Voluntary Information Disclosure of Pharmaceutical Industries in Bangladesh

Abstract

This report is about voluntary information disclosure of pharmaceutical industries in Bangladesh. It includes the details discussion of six voluntary disclosure items of annual report. For this report nine pharmaceutical companies were chosen and those are, Square Pharmaceutical Limited, Beximco Pharma, Orion Infusion Limited, Renata Limited, Delta Pharmaceutical Limited, ACME Laboratories Limited, Advent Pharma Limited, Beacon Pharmaceutical Limited and Far Chemical Industries Limited. Among these companies Square holds the 1st position among all the pharmaceutical companies in Bangladesh. To get a better idea of the extent of the voluntary disclosure items reported in the annual report (Square, Beximco, Renata, ACME, Beacon, Advent) top ranked, (Orion Pharma) medium ranked and (Delta Pharma) low ranked company were chosen. This would provide the overall picture of how much information voluntarily disclosed in annual report of pharmaceutical companies. For this reason, data has been collected from the annual report of these companies. The financial year 2018-2019 were selected for all companies for this project. In this particular year, how much information is voluntarily shown along with the mandatory information by these companies were analyzed. Finally, the details findings of the voluntary disclosure items in annual report regarding this nine pharmaceutical companies are outlined throughout the report at the later part.