The Adequacy of Accounting Mandatory Disclosure under the Global Financial Crisis. A Field Study in Jordan
This research attempts to explore accounting academics and investors’ perception on the adequacy of the quality and quantity of disclosed information by Jordanian public shareholding companies listed on the Amman Stock Exchange (ASE). Jordanian Securities Depositary Center (JSDC) requires the public companies to follow IAS/IFRS to prepare their financial statements and its discloser requirements. To achieve the abovementioned objectives, a questionnaire was developed and distributed to a sample of accounting academics in the Jordanian universities and investors in the (ASE).180 questionnaires were distributed, ultimately 125 valid- questionnaires were received from both groups. This paper used means, standard deviation, ANOVA, and t test to describe the respondents’ perception on this research questions. The results revealed that there is an agreement among respondents regarding the adequacy of quality of disclosure in the financial reporting of Jordanian public shareholding companies under the circumstances of the global financial crisis. Furthermore, the results showed that the investors perceived the quantity of accounting disclosure as inadequate surrounding circumstances of the global financial crisis. On the other hand, accounting academics perceived the quantity of disclosed information as sufficient. This study recommends that there is a need to consider quantities of disclosed information to meet the requirements of investors.
Volume (Year): 11 (2012)
Issue (Month): 3 (September)
|Contact details of provider:|| |
When requesting a correction, please mention this item's handle: RePEc:ami:journl:v:11:y:2012:i:3:p:424-441. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Cristina Geambasu)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.