Accounting disclosure scenario: an empirical study of the banking sector of Bangladesh

Citation

(2011), "Accounting disclosure scenario: an empirical study of the banking sector of Bangladesh", International Journal of Accounting & Information Management, Vol. 19 No. 2. https://doi.org/10.1108/ijaim.2011.36619baa.027

Accounting disclosure scenario: an empirical study of the banking sector of Bangladesh

Article Type: Abstracts From: International Journal of Accounting and Information Management, Volume 19, Issue 2

Disclosure of annual reports is an important attribute of their usefulness. This paper empirically measured and analyzed the volume of disclosure items in a developing country like Bangladesh. The main objective of this study is to measure the extent of corporate financial reporting made by the listed banking companies in Bangladesh. The objective that is to find out the current state of disclosure of the banking companies in Bangladesh. Using 25 percent of the population (12 banks) observations over a period of five years (2002-2006), the extent of disclosure has been measured using the unweighted disclosure index. In order to see whether there is significant difference in disclosure score among the sample banks we conducted t-tests choosing two samples at a time, i.e. using SPSS software, we conducted paired sample t-test. The results showed that Arab Bangladesh Bank (AB Bank) appeared to have the highest levels of disclosure and standard bank appeared to have the lowest levels of disclosure. The study shows the top and bottom ranked banks by the size of the UDI. The main reason behind preparing this part is to verify that this part has given the insights which banks are disclosing more information in the sample under study. This paper also reports the number of items universally disclosed or entirely excluded from disclosures by banks.

Keywords: Accounting disclosure, Unweighted disclosure index (UDI), Bangladesh, Banking sector

Alim Al Ayub AhmedFaculty of Business, ASA University Bangladesh, Dhaka, BangladeshMadan Mohan DeyDepartment of Accounting and Information Systems,Rajshahi University, Rajshahi, Bangladesh