Financial Reporting in India: Changes in Disclosure over the Period 1982 to 1990
- 1 June 1997
- journal article
- research article
- Published by Taylor & Francis in Asia-Pacific Journal of Accounting
- Vol. 4 (1) , 109-140
- https://doi.org/10.1080/10293574.1997.10510513
Abstract
India is an example of a developing country whose financial reporting practices were based on the British model as a result of colonialisation. Since independence in 1947, India has amended its company law and introduced its own accounting standards. Disclosure in the annual reports of large Indian companies was studied in 1982/3 and 1989/90. The research instrument used was a disclosure index which included both voluntary and mandatory items. Increases in disclosure over time were found to have occurred. This appeared to be partly a result of an increase in accounting standard disclosure requirements over the period studied but also there was an increase in compliance with existing standards. Additionally it was found that larger companies disclosed more than smaller companies in both periods.Keywords
This publication has 18 references indexed in Scilit:
- The determinants of voluntary financial disclosure by Swiss listed companiesEuropean Accounting Review, 1995
- Accounting Disclosure Practices in the United States and the United KingdomJournal of Accounting Research, 1994
- DISCLOSURE IN JAPANESE CORPORATE ANNUAL REPORTSJournal of Business Finance & Accounting, 1993
- DISCRETIONARY DISCLOSURE OF RESERVES BY OIL AND GAS COMPANIES: AN ECONOMIC ANALYSISJournal of Business Finance & Accounting, 1992
- The use of disclosure indices in accounting research: A review articleThe British Accounting Review, 1991
- Voluntary Corporate Disclosure by Swedish CompaniesJournal of International Financial Management & Accounting, 1989
- Globalization of Stock Markets and Foreign Listing Requirements: Voluntary Disclosures by Continental European Companies Listed on the London Stock ExchangeJournal of International Business Studies, 1989
- Modes of regulation in advanced capitalism: Locating accountancy in four countriesAccounting, Organizations and Society, 1987
- The contingency theory of corporate reporting: Some empirical evidenceAccounting, Organizations and Society, 1986
- Financial Reporting Practices: Disclosure and Comprehensiveness in an International SettingJournal of Accounting Research, 1976