Table 2.06 Summary of Studies Investigating the Association between Level of Disclosure and Industry Type S/N Author(s) Proxy Reported Sign Non Significant(Nsig) 21 distinct groups Nsig 1 McNally et al (1982) 2 Cooke(1989) Trading, manufacturing, Trading - Trading (sig) services and conglomerate Others Nsig 3 Cooke (1992) Manufacturing and others Manufac- Manufacturing turing + (sig) Others (nsig) Metal, Engineering, Consumer Consumer Nsig 4 Meek et al (1995) and Oil goods – others + Manufacturing/ Non + Sig(moderate) 5 Raffournier(1995) manufacturing Basic, manufacturing and + Nsig 6 Inchausti(1997) service 7 Owusu-Ansah (1998) Principal economic activity - nsig 8 Tower et al (1999) Resources, Manufacturing, + Nsig Financial, Service 9 Haniffa and Cooke (2002) Consumer, Industrial, - Industrial Sig 1% Construction/Property,Trading/ Services, Plantation/Mining 10 Camfferman and -,+,+ for 1st Conglomerate is Cooke(2002) category and significant for the +,+,+ for two categories 2nd category 11 Chow and Gray(2002) Electronics, publishing, food, All + for 1st shipping category and all for 2nd – category 12 Ferguson, Lam and Utilities/consumer electronics - Nsig Lee(2002) 13 Naser et al(2002) Manufacturing/Service - Nsig 14 Glaum and Steet (2003) Biotechnology, industrial 3 +, 3- Nsig services, Internet, IT/Software, Technology and Telecommunications 15 Akhtaruddin (2005) Traditional /Modern + Nsig 16 Al-Shammari(2005) Banking, Insurance, + Sig Manufacturing, Services 17 Barako(2007) Agriculture, Commercial and Agriculture Agriculture Sig Services, +for 4 for all 4 categories Finance and Investments, and categories Industrial and Allied
Table 2.06 Summary of Studies Investigating the Association between Level of Disclosure and Industry Type S/N Author(s) Proxy Reported Sign Significant(Nsig) 1 McNally et al (1982) 21 distinct groups Nsig 2 Cooke(1989) Trading, manufacturing, services and conglomerate Trading - Trading (sig) Others Nsig 3 Cooke (1992) Manufacturing and others Manufac- turing + Manufacturing (sig) Others (nsig) 4 Meek et al (1995) Metal, Engineering, Consumer and Oil Consumer goods – others + Nsig 5 Raffournier(1995) Manufacturing/ Non manufacturing + Sig(moderate) 6 Inchausti(1997) Basic, manufacturing and service + Nsig 7 Owusu-Ansah (1998) Principal economic activity - nsig 8 Tower et al (1999) Resources, Manufacturing, Financial, Service + Nsig 9 Haniffa and Cooke (2002) Consumer, Industrial, Construction/Property,Trading/ Services, Plantation/Mining - Industrial Sig 1% 10 Camfferman and Cooke(2002) -,+,+ for 1st category and +,+,+ for 2nd category Conglomerate is significant for the two categories 11 Chow and Gray(2002) Electronics, publishing, food, shipping All + for 1st category and all – for 2nd category 12 Ferguson, Lam and Lee(2002) Utilities/consumer electronics - Nsig 13 Naser et al(2002) Manufacturing/Service - Nsig 14 Glaum and Steet (2003) Biotechnology, industrial services, Internet, IT/Software, Technology and Telecommunications 3 +, 3- Nsig 15 Akhtaruddin (2005) Traditional /Modern + Nsig 16 Al-Shammari(2005) Banking, Insurance, Manufacturing, Services + Sig 17 Barako(2007) Agriculture, Commercial and Services, Finance and Investments, and Industrial and Allied Agriculture +for 4 categories Agriculture Sig for all 4 categories Non
ACCOUNTING_DISCLOSURES_AND_CORPORATE_ATTRIBUTES.docx