The study on relationship between disclosure degree of annual reporting and company-specific features based on meta analysis

Based on Meta-Analysis, the paper tests company-specific characteristic´s effect on disclosure degree of annual reporting for two times. The company-specific features include size, listing status, debt leverage, performance and accounting firm´s size. The first test indicates that size and listing status are significant variable on disclosure degree, while leverage, performance and audit firm size do not show significant influence. For further test, disclosure degree is categorized as voluntary, mandatory and mix ones, while size is classified into total assets and annual sales, listing status into listing or not and listing in which stock market, leverage into debt/equity, debt/assets, long-term liability/equity, and profitability into net profit/assets, net profit/sales and net profit/equity. However, the second test demonstrates that relationship between disclosure degree of annual reporting and company specific feature is complicated and varied. The result suggests previous study be careful concerns and further research needed.