Factor impact to the level of non-financial information disclosure of the companies listed on the Ho Chi Minh City stock exchange - Vietnam

Abstract

The purpose of the paper is to identify the factors that can affect the level of non-financial information disclosure by the listed companies on the Ho Chi Minh Stock Exchange (HOSE). To evaluate the nonfinancial information disclosure level, a disclosure index of a company was prepared and the multiple regression analysis was used to test the hypotheses. The paper has been conducted on the sample of 93 the listed companies on HOSE. The finding indicated that the company size (SIZE) and company profitability (ROE) have a positive and significant effect on the level of non-financial information disclosure of the listed companies on HOSE.