Variations in Opinions Toward Disclosure Trend of Insurance Companies in Bangladesh: An Empirical Study

Posted: 14 May 2015

See all articles by Abu Siddique

Abu Siddique

Rajshahi University of Engineering and Technology

Dr. Neogy

Institute of Business Administration (IBA), Rajshahi, National University, Bangladesh.

Md. Rabiul Islam

Rajshahi University of Engineering and Technology

Multiple version iconThere are 2 versions of this paper

Date Written: 2014

Abstract

The study is an attempt to examine empirically the perceptions of a sample of users of reported information regarding the use of annual reports for decision making, adequacy, reliability, consistency, comparability, relevance, satisfaction and compliance of BASs (IASs) in preparing annual report. Results of the study demonstrated that there is a lack of disclosure in the annual reports of insurance companies. The study also found insignificant variations in opinions towards adequacy, consistency, relevance, satisfaction and compliance of provisions of Bangladesh Accounting Standards in disclosure policy of the companies while there are significant variations in responses regarding reliability and comparability of accounting information disclosed in the annual reports. Insurance companies should develop their reporting policy to satisfy their users through compliance the disclosure requirements of international standards.

Keywords: Financial disclosure, Insurance company, Bangladesh

Suggested Citation

Siddique, Abu and Neogy, Dr. and Islam, Rabiul, Variations in Opinions Toward Disclosure Trend of Insurance Companies in Bangladesh: An Empirical Study (2014). American Journal of Trade and Policy, Vol. 1, No. 1, 2014. Available at SSRN: https://ssrn.com/abstract=2606113

Abu Siddique

Rajshahi University of Engineering and Technology

Dr. Neogy (Contact Author)

Institute of Business Administration (IBA), Rajshahi, National University, Bangladesh. ( email )

Talaimari
Bangladesh, 6204
Bangladesh

Rabiul Islam

Rajshahi University of Engineering and Technology

Register to save articles to
your library

Register

Paper statistics

Abstract Views
218
PlumX Metrics