Risk Disclosure Research Trends: Bibliometric Evaluative Study

Kaifah Riyard Ag; Mohd  Noor Azli bin Ali Khan

doi:10.61841/0kdt8910

Authors

Kaifah Riyard Ag Universiti Teknologi Malaysia (UTM) Author
Mohd Noor Azli bin Ali Khan Universiti Teknologi Malaysia (UTM). Author

DOI:

https://doi.org/10.61841/0kdt8910

Keywords:

Risk Disclosure, Research Trends, Bibliometric Analysis, VOSviewer, Scopus Database

Abstract

The recent financial crisis has triggered tremendous awareness of the reliability of company financial reports as the main source of information to the market. Poor risk disclosure by the company worsens the situation, as the company may hesitate to disclose disadvantageous information to the market, fearing it will affect the company's performance. Therefore, further understanding the topic and widening the network are important to developing comprehensive research on the effect of risk disclosure. This bibliometric analysis study was aimed at evaluating global research trends in the risk disclosure area based on the outputs of publications, authors co-authorship and affiliated countries, and authors co-occurring keywords. By using the Scopus database as the main search engine, a total of 400 articles published between 1978 and 2018 were extracted. Based on the analysis, the result suggested that risk disclosure has started getting attention from 2010. The result also highlighted that English is the main language used by the authors in writing articles, followed by German and Spanish It also documented that most of the risk disclosure study came from the United Kingdom and Australia, with a total publication of 18%, superior to the other countries. The study also identified the most popular of sub-research themes for risk disclosure as cost of capital and bank disclosure.

Downloads

Download data is not yet available.

References

[1] Azlan, A., Rosli, A.M. & Hassan, C.H.M., 2009. Risk reporting : An exploratory study on risk management

disclosure in Malaysian annual reports. Managerial Auditing Journal, 24: 39–57.

[2] Barizah Abu Bakar, N., Rahim Abdul Rahman, A. & Majdi Abdul Rashid, H., 2005. Factors influencing

Auditor independence: Malaysian loan officers‟ perceptions. Managerial Auditing Journal, 20: 804–822.

[3] Barton, J., & Mercer, M., 2005. To blame or not to blame: Analysts‟ reactions to external explanations for

poor financial performance. Journal of Accounting and Economics, 39: 509-533.

[4] Cole, C.J. & Jones, C.L., 2005. Management Discussion and Analysis: A Review and Implications for

Future Research. Journal of Accounting Literature, 24: 135-145.

[5] Elzahar, H. & Hussainey, K., 2012. Determinants of narrative risk disclosures in UK interim reports. The

Journal of Risk Finance, 13: 133–147.

[6] Khudzari, J.M., Kurian, J., Tartakovsky, B., & Raghavan, G.V., 2018. Bibliometric analysis of global

Research trends on microbial fuel cells using the Scopus database. Biochemical engineering journal, 136: 51–

60.

[7] Khlif, H., & Hussainey, K., 2016. The association between risk disclosure and firm characteristics: a meta-analysis. Journal of Risk Research, 19: 181-211.

[8] Konishi, N. & Ali, M.M., 2007. Risk reporting of Japanese companies and its association with corporate

characteristics. International Journal of Accounting, Auditing and Performance Evaluation, 4:263-275.

[9] Lajili, K., & Zéghal, D., 2005. A content analysis of risk management disclosures in Canadian annual

reports. Canadian Journal of Administrative Sciences/Revue Canadienne des Sciences de' l'Administration,

22: 125-142.

[10] Linsley, P.M. & Shrives, P.J., 2005. Examining risk reporting in UK public companies. The Journal of Risk

Finance, 6: 292–305.

[11] Linsley, P.M. & Shrives, P.J., 2006. Risk reporting: A study of risk disclosures in the annual reports of UK

companies. British Accounting Review, 38: 387–404.

[12] Malaysian Code on Corporate Governance (MCCG), 2017. Malaysian Code on Corporate Governance

Report 2017. Available at: https://www.sc.com.my/wp-content/uploads/eng/html/cg/mccg2017.pdf.

[13] Mohammadi, M.A.D., 2017. Corporate Governance and Financial Information Disclosure in a Developing

Country. Doctoral dissertation, Universiti Teknologi Malaysia.

[14] Muzahem, A., 2011. An empirical analysis on the practice and determinants of risk disclosure in an

Emerging capital market: the case of the United Arab Emirates. Doctoral dissertation, University of

Portsmouth.

[15] Owusu-Ansah, S., 1998. The Impact of Corporate Attributes on the Extent of Mandatory Disclosure and Reporting by Listed Companies in Zimbabwe. The International Journal of Accounting, 33: 605–631.

[16] Saggar, R. & Singh, B., 2017. Corporate governance and risk reporting: Indian evidence. Managerial Auditing Journal, 32: 378–405.

[17] Schipper, K., 2007. Required disclosures in financial reports. Accounting Review, 82: 301–326.

[18] Siriyama & Albarqi, N., 2017. Financial Reporting Quality: A Literature Review. International Journal of

Business Management and Commerce, 2: 0–14.

[19] Solomon, J.F., Solomon, A., Norton, S.D., & Joseph, N.L. 2000. A Conceptual Framework for Corporate

Risk Disclosure Emerging From the Agenda for Corporate Governance Reform‟, British Accounting Review. 32: 447–478.

[20] Tauringana, V. & Chithambo, L., 2016. Determinants of risk disclosure compliance in Malawi: a mixed-method approach. Journal of Accounting in Emerging Economies, 6: 111–137.

[21] Van Eck N.J. Waltman. 2018. Manual for VOS viewer Version 1.6.7

[22] Wahab, E.A.A., Gist, W.E., & Majid, W.Z.N.A., 2014. Characteristics of non-audit services and financial restatements in Malaysia. Journal of Contemporary Accounting and Economics, 10: 225–247.

[23] Zadeh, F.O., 2015. Corporate governance, risk disclosure, and cost of equity capital in the Malaysian public listed firm. Doctoral dissertation, Universiti Teknologi Malaysia.