effect of voluntary disclosure on firm’s performance

Abstract

The report has been executed mainly regarding the effect of voluntary disclosure in annual report. There was an analysis pertaining to 5 reputed cements companies and two years of each company was analysed. Nowadays, cement has become the latest export commodities in Bangladesh. To become more sustainable in the market, the company needs to be transparent to stakeholders through their proper information disclosures. The information of annual report is not only significant tools for investors for decision making, but also it ensures the trustworthiness to stakeholders. This report also coveys about the consequence of voluntary disclosure in annual report. The company earned more earning per share which disclosed more information. However, there was some exception in EPS due to COVID 19 pandemic in 2020. Thus, this topic has become increasingly well-liked recently and companies cannot deny that the importance of voluntary disclosure information in annual report.