Disclosures of voluntary accounting ratios and share price volatility: evidence from bursa Malaysia / Ahmad Hafiz Zainal Abidin

Accounting ratios are tools used by analyst to analyse the financial performance and position of a company. The presence of accounting ratios in annual reports would enhance the understandability and analytical concerns of the financial statements. This features are important to the users of financi...

Full description

Saved in:

Bibliographic Details
Main Author:	Zainal Abidin, Ahmad Hafiz
Format:	Thesis
Language:	English
Published:	2011
Online Access:	https://ir.uitm.edu.my/id/eprint/17149/2/TM_AHMAD%20HAFIZ%20ZAINAL%20ABIDIN%20AC%2011_5.pdf
Tags:	Add Tag No Tags, Be the first to tag this record!

id	my-uitm-ir.17149
record_format	uketd_dc
spelling	my-uitm-ir.171492022-04-06T05:12:14Z Disclosures of voluntary accounting ratios and share price volatility: evidence from bursa Malaysia / Ahmad Hafiz Zainal Abidin 2011-04 Zainal Abidin, Ahmad Hafiz Accounting ratios are tools used by analyst to analyse the financial performance and position of a company. The presence of accounting ratios in annual reports would enhance the understandability and analytical concerns of the financial statements. This features are important to the users of financial statements especially stakeholder who relies on financial statements to value a firm. However, the disclosures of accounting ratios in an annual report among listed companies in Bursa Malaysia were found to be relatively low in Malaysia. This thesis examines the disclosures of accounting ratios in annual reports towards the volatility of share prices. To indicate the usefulness of accounting ratios to the investors, the volatility of share prices are measured (by means of standard deviation) which represent the level of trading activities took place during the announcement period. These volatilities of share prices are then analysed to find its correlation with the level of accounting ratios disclosed by the companies in their annual reports. Samples are collected from 50 companies listed in Bursa Malaysia during 2008 and 2009. This thesis provides evidence that the disclosures of accounting ratios in an annual report are significantly influence the volatility of share prices in the market. These findings conclude that the disclosures accounting ratios in an annual report would make the issued shares of a company more attractive to the investors in market. 2011-04 Thesis https://ir.uitm.edu.my/id/eprint/17149/ https://ir.uitm.edu.my/id/eprint/17149/2/TM_AHMAD%20HAFIZ%20ZAINAL%20ABIDIN%20AC%2011_5.pdf text en public mphil masters Universiti Teknologi MARA Faculty of Accountancy
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
description	Accounting ratios are tools used by analyst to analyse the financial performance and position of a company. The presence of accounting ratios in annual reports would enhance the understandability and analytical concerns of the financial statements. This features are important to the users of financial statements especially stakeholder who relies on financial statements to value a firm. However, the disclosures of accounting ratios in an annual report among listed companies in Bursa Malaysia were found to be relatively low in Malaysia. This thesis examines the disclosures of accounting ratios in annual reports towards the volatility of share prices. To indicate the usefulness of accounting ratios to the investors, the volatility of share prices are measured (by means of standard deviation) which represent the level of trading activities took place during the announcement period. These volatilities of share prices are then analysed to find its correlation with the level of accounting ratios disclosed by the companies in their annual reports. Samples are collected from 50 companies listed in Bursa Malaysia during 2008 and 2009. This thesis provides evidence that the disclosures of accounting ratios in an annual report are significantly influence the volatility of share prices in the market. These findings conclude that the disclosures accounting ratios in an annual report would make the issued shares of a company more attractive to the investors in market.
format	Thesis
qualification_name	Master of Philosophy (M.Phil.)
qualification_level	Master's degree
author	Zainal Abidin, Ahmad Hafiz
spellingShingle	Zainal Abidin, Ahmad Hafiz Disclosures of voluntary accounting ratios and share price volatility: evidence from bursa Malaysia / Ahmad Hafiz Zainal Abidin
author_facet	Zainal Abidin, Ahmad Hafiz
author_sort	Zainal Abidin, Ahmad Hafiz
title	Disclosures of voluntary accounting ratios and share price volatility: evidence from bursa Malaysia / Ahmad Hafiz Zainal Abidin
title_short	Disclosures of voluntary accounting ratios and share price volatility: evidence from bursa Malaysia / Ahmad Hafiz Zainal Abidin
title_full	Disclosures of voluntary accounting ratios and share price volatility: evidence from bursa Malaysia / Ahmad Hafiz Zainal Abidin
title_fullStr	Disclosures of voluntary accounting ratios and share price volatility: evidence from bursa Malaysia / Ahmad Hafiz Zainal Abidin
title_full_unstemmed	Disclosures of voluntary accounting ratios and share price volatility: evidence from bursa Malaysia / Ahmad Hafiz Zainal Abidin
title_sort	disclosures of voluntary accounting ratios and share price volatility: evidence from bursa malaysia / ahmad hafiz zainal abidin
granting_institution	Universiti Teknologi MARA
granting_department	Faculty of Accountancy
publishDate	2011
url	https://ir.uitm.edu.my/id/eprint/17149/2/TM_AHMAD%20HAFIZ%20ZAINAL%20ABIDIN%20AC%2011_5.pdf
_version_	1783733548873678848

Disclosures of voluntary accounting ratios and share price volatility: evidence from bursa Malaysia / Ahmad Hafiz Zainal Abidin

Similar Items