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Download or read book Determinant of Financial Instruments Disclosure Quality Among Listed Firms in Malaysia written by Mohamat Sabri Hassan and published by . This book was released on 2008 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: A lack of proper reporting guidelines on the reporting of the market value of financial instruments may lead to poor disclosure of the value of firms' financial instruments (and net worth). This poor disclosure may subsequently mislead the investors in making their investment decisions. This paper investigates the disclosure quality of financial instruments disclosure of Malaysian firms listed in the Bursa Malaysia. In this paper we explore the association between the disclosure quality of financial instruments information and the firm characteristics. We measure disclosure quality based on a disclosure index which is based on seven categories of information required in Malaysian Accounting Standards Board (MASB) 24 Financial Instruments: Disclosure and Presentation. Our results indicate that on average the disclosure quality among Malaysian firms is low. However, the level of disclosure is increasing, especially in the period immediately after the issuance of MASB 24. We find that firm size, debt to total assets, and risk management committee are associated with disclosure quality of financial instruments. Further, we also find that post period is highly related with disclosure quality. This indicates that the implementation of financial instruments disclosure standards does influence firms to provide high quality of reporting.