Evaluation of the level of corporate disclosure of listed companies in Singapore
Huang, Ming Hong
Zhu, Cui Wei
Date of Issue1997
College of Business (Nanyang Business School)
The disclosure level of financial information is crucial to parties involved both in preparing and using annual reports, especially to private investors. This is because a company's annual report is probably the single most important source of information available to private investors(SES survey, 1977). Within the annual report, financial statements provide the most comprehensive information thus are mostly used by the investors in their decision making.
NANYANG TECHNOLOGICAL UNIVERSITY