting in India: Change in Disclosure over the Period 1982 to 1990”, Asia-Pacific Journal of Accounting, June, pp. 109-140. DOI: https://doi.org/10.1080/10293574.1997.10510513
Neogy, T. K. (2013), “Disclosure Practices of Mobile Telecommunication Companies with Special Reference to Grameenphone Ltd.”, Global Disclosure of Economics and Business, Volume 2, No. 1, pp. 61-75.
Nurunnabi, M. and Hossain, M.A. (2012) "The voluntary disclosure of internet financial reporting (IFR) in an emerging economy: a case of digital Bangladesh", Journal of Asia Business Studies, Vol. 6 Iss: 1, pp.17 - 42. DOI: https://doi.org/10.1108/15587891211190688
Pramanik, M. A. R. and Islsm, M. K. S. (1999), Disclosure of Accounting Policies: A Study of the Commercial Banks in Bangladesh, Thoughts on Economics, Vol. 9, No. 1 & 2, January – June, pp. 49-67.
Rouf MA, Hasan MS and Ahmed AA. 2014. Financial Reporting Practices in the Textile Manufacturing Sectors of Bangladesh ABC Journal of Advanced Research, 3, 57-67.
Siddique, M. A. B. and Raboul, M. R. (2010) Disclosure Practices of Insurance Companies in Bangladesh: Study on Some Selected Insurance Companies, the Cost and Management, ay-June, pp. 27-30.
Siddiquei, M. A. B. Neogy, T. K. and Islam, M. R. (2014), “Variations in Opinions toward Disclosure Trend of Insurance Companies in Bangladesh: An Empirical Study”, American Journal of Trade and Policy, Vol. 1, No. 1, pp. 42-50. DOI: https://doi.org/10.15590/ajtp/2014/v1i1/54053
Singhvi, S.S (1968), "Characteristics and Implication of Inadequate Disclosure: A Case Study of India". The International Journal of Accounting Education and Research, Vol. 3 No. 2 Spring, pp, 29– 44
--0--
Downloads
Published
Issue
Section
License
How to Cite
