A Closer Look at the Causes of Poor Corporate Disclosure in Bangladesh: An Empirical Study

The article aims at determining the causes of poor corporate disclosure in Bangladesh by a scientifically acceptable procedure - Kendall Coefficient of Concordance (W). The field level opinions have been collected and tested to prove the main causes of poor disclosure at corporate level sector in Bangladesh. Sixteen causes were found for this poor disclosure. The most important cause is the weak legal system in the country and in the market. This indicates that although there are different legal measures to ensure the transparency of financial disclosure, the implementation of law is very weak. This may help the policy makers and potential researchers to find out the probable solutions to the problem identified.