Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1120341 | Procedia - Social and Behavioral Sciences | 2012 | 9 Pages |
Abstract
The purpose of this study is to determine the extent of forward-looking information disclosure in publicly traded Turkish corporations, and to identify drivers of disclosure. Through content analysis of annual reports, we identified the level of forward- looking information disclosure in Turkish listed manufacturing companies. According to the results, forward-looking disclosure level is not high among Turkish companies currently; the majority of the disclosures are qualitative; and while all firms spread good news, no one discloses the bad ones. Furthermore, the results indicate that firm size and auditor size are the significant variables in explaining forward-looking information disclosure level; other five variables (i.e. profitability, leverage, ownership structure, independent directors, listing age) are insignificant.
Related Topics
Social Sciences and Humanities
Arts and Humanities
Arts and Humanities (General)
Authors
Ali Uyar, Merve Kilic,