Return on + Nsig equity 15 Chow and + Nsig Gray(2002) 16 Glaum and Net income - Nsig Street(2003) before tax to shareholders’ equity 17 Ali et al (2004) Return on total + Sig assets 18 Prencipe(2004) Operating + Nsig income/ total assets 19 Akhtaruddin (2005) Net profit on + Sig( marginally) capital employed Net profit on + Sig (marginally) sales 20 Return on + Nsig equity = earnings b4 tax/ shareholders’ equity 21 Barako(2007) Return on + for 4 Sig for 2 categories, equity: Net categories Nsig for 2 categories profit to total shareholders’ fund. Source: Compiled from the literature reviewed by the researcher (2009)
Return on equity + Nsig 15 Chow and Gray(2002) + Nsig 16 Glaum and Street(2003) Net income before tax to shareholders’ equity - Nsig 17 Ali et al (2004) Return on total assets + Sig 18 Prencipe(2004) Operating income/ total assets + Nsig 19 Akhtaruddin (2005) Net profit on capital employed + Sig( marginally) Net profit on sales + Sig (marginally) 20 Return on equity = earnings b4 tax/ shareholders’ equity + Nsig 21 Barako(2007) Return on equity: Net profit to total shareholders’ fund. + for 4 categories Sig for 2 categories, Nsig for 2 categories Source: Compiled from the literature reviewed by the researcher (2009)
ACCOUNTING_DISCLOSURES_AND_CORPORATE_ATTRIBUTES.docx