Factors affecting the quality of accounting disclosures provided in the annual reports for Jordanian firms

This study aims to cover the factors that affect Jordanian companies’ annual reports’ accounting disclosures within the country's regulatory framework. This study analyses the qualitative content of accounting disclosures in Jordanian service and manufacturing companies to ascertain whe ther Jo...

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Detalles Bibliográficos
Autores: Al- Mohareb, Manar Moffadi Awad, Gutiérrez Ponce, Herenia, Chamizo González, Julián
Tipo de recurso: artículo
Fecha de publicación:2024
País:España
Institución:Universidad Autónoma de Madrid
Repositorio:Biblos-e Archivo. Repositorio Institucional de la UAM
Idioma:inglés
OAI Identifier:oai:repositorio.uam.es:10486/715956
Acceso en línea:http://hdl.handle.net/10486/715956
https://dx.doi.org/10.1002/csr.3025
Access Level:acceso abierto
Palabra clave:Accounting Disclosures
Corporate Governance
Qualitative Content
Regulatory Framework
Economía
Descripción
Sumario:This study aims to cover the factors that affect Jordanian companies’ annual reports’ accounting disclosures within the country's regulatory framework. This study analyses the qualitative content of accounting disclosures in Jordanian service and manufacturing companies to ascertain whe ther Jordanian law affects the company's capacity to provide adequate disclosures to stake holders and whe ther industry type affects disclosure quality. The content analysis results indicated that Jordanian firms are aware of the laws and regulations governing the preparation of annual reports. Still, corporate governance rules are insufficient. Furthermore, the results revealed that annual report preparers are committed to mandatory and voluntary but provide inadequate CSR disclosures. The findings showed that service firms outperform manufacturing companies in terms of paying attention to narrating events and taking action to reduce their impact. Multiple factors influence the quality of accounting disclosures in Jordan. As for a limitation, content analysis inherently involves some level of subjectivity in interpreting and coding data, which could introduce bias into the analysis. Nevertheless, conducting targeted studies on particular sectors with in Jordan could yield valuable information regarding industry specific disclosure procedures and obstacles, which could be a future study