SA A D SD Weighted M SDev Sample 3.04 133 239 73 20 465 .784 Company Size 27.5% 49.5% 15.1% 4.1% 96.3% 114 255 86 13 468 3.00 .785 Profitability 96.9% 23.6% 52.8% 17.8% 2.7% Leverage 65 250 126 11 452 2.82 .698 93.6% 13.5% 51.8% 26.1% 2.3% Company Age. 2.73 70 190 148 19 427 .785 88.4% 14.5% 39.3% 30.6% 3.9% Industry Type 110 243 90 18 461 2.97 .768 95.4% 22.8% 50.3% 18.6% 3.7% Size of Audit firm 94 204 137 28 463 2.79 .835 95.9% 19.5% 42.2% 28.4% 5.8% Multinational Affiliation 123 224 97 22 466 2.96 .813 96.5% 25.5% 46.4% 20.1% 4.65% Inadequate training of preparers 2.70 77 181 130 37 425 .865 88.0% 15.9% 37.5% 26.9% 7.7% Poor audit quality by external 66 196 128 41 431 2.67 .849 auditors 89.2% 13.7% 40.6% 26.5% 8.5% Ineffective 75 212 102 41 430 2.75 .855 and inefficient monitoring mechanisms 89.0% 15.5% 43.9% 21.1% 8.5% Inadequate sanctions to deter 95 196 107 35 433 2.81 .869 non-compliance 89.6% 19.7% 40.6% 22.2% 7.2% Cumbersome accounting 55 197 126 53 431 2.59 .863 standards 89.2% 11.4% 40.8% 26.1% 11.0% Source: Field Study (2009) This provides answers to Research question 4 and Objective 4. Item 19 addresses the Company Size (Table 4.34). Three hundred and seventy two respondents (77%) were affirmative that company size influences the extent of disclosure by listed companies which far supersedes the combined percentage of those
SA A D SD Weighted Sample M SDev Company Size 133 27.5% 239 49.5% 73 15.1% 20 4.1% 465 96.3% 3.04 .784 Profitability 114 23.6% 255 52.8% 86 17.8% 13 2.7% 468 96.9% 3.00 .785 Leverage 65 13.5% 250 51.8% 126 26.1% 11 2.3% 452 93.6% 2.82 .698 Company Age. 70 14.5% 190 39.3% 148 30.6% 19 3.9% 427 88.4% 2.73 .785 Industry Type 110 22.8% 243 50.3% 90 18.6% 18 3.7% 461 95.4% 2.97 .768 Size of Audit firm 94 19.5% 204 42.2% 137 28.4% 28 5.8% 463 95.9% 2.79 .835 Multinational Affiliation 123 25.5% 224 46.4% 97 20.1% 22 4.65% 466 96.5% 2.96 .813 Inadequate training of preparers 77 15.9% 181 37.5% 130 26.9% 37 7.7% 425 88.0% 2.70 .865 Poor audit quality by external auditors 66 13.7% 196 40.6% 128 26.5% 41 8.5% 431 89.2% 2.67 .849 Ineffective and inefficient monitoring mechanisms 75 15.5% 212 43.9% 102 21.1% 41 8.5% 430 89.0% 2.75 .855 Inadequate sanctions to deter non-compliance 95 19.7% 196 40.6% 107 22.2% 35 7.2% 433 89.6% 2.81 .869 Cumbersome accounting standards 55 11.4% 197 40.8% 126 26.1% 53 11.0% 431 89.2% 2.59 .863 Source: Field Study (2009) This provides answers to Research question 4 and Objective 4. Item 19 addresses the Company Size (Table 4.34). Three hundred and seventy two respondents (77%) were affirmative that company size influences the extent of disclosure by listed companies which far supersedes the combined percentage of those
ACCOUNTING_DISCLOSURES_AND_CORPORATE_ATTRIBUTES.docx