ISSN: 2225-8329
Open access
The main idea in current paper is to check the disclosure level in listed Georgian companies and to assess the speculated effect of various company peculiarities amount of voluntary or mandatory disclosure. A disclosure list containing 35 items were established to check the amount of disclosure in 50 companies’ annual financial statements in 2018. The relationship between the amount of disclosure and various firm peculiarities was analyzed by the means of Ordinary Least Square regression. The outcomes demonstrated a positive association between voluntary information level and the independent variables such as profitability of firms, type of industry and board size. However unexpectedly, leverage was found to have negative significant association with the voluntary disclosure information.
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In-Text Citation: (Mercan, 2021)
To Cite this Article: Mercan, M. (2021). Corporate Voluntary and Mandatory Disclosure: Evidence from Georgian Companies. International Journal of Academic Research in Accounting Finance and Management Sciences, 11(1), 423–438.
Copyright: © 2021 The Author(s)
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