A comparative study of de jure and de facto disclosure between Australia and Singapore

Abstract

The study analyses de jure disclosure harmony between Australia and Singapore by examining selected disclosure requirements from the statutes, stock exchange listing rules and five accounting standards. Empirical evidence as to Australian and Singaporean companies' de facto disclosure is provided. Two disclosure indices, specifically the no‐violation‐for‐non‐disclosure (NVND) index and the violation‐for‐non‐disclosure (VND), were used to assess the extent of company's disclosure of the selected requirements contained within their respective country's rules.

Citation

Soewarso, E., Tower, G., Hancock, P. and Taplin, R. (2003), "A comparative study of de jure and de facto disclosure between Australia and Singapore", Asian Review of Accounting, Vol. 11 No. 1, pp. 18-47. https://doi.org/10.1108/eb060761