VOLUNTARY DISCLOSURE PRACTICES IN SELECT NIFTY NON-FINANCIAL COMPANIES

Abstract

The aim of the article is to investigate the voluntary disclosure practices of select non-financial Nifty 50 listed companies. The eight variables were considered for the study later; based on that, 74 constructs were developed. Automobiles, information technology, energy, fast-moving consumer goods and metal industries were considered for the study. The voluntary disclosure data was collected from published financial statements of the companies. The study period was confined to 2010-2020. Collected data was analyzed and scores were identified by dividing from the maximum score-74. Further data was also analyzed through descriptive statistics. The study identified the growth of voluntary disclosure practice in Indian companies and also various suggestions were provided based on the findings. In turn, the study will be helpful for investors to understand the level of voluntary disclosure practices by companies.