Evaluating The Level Of Disclosure And Transparency In The Annual Reports Of Companies Listed On The Damascus Securities Exchange

Authors

  • Shadi Zahra Al Sham Privet University

Abstract

The research aims to assess the level of disclosure and transparency in the annual reports of the companies listed on the Damascus Securities Exchange during 2019 and issued in 2020. The research was conducted on all companies listed on the Damascus Securities Exchange with the exception of the two telecommunications companies because the annual reports of the two companies were not issued until the end of the eighth month of 2020. This research covers five sectors, namely banking, insurance, industry, agriculture and services. The Standard and Poor’s methodology was used as a tool to measure the level of disclosure and transparency by looking for the availability of 98 features in the annual reports of companies.

The research found that the level of disclosure and transparency in the annual reports of companies listed on the Damascus Securities Exchange is low in general, due to the lack of implementation of the legislative framework governing disclosure and transparency instructions on the one hand, and the deficiency of this framework on the other hand.

 

Author Biography

Shadi Zahra , Al Sham Privet University

 Professor, Department of Banks and Financial Institutions

Downloads

Published

2021-03-08

How to Cite

1.
زهرة ش. Evaluating The Level Of Disclosure And Transparency In The Annual Reports Of Companies Listed On The Damascus Securities Exchange. Tuj-econ [Internet]. 2021Mar.8 [cited 2024Nov.25];43(1). Available from: https://journal.tishreen.edu.sy/index.php/econlaw/article/view/10348

Issue

Vol. 43 No. 1 (2021): Tishreen University Journal for Research and Scientific Studies - Economic and Legal Sciences Series

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

  • The authors retain the copyright and grant the right to publish in the magazine for the first time with the transfer of the commercial right to Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences

     Under a CC BY- NC-SA 04 license that allows others to share the work with of the work's authorship and initial publication in this journal. Authors can use a copy of their articles in their scientific activity, and on their scientific websites, provided that the place of publication is indicted in  Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences   .  The Readers have the right to send, print and subscribe to the initial version of the article, and the title of Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences Publisher

  • journal uses a CC BY-NC-SA license which mean

    You are free to:

    • Adapt — remix, transform, and build upon the material
    •  
    • The licensor cannot revoke these freedoms as long as you follow the license terms.

  • Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.

  • NonCommercial — You may not use the material for commercial purposes.

  • ShareAlike — If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original.

  • No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.