The Relationship between Firm-Level Factors and Disclosure Index Scores between the Australian and Taiwan companies

Firm-Level Factors and Disclosure Index Scores between the Australian and Taiwan companies
Name
Institution Affiliation
The analysis of the firm-level disclosure factors accounts for company size, leverage, business segments, the capacity of equity generation, foreign listings, portion of the small market segment, top shareholders’ portion, and the presence of administrative strategies. Based on the drill down disclosure index, a score of 1 indicates that the organization discloses all the information as required in law.
The current disclosure of Australia is 0.8 (CRSHub, 2018) while that of Taiwan is 1 (Index Mundi, 2018). The disclosure index showed accounts for the national total. However, this is with respect to the outlined factors of analysis. The profitability of the companies in both Australia and Taiwan is 0.11 which is positive but a weak correlation for the expected against the disclosed information. On other factors, the total firm size is 0.4667 indicating positive drill-down disclosure index.
Some of the notable indices in terms of positive interaction with the level of disclosure needed include overseas’ sales which are reported at the level of 0.545. The least recorded level of indices is registered under a number of notes on the financial statement which has a negative score of -0.277. The disclosure on the factor of top shareholder portion has a negative score indicating poor rating in information provision to in the financial reporting. Director independence is rated at 0.

0594 showing poor rating as compared with another index such as DDI of the percentage of small investors. The association of small investors with a higher level of rating is the associated of the unissued company shares that are direct company assets. Such assets do not require further data to indicate the shareholder ownership and are collectively regarded as the companies’ stake.
References
CSRHub. 2018. Corporate Social Responsibility (CSR) & Environment, Social, Governance (ESG) Metrics. Accessed online on October 1, 2018 from https://www.csrhub.com/CSR_and_sustainability_information/National-Australia-Bank-Limited
Index Mundi. 2018. Business extent of disclosure index (0=less disclosure to 10=more disclosure) – Asia. Accessed online on October 1, 2018 from https://www.indexmundi.com/facts/indicators/IC.BUS.DISC.XQ/compare#country=au:cn