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Disclosures And Transparency Amongst Small-Medium-Enterprises: A Comparative Study Between Malaysia And Indonesia

Table 3:

Final Score (%) CG Grades Comments
< 60 Fifth Grade (poorly disclosure) Lack of disclosure and transparency in most items. It needs radical and major improvements changes
61 – 70 Fourth Grade (satisfactory disclosure) Only fulfilled minimum requirements of disclosure and transparency items. It needs medium to major improvements
71 – 80 Third Grade (Good Disclosure) Fulfilled majority of disclosure and transparency items with needs minor improvements
81 – 90 Second Grade (very good disclosure) Fulfilled most of disclosure and transparency items
91 – 100 First Grade (excellent disclosure) Fullfilled all of disclosure and transparency items
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