Impact of Corporate Attributes on Human Resource Disclosure Practices, Evidences from Commercial Banks of Bangladesh

Abstract

The present study intends to investigate the impact of corporate attributes in disclosing Human Resource information from the lens of Stakeholder theory. A sample of 100 annual reports of 20 commercial banks operating in Bangladesh for five years starting from 2015 to 2019 has been considered for this research. Content analysis and multiple linear regression have been used to meet the objectives. The results reveal that large firms disclose more information due to higher social reputation and greater accountability towards stakeholders. Further, human resource cost and human resource disclosures (HRDs) are positively related. It implies that corporations that invest more in human capital disclosure it in the annual report to let people know about it and enhance their credibility. The findings also demonstrate a negative relationship between HRDs and the firm’s age, which implies that, to be trustworthy, reliable, and retain public confidence, young firms disclose more information. In contrast, established firms tend to disclose less information. The findings of the study may exert remarkable contribution in devising corporate policy and setting measures of regulatory and accounting standard-setting bodies.