Diversity in Risk Communication

Probohudono, Agung Nur and Tower, Greg and Rusmin, Rusmin (2013) Diversity in Risk Communication. Australasian Accounting Business and Finance Journal, 7 (1). pp. 43-58.

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    Abstract

    This study analyses the communication of the five major categories of risk (business, strategy, market and credit risk disclosure) over the volatile 2007-2009 Global Financial Crisis (GFC) time period in key South East Asian countries’ manufacturing listed companies. This study is important as it contributes to the literature by providing insights into the voluntary risk disclosure practices using sample countries with different economic scenarios. Key findings are that business risk is the most disclosed category and strategy risk is the least disclosed. Business and credit risk disclosure consistently increase over the three year period, while operating, market and strategy risk disclosure increase in 2008, but then decrease slightly in 2009. Statistical analysis reveals that country of incorporation and size help predict risk disclosure levels. The overall low disclosure levels (26- 29%) highlight the potential for far higher communication of key risk factors.

    Item Type: Article
    Subjects: H Social Sciences > H Social Sciences (General)
    H Social Sciences > HB Economic Theory
    H Social Sciences > HF Commerce
    H Social Sciences > HT Communities. Classes. Races
    Divisions: Lembaga Penelitian dan Pengabdian Kepada Masyarakat - LPPM
    Depositing User: Anis Fagustina
    Date Deposited: 04 May 2014 01:46
    Last Modified: 04 May 2014 01:46
    URI: https://eprints.uns.ac.id/id/eprint/14875

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