Determinants of voluntary non-financial disclosures in annual reports of listed companies in Singapore.
Chew, Julia Alexis Li Lian.
Date of Issue2000
College of Business (Nanyang Business School)
This study identifies and examines the firm-specific determinants drawn from agency theory that influence the voluntary disclosure of non-financial information by Singapore listed companies. This study finds that technology, growth opportunities, size, auditor, number of non-executive directors and leverage help explain variations in voluntary disclosure of non-financial information. High technology companies disclose more non-financial information, but only up to a certain point, as perhaps further disclosure might put them at a competitive disadvantage. The association between growth opportunities and non-financial disclosure was in the opposite direction to that predicted.
Nanyang Technological University