Volume 5, Issue 1, July 2014, Pages 87–96
Mohammad Rafiqul Islam1, Mohammad Badruzzaman Bhuiyan2, and Mehedi Hasan Tuhin3
1 Post Doctoral Research Fellow, School of Management, Wuhan University of Technology Address: Wuhan University of Technology, Mafangshan, East Campus # 122 luoshi Road, Wuhan (Zip: 430070) Hubei, P.R, China
2 Assistant Professor, Department of Tourism and Hospitality Management, University of Dhaka, Bangladesh
3 Assistant Professor, Dept. of Business Administration, Sylhet International University, Bangladesh
Original language: English
Copyright © 2014 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
The aim of this paper is to measure the extent of disclosure of voluntary financial information in the annual reports of listed banks in Bangladesh. An effort has also been made to identify the impact of profitability on the level of voluntary disclosure. An unweighted disclosure index with 14 financial items has been used to measure the extent of disclosure. The study reveals that most of the listed banks of Bangladesh are not making satisfactory level of voluntary disclosure with average score of about 42.86%. The findings also show that profitability is not significant in explaining the level of voluntary disclosure of financial information.
Author Keywords: Finance, profitability, Bank of Bangladesh, voluntary.
Mohammad Rafiqul Islam1, Mohammad Badruzzaman Bhuiyan2, and Mehedi Hasan Tuhin3
1 Post Doctoral Research Fellow, School of Management, Wuhan University of Technology Address: Wuhan University of Technology, Mafangshan, East Campus # 122 luoshi Road, Wuhan (Zip: 430070) Hubei, P.R, China
2 Assistant Professor, Department of Tourism and Hospitality Management, University of Dhaka, Bangladesh
3 Assistant Professor, Dept. of Business Administration, Sylhet International University, Bangladesh
Original language: English
Copyright © 2014 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
The aim of this paper is to measure the extent of disclosure of voluntary financial information in the annual reports of listed banks in Bangladesh. An effort has also been made to identify the impact of profitability on the level of voluntary disclosure. An unweighted disclosure index with 14 financial items has been used to measure the extent of disclosure. The study reveals that most of the listed banks of Bangladesh are not making satisfactory level of voluntary disclosure with average score of about 42.86%. The findings also show that profitability is not significant in explaining the level of voluntary disclosure of financial information.
Author Keywords: Finance, profitability, Bank of Bangladesh, voluntary.
How to Cite this Article
Mohammad Rafiqul Islam, Mohammad Badruzzaman Bhuiyan, and Mehedi Hasan Tuhin, “The Association between Profitability and the Extent of Voluntary Disclosure of Financial Information in the Annual Reports: A Study on Listed Banks of Bangladesh,” International Journal of Innovation and Scientific Research, vol. 5, no. 1, pp. 87–96, July 2014.
