... disclosure compliance does not automatically increase continuing disclosure timeliness. Practical implications The MCDC lacks monetary penalties for noncompliant bond issuers and no direct regulatory consequences exist for untimely disclosure. Our findings suggest that regulatory enforcement should...

.... That is: the account must be publicly accessible, timely, reliable and adequate. This paper evaluates the 2016 annual reports of the Thai Central Government departments against these aspects in tandem with the reporting regulations. Findings The results show that reliability and timeliness of annual report...