Risk Disclosure And Corporate Governance Characteristics
Table 1:
Year |
N |
Monetary |
Non-Monetary |
Forward (F) |
Backward (B) |
Beneficial |
Non-Beneficial |
Neutral |
Voluntary (VT) |
Mandatory (MT) |
|
|
Mean |
Mean |
Mean |
Mean |
Mean |
Mean |
Mean |
Mean |
Mean |
2008 |
167 |
11.09 |
10.86 |
4.917 |
1.592 |
8.695 |
15.943 |
6.017 |
13.468 |
9.834 |
2009 |
167 |
10.95 |
11.36 |
5.059 |
1.687 |
9.029 |
16.305 |
6.362 |
14.185 |
10.277 |
2010 |
167 |
12.37 |
12.24 |
5.755 |
2.225 |
11.366 |
20.201 |
8.589 |
16.023 |
12.141 |
2011 |
167 |
13.70 |
13.30 |
5.796 |
2.883 |
13.843 |
22.914 |
11.09 |
16.805 |
13.284 |
2012 |
167 |
13.80 |
14.02 |
6.258 |
3.007 |
14.4 |
23.479 |
11.49 |
16.933 |
13.816 |
2013 |
167 |
14.23 |
14.94 |
6.029 |
3.131 |
16.651 |
24.088 |
12.78 |
18.259 |
14.752 |
2014 |
167 |
14.48 |
14.92 |
5.789 |
2.985 |
15.904 |
24.083 |
13.11 |
18.205 |
14.129 |
2015 |
167 |
15.34 |
15.94 |
5.989 |
3.018 |
16.068 |
24.072 |
13.11 |
18.949 |
14.514 |
2016 |
167 |
16.02 |
17.64 |
5.940 |
3.192 |
16.479 |
23.903 |
13.23 |
20.198 |
15.971 |
2017 |
167 |
17.33 |
20.32 |
6.049 |
3.531 |
17.507 |
24.549 |
14.24 |
22.695 |
18.880 |
< Back to article