VOLUNTARY REPORTING OF VALUE ADDED STATEMENTS IN SINGAPORE

Abstract

This paper examines why a sample of Singaporean listed companies voluntarily report Value Added Statements (VASs) in their annual reports. Given prior studies regarding the factors motivating disclosure of VASs in Australia, this study seeks to compare its findings with those prior studies. The result suggests that the decision to voluntarily report VAS is positively related to firm's interest coverage, size, and industry membership, of which the latter two variables, firm size and industry membership, are also found to be significant in the Australian studies. In addition, while firm's effective taxation burden and leverage are significant predictors in the Australian studies, they are not significant in this study. Explanations are advanced for differences in the results of the studies between the two countries.

Citation

Christopher, T., Hassan, S. and Islam, A. (1996), "VOLUNTARY REPORTING OF VALUE ADDED STATEMENTS IN SINGAPORE", Asian Review of Accounting, Vol. 4 No. 1, pp. 25-43. https://doi.org/10.1108/eb060664