Download or read book Voluntary Disclosure of Corporate Governance Information written by Elizabeth Carson and published by . This book was released on 1997 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Corporate Governance and Voluntary Disclosure written by Luminita Enache and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Importance of Corporate Governance Quality and Voluntary Disclosure of Corporate Governance Information in Listed Malaysian Family Controlled Business written by Norziana Lokman and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the impact of family control on the association between corporate governance quality and voluntary disclosures of corporate governance information of publicly listed Malaysian family controlled businesses. In addition, the impact of incentive factors are also examined for both family and non-family controlled businesses in relation to voluntary disclosures. The findings suggest that the positive association between corporate governance quality and voluntary disclosures is weaker in family controlled businesses. Stock-based compensation significantly impacts the association.

Download or read book The Limits of Corporate Power written by Ira M. Millstein and published by Beard Books. This book was released on 2003 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a reprint of a previosly published work. It deals with the constraints on corporate decison making.

Download or read book The Association Between Voluntary Disclosure and Corporate Governance in the Presence of Severe Agency Conflicts written by Ana Gisbert and published by . This book was released on 2014 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agency conflicts between investors are particularly severe in the presence of high family and block-holder ownership. By focusing on a setting characterised by high ownership concentration, we study the role of independent directors in promoting transparency through increased disclosure. In our tests, we use a sample of Spanish firms and, consistent with prior work, we show that the presence of these directors is strongly associated with increased voluntary disclosure. Additionally, we find that when an executive director takes on chair responsibilities the level of voluntary information is reduced, creating potential conflicts with the role of independent directors. We conclude that the regulatory environment can create sufficient incentives to bring together the interests of minority and majority shareholders and guarantee an efficient monitoring role of independent directors. However, results suggest that other mechanisms should be reinforced in order to improve the role of governance control on agency relationships, particularly in the case of the concentration of chair and executive responsibilities.

Download or read book The Evolution of Corporate Disclosure written by Alessandro Ghio and published by Springer Nature. This book was released on 2020-04-02 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a critical analysis of the evolution of corporate disclosure. Building upon prior academic literature, it assesses the most important changes in mandatory corporate disclosure, the growing relevance of social and environmental disclosure, and revolutionary new forms of corporate communication, in particular social media. It also includes empirical analyses that shed further light on the impact of voluntary communication, i.e. social and environmental reporting and corporate social media communication, on managerial and investment decisions. Lastly, it discusses new directions for accounting and corporate governance research on the theoretical and empirical challenges of corporate disclosure. Offering a wealth of relevant and timely advice, the book will help regulators design policies that allow businesses to overcome current and emerging economic, social, and technological challenges.

Download or read book Corporate Governance Factors Influencing Voluntary Disclosure by Publicly Traded Canadian Firms written by Bruce J. (Bruce Joseph) McConomy and published by . This book was released on 2001 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Voluntary Disclosure Practices of Corporate Governance and Operating and Financial Review OFR Information written by Hafiz-Majdi Ab. Rashid and published by . This book was released on 1996 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Corporate Governance Mechanisms and Voluntary Disclosure of Strategic and Forward Looking Information in Annual Reports written by Norziana Lokman and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategic and forward looking information (VDSFLI) is important to the stakeholders of the company because it provide strategic plan and future direction of the company. This study aims to examine the relationship between corporate governance mechanisms and VDSFLI. The VDSFLI is measured by using a disclosure index checklist of 36 items. For each item a score is awarded based on the disclosure made by the companies in annual reports. All data is collected from the annual reports of 230 public listed Malaysian companies. The findings of the study revealed that size of audit committee is positively and significantly influence the level of VDSFLI. While the other corporate governance mechanisms are not associated with the level of VDSFLI. The study provides evidence in support of the size of audit committee requirement of Regulatory Framework in Malaysia. This evidence contributes to the argument on the role of audit committee in reducing agency conflict and minimise information asymmetry problem which results in high level of VDSFLI. In addition, the bigger the size of audit committee the better because it would provide positive signal that company has in place an effective governance mechanism as a check and balance which encourage voluntary disclosure practices. It also provides direction to the preparers of the annual report to fully disclose the information voluntarily. This study bridges the gap in the literature of corporate governance by specifically focuses on VDSFLI practices in Malaysia context.

