The determinants of corporate voluntary disclosure policy

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Our study has many implications: first, it can help investors in their decision making and leads to fair resources’ allocation. Second, it gives helpful directives to UAE accounting authorities to enhance financial reporting quality in the light of the New Commercial Company Law 2015 for mandatory adoption of IFRS by all listed companies. Our paper present also helpful directives for tax authorities planning for both company and value added taxes. It also shed light on factors driving corporate social responsibility disclosures (CSR) as a crucial component of voluntary disclosure policy. Other voluntary disclosure determinants remain unexplored for UAE firms such as cultural and tax incentives in the light of the new tax rules including corporate and value added taxes.

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