(i) the scale of enterpriseTheory, theory of signal and some research tothat large scale businesses, the level of disclosure of informationmore small scale companies, can explain that businesslarge scale industry has bigger investors had entrepreneur journalsmall and attracted much attention from analysts. Saleslarge scale industry has many sources of information announced for first homeportfolio better than small businesses. Business scalecareer is evaluated through indicators total assets, net sales,total liabilities or employees of the business.(ii) the profitabilitySignal theory, highly profitable businesseswant to distinguish themselves with companies that have low profitability, throughsignal, helping them increase the stock value and attract more NĐT. Canthe financial situation in the past affect the degree of publicbusiness information (Khanna & Srinivasan, 2004). The salesprofitable businesses may want to publish information of the enterprisefor outside investors than companies with less profit. 10(iii) the leverage of debtThe business has high debt leverage often has the level ofmore information because the creditors requested the company announcedeven more information. However, evidence of their practices are notto prove their point. Roberts & Gray (1995) foundreverse relationships between financial leverage and disclosure informationof businesses in the US and the UK. Archambault (2003) also leadsdocument that there is no connection between financial leverageand disclosure of the business.(iv) subject to auditThe subject is an integral part of the FINANCIAL STATEMENTof the businesses listed. Thus, the businessmade by major auditing firms like the big 4 (Doilotte,PWC, E & Y, KPMG) then an opinion the auditor is the indirectsubjective validation about the level of trust in FINANCIAL STATEMENT of the business. Whenreceived the prestigious opinion, professional, businessindustry confidence and readiness information disclosure and the level of disclosure willhigher. Research results of Owusu-Ansah and Yeoh (2005)Research has determined that the audit type and associated intimatelyto the level of disclosure required of businesses. So whenbusinesses are audited by the auditing company with large scaleand professional, the information disclosure of enterprises will intelligentlyBach, more accurate.(v) fixed assetsThe business value of fixed assets, high efficiencyuse the asset disclosure more to helpoutsiders make investment decisions. This leads topositive relationship between property value and the level of announced 11Tin. On the other hand, can also argue that the companies have many propertiesbeing the pledge needs no financial disclosure. Jensen andMeckling (1976) argued that the assets were mortgage can reduce itsconflict of ownership because the lender would charge property ownersfixed assets in the case of bankrupt businesses. The reductiona conflict of ownership can reduce demands for disclosure of informationso can the relationship between reverse and pledge assetsthe extent of disclosure of information.(vi) operating time of the businessThere are many suggestions that the business had the timelongtime mobile, the company's disclosure that manyrather, these businesses have long operating time shall establish,FINANCIAL STATEMENT presentation over time will improve more than so canpublish information about new business activities. Owusu-Ansah (1998) has proven that working timea positive impact on company level disclosure, Owusu-Ansah and Yeho (2005) and Al shamari et (2007) also had resultssimilar.(vii) the solvencyLiquidity refers to the ability to meet debt situationof business in the short term. The liquidity of thecareers related to the use of accounting information. According to Lisignal theory, businesses are likely to pay the higher willmore information in order to promote the reputation and price increasesgovernance of the enterprise. Besides also argues that thecompanies with high solvency shall publish information moremore enterprises have low solvency (Cooke, 1989).On the other hand also suggested that businesses are capable of 12weak liquidity can amplify the publication information in order for theshareholders, managers less worries (Wallace et al, 1994)
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