• ISSN: 2010-023X
    • Frequency: Bimonthly
    • DOI: 10.18178/IJTEF
    • Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
    • Executive Editor: Ms. Cherry L. Chen
    • Abstracting/ Indexing:  ProQuest, Crossref, Electronic Journals Library , EBSCO, and Ulrich's Periodicals Directory
    • E-mail: ijtef@ejournal.net
IJTEF 2013 Vol.4(6): 376-379 ISSN: 2010-023X
DOI: 10.7763/IJTEF.2013.V4.320

The Influence of Capital-Raising Activity on Intangibles Reporting: Evidence from Malaysia

Abdul Halim Hazianti and Jaafar Hartini
Abstract—Intangibles reporting within the annual report has increased in frequency and types over the last few years. Despite this growth, relatively little is known about the incentives or motivations behind such reporting practices. Further, their unregulated nature (besides items that fall under the intangible assets categories) means that management has great discretion when reporting. This study aims to determine whether financing decisions provide a strong incentive for firms to signal a greater variety of intangibles information, a higher level of disclosure and more intense information to the capital market. We focus on the top 100 Malaysian firms. Content analysis of annual reports is carried out to determine the variety, extent and intensity of intangibles disclosure. The findings, which support signalling theory, provide evidence that capital-raisers provide more intense information compared to their non-capital-raiser counterparts.

Index Terms—Annual report, intangibles, voluntary disclosure.

The authors are with the Department of Accounting and Finance, Faculty of Management and Economics, Universiti Pendidikan Sultan Idris, Malaysia (e-mail: hazianti@ fpe.upsi.edu.my, hartini@fpe.upsi.edu.my).


Cite:Abdul Halim Hazianti and Jaafar Hartini, "The Influence of Capital-Raising Activity on Intangibles Reporting: Evidence from Malaysia," International Journal of Trade, Economics and Finance vol.4, no.6, pp. 376-379, 2013.

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