The extent of voluntary disclosure in an emerging capital market： The case of Jordan

作     者：Wasim K. Al-Shattarat Ayman E. Hadda Osama M. Al-Hares 

作者机构：College of Business Administration Gulf University for Science and Technology （GUST） PO Box 7202 Hawally 32093 Kuwait Division of Business and Economics The American University of Kuwait Safat 13034 Kuwait 

出 版 物：《Journal of Modern Accounting and Auditing》 (现代会计与审计（英文版）)

年 卷 期：2010年第6卷第10期

页      面：39-51页

学科分类：12[管理学] 02[经济学] 0202[经济学-应用经济学] 1201[管理学-管理科学与工程(可授管理学、工学学位)] 020204[经济学-金融学（含∶保险学）] 0839[工学-网络空间安全] 08[工学] 

主　　题：资本市场 约旦 财务信息 年度报告 证券交易所 人工智能 历史信息 上市公司 

摘      要：This study evaluates the extent of voluntary disclosure in the annual reports of non-financial companies listed at the Amman Stock Exchange (ASE) for the year 2006. The study adopts the disclosure index suggested by Haddad, Al-Shattarat & Nobanee (2009) and evaluates the voluntary disclosure for the Jordanian companies for the year 2006 at three levels: the first provides a description and analysis of the overall voluntary disclosure; the second covers the extent to which each individual item of information is disclosed; the third covers the type of information (e. g., financial information, historical information, management discussion). The results of the study reveal that there was a considerable variation in the disclosure of the index items and also among the listed companies. On average, a company disclosed about 28.95% of the items applicable to it, and only six out of the 53 companies received disclosure scores greater than 50%. It was also found that 50 items out of 62 items included in the index had a disclosure below 50%, and 10 items had disclosure of less than 10%. With respect to the evaluation of different types of information, the analyses indicated that the category of the background information, the category of financial ratios and the category of management discussions were better disclosed in corporate annual reports than the other types of information.