Disclosing risk information by Malaysian firms: A trend and the determinants

Rayenda Brahmana, Jia Hui Tan

Research output: Contribution to journalArticlepeer-review

3 Citations (Scopus)


This study examines the determinants of disclosing risk information for a sample of 144 listed firms in Malaysia over 2010–2014. Using fixed effect panel regression with robust white test to control the standard error, we find that the size, leverage, growth are the factors for the company to disclose more risk information. Interestingly, profitability has no significant contribution on risk disclosure. These findings gives implication to the policy maker and industry that the implementation of risk disclosure as part of good corporate governance might not be smooth because only big size firms, good leverage firms and high growth firms are the firms that would disclose their risk information.

Original languageEnglish
Pages (from-to)457-469
Number of pages13
JournalInternational Journal of Economic Policy in Emerging Economies
Issue number5
Early online date23 Sept 2018
Publication statusE-pub ahead of print - 23 Sept 2018
Externally publishedYes


The authors gratefully acknowledge the funding from the Universiti Malaysia Sarawak and Malaysia of Higher Education through the Fundamental Research Grant Scheme No.FRGS/SS05(06)/1151/2014(18).

Publisher Copyright:
Copyright © 2018 Inderscience Enterprises Ltd.


  • risk disclosure
  • voluntary disclosure
  • corporate risk,
  • Malaysia

ASJC Scopus subject areas

  • Economics and Econometrics


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