Download or read book Corporate Governance Product Related Voluntary Disclosure and Analysts Forecasts Properties written by Luminita Enache and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a sample of US biotech firms, this paper examines the joint impact of product-related voluntary disclosure and corporate governance on a firms' information environment, specifically on analysts forecast accuracy, dispersion, precision of public and private information. Moreover, we investigate whether voluntary disclosure was consistently disclosed over time. Our findings, shows that the quality of corporate governance affects information transparency and play a role in reducing the uncertainty associated with future firms' performance by increasing the precision of analysts' common information and forecast accuracy, only when voluntary disclosure is constant over time. Analysts forecast dispersion decreases when more independent directors sit on the board. Voluntary disclosure and corporate governance quality are two mechanisms that act as complement to improve the quality of information available to financial analysts.

Download or read book The Impact of Corporate Governance and Firm Characteristics on the Voluntary Disclosure of Corporate Social Responsibility Information written by Mui Ching Chan and published by . This book was released on 2010 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this study is to investigate the relationship between voluntary disclosure of corporate social responsibility (CSR) information and six firm characteristics, namely: corporate governance; firm size; industry profile; shareholder power; creditor power; and economic performance. The sample companies selected for this study were taken from the top 300 companies traded on the Australian Stock Exchange (ASX) in the year 2004. The Horwath 2005 Corporate Governance Report, which ranks the top 250 Australian companies, was used to proxy for the quality of a companys corporate governance. From an initial sample of 300 annual reports, a final sample of 222 annual reports was obtained after excluding 65 companies for which no corporate governance rating was available and a further 13 companies for a variety of reasons as outlined in chapter 4. The voluntary disclosure of CSR information by Australian companies is analysed using a model developed from two theories. The first is legitimacy theory, which explains the role of legitimacy pressure in determining the voluntary disclosure of CSR information. The second is stakeholder theory, which explains the important role played by stakeholders in determining the voluntary disclosure of CSR information. Using a model based on both these theories should provide a rich understanding of the company characteristics likely to be associated with the voluntary disclosure of CSR information. Multivariate analysis is used to analyse the relationship between various firm characteristics and the amount of voluntary disclosure of CSR information by Australian companies. The three legitimacy pressure variables examined (corporate governance, industry profile and size) were all found to be positively associated with the amount of voluntary disclosure of CSR information by Australian companies. However, no significant association was found between the three stakeholder power variables examined (shareholder power, creditor power and economic performance) and the amount of voluntary disclosure of CSR information. These results suggest, therefore, that legitimacy theory better explains the voluntary disclosure of CSR information by Australian companies, than does stakeholder theory. It is hoped that the findings from this study will contribute to the literature concerning the relationship between various firm characteristics and the voluntary disclosure of CSR information in Australian company reports and, as such, will be of interest to a number of parties, such as: researchers; investors; politicians; and regulators. For example, politicians are currently paying a great deal of attention to {607}global warming and {607}climate change and are in the process of developing carbon emissions trading schemes for Australian companies. The findings from this study should provide useful information to policy makers involved in developing such legislation. Finally, this research study has implications for regulators because it shows that legitimacy pressure and good corporate governance have a strong impact on the voluntary disclosure of CSR information in the annual reports of Australian companies...

Download or read book The Statement of Corporate Governance Practices Scgp a Voluntary Disclosure and Corporate Governance Perspective written by Réal Labelle and published by . This book was released on 2009 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate governance has recently given rise to concern and public debate in Canada and on the international scene. Reaction in Canada has focused on extending the regulation of corporate disclosure with regard to corporate governance. Following the recommendation of the Dey Report, companies are now required by the TSE to provide a Statement of Corporate Governance Practices (SCGP). The need for regulation to influence corporate governance structure and disclosure is often challenged in the literature.This study contributes to the debate by providing empirical evidence to regulators on the incentives for some corporations to engage in better quality SCGP than others. The existing voluntary disclosure and corporate governance literatures are used to develop hypotheses about explanatory variables. The CICA's published ratings for 1996 and 1997 of firms' SCGP serve as benchmarks for disclosure quality, the dependant variable.Except for size and, to a lesser extent, ownership structure, we did not find consistent and significant relations between the SCGP quality and firm performance or other corporate governance variables such as the proportion of unrelated director, the CEO's plurality of offices and the level of financing activity. Thus, our study falls short of providing a basis for further regulatory action in the area of corporate governance disclosure.

