Talha, Mohammad; Salim, Abdullah Sallehhuddin Abdullah - In: International Journal of Managerial and Financial Accounting 3 (2011) 2, pp. 188-199
Chairman statement in the corporate annual report is classified as narrative accounting and until today it remains as voluntary disclosure. Without guidelines by the accounting standards setters and close monitoring by the regulators, it is hypothesised that company management may exaggerate the...