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Compliance Of Segment Reporting By Bursa Malaysia Main Board Companies

CHAPTER ONE: INTRODUCTION
In the 1960s and 1970s, there was criticism of the accounting practices in developed countries such as the United Kingdom and the United States for not keeping abreast with business activities, which have moved from one business and one geographical segment operations producing single products for local consumption to multinational operations with more than one business segment. Aggregate information in consolidated financial statements could no longer satisfy the information needs of some users especially with regards to the evaluation of different rates of risks, returns and growth in a diversified multinational corporation.

Empirical studies subsequently seem to suggest that segment information do have some benefits especially with regard to the analysis of user decision making (Nobes and Parker, 2000; Baldwin, 1984; Nichols, Tunnell and Seipal, 1995; Emmanuel, Garrod and Frost, 1989), comparisons with the predictive ability of different types of......


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Approximate Word Count: 8984
Approximate Pages: 36 (250 words per double-spaced page)

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