IDEAS home Printed from https://ideas.repec.org/a/ids/ijaape/v4y2007i3p263-285.html
   My bibliography  Save this article

Risk reporting of Japanese companies and its association with corporate characteristics

Author

Listed:
  • Noriyuki Konishi
  • Md. Mohobbot Ali

Abstract

This study aims to examine the relationship between corporate characteristics and level of risk reporting and to reveal the impact of issuing regulatory guidelines on risk reporting in annual reports. One hundred non-financial companies were randomly selected from the first section of the Tokyo Stock Exchange. Firstly, we find that, consistent with prior research, the size of the company and the number of risk disclosures are positively correlated. On the other hand, no significant relationship exists between the number of risk disclosures and other corporate characteristics. Secondly, the findings show that most of the companies disclose descriptive risk information but are reluctant to quantify risk. It also shows that the level of risk reporting has increased, at least in quantity, in annual reports after the issuance of regulatory guidelines on risk reporting by the Financial Service Agency.

Suggested Citation

  • Noriyuki Konishi & Md. Mohobbot Ali, 2007. "Risk reporting of Japanese companies and its association with corporate characteristics," International Journal of Accounting, Auditing and Performance Evaluation, Inderscience Enterprises Ltd, vol. 4(3), pages 263-285.
  • Handle: RePEc:ids:ijaape:v:4:y:2007:i:3:p:263-285
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=16281
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Farahnaz Orojali Zadeh & Siti Zaleha Abdul Rasid & Rohaida Basiruddin & Nor Aiza Mohammmed Zamil & Amin Vakilbashi, 2016. "Risk Disclosure Practices among Malaysian Listed Firms," International Journal of Economics and Financial Issues, Econjournals, vol. 6(3), pages 1092-1096.
    2. Rosa Lombardi & Daniela Coluccia & Giuseppe Russo & Silvia Solimene, 2016. "Exploring Financial Risks from Corporate Disclosure: Evidence from Italian Listed Companies," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 7(1), pages 309-327, March.
    3. Rosa Lombardi & Daniela Coluccia & Giuseppe Russo & Silvia Solimene, 2016. "Exploring Financial Risks from Corporate Disclosure: Evidence from Italian Listed Companies," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 7(1), pages 309-327, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijaape:v:4:y:2007:i:3:p:263-285. 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: (Carmel O'Grady). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=41 .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.