| Abstract: | This article analyses corporate annual report disclosure practices in five ASEAN countries: Singapore, Malaysia, Indonesia, the Philippines and Thailand. The purpose is twofold. First, to ascertain the extent, pattern and nature of corporate disclosure in ASEAN. Second, to reveal whether existing disclosure requirements would be conducive to accounting harmonisation in the ASEAN region. Data sources are the annual reports of 145 public companies listed on ASEAN stock exchanges, and disclosure requirements in companies legislation and stock market regulations. A disclosure checklist and a model are used to analyse disclosure practices. The results reinforce and extend extant international studies of disclosure practices. They are thought likely to benefit those seeking to operate public companies in ASEAN and those contemplating accounting harmonisation in ASEAN. |