Download or read book Corporate Board Governance and Voluntary Disclosure of Executive Compensation Practices written by Indrarini Laksmana and published by . This book was released on 2009 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines how corporate boards respond to investor demands for information on executive compensation practices and whether certain board and compensation committee characteristics, as proxies for board governance quality, are associated with the extent of board disclosure of compensation practices. A unique feature of this study is the development of a comprehensive checklist of 23 compensation-related items. I validate this index by showing that the disclosure scores are inversely related to two measures of information asymmetry: bid-ask spread and return volatility. This provides evidence that greater compensation disclosure reduces information asymmetry. The study presents some evidence that boards with the power to act independently from management provide more details about executive compensation practices. Moreover, it contributes to the literature on corporate governance and disclosure by showing that greater commitment of directors to perform their duties results in greater transparency.

Download or read book Corporate Competitive Strategy and Voluntary Disclosure written by Jidong Zhang and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relation between the motivation of voluntary disclosure and the characters of companies is important research topic in accounting research and strategy research. The paper investigates the samples from Chinese capital market during 2004-2006 and concludes some empirical results to verify and support the strategy theory that pre-literatures had document through the analysis of game theory. The findings are that there is no significant relationship between industry competitive information voluntary disclosure and corporate governance and there is no significant relationship between industry competitive information voluntary disclosure and earning quality. As the analysis of strategy theory, there is significant relationship between industry competitive information voluntary disclosure and corporate competitive strategy which integrates with the status of market competitive where the corporate locates. If the corporate locates in growth period of Product Life Cycle (PLC), it is more possible to disclose industry competitive information and this motivation is obvious. The findings provide the empirical evidence of strategy competitive theory. These also implicate that voluntary disclosure is related to the disclosure content, not to corporate characters such as governance and earning quality.

Download or read book Non financial Disclosure and Integrated Reporting written by Lino Cinquini and published by Springer Nature. This book was released on 2022-02-18 with total page 477 pages. Available in PDF, EPUB and Kindle. Book excerpt: The increasingly crucial role of companies’ non-financial disclosure (NFD) and integrated reporting (IR) has led to a lively debate among academics, practitioners, and regulators on the approaches, framework, contents, principles, and standards that should oversee these forms of reporting. Through several expert contributions, conducted both with qualitative and quantitative methodologies, this book provides an up-to-date portrait of the debate by exploring corporate NFD either in its mandated contents or voluntary information. Contributing authors provide studies that encompass the different lines of NFD, namely non-financial risk reporting, sustainability reporting, and intellectual capital reporting, as well as the integration of financial and non-financial information through IR, the assurance of the NFD and IR through auditing activities, and the role of management and CFOs in NFD and IR.

Download or read book Corporate Governance and Voluntary Disclosure Practices of Financial Non Financial Sector Companies in Bangladesh written by Anup Kumar Saha and published by . This book was released on 2014 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the relationship between voluntary disclosure and several attributes of corporate governance using data from the annual reports of companies listed on the Dhaka Stock Exchange (DSE) in 2011. The results obtained show statistically significant differences in levels of voluntary disclosure among listed companies in Bangladesh and show that companies in the financial sector disclose more voluntary information than non-financial companies. Findings from this analysis indicate a negative association between voluntary disclosure and percentage of equity owned by insiders. By contrast, firm size and profitability show significant positive relationship with voluntary disclosure. However, this study also shows that voluntary disclosure has no significant relationship with the percentage of equity held by institutions, board size, board audit committee and percentage of independent directors on the board of directors.

Download or read book Corporate Governance and Organisational Performance written by Naeem Tabassum and published by Springer Nature. This book was released on 2020-06-28 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: Establishing a corporate governance strategy that promotes the efficient use of organisational resources is instrumental in the economic growth of a country, as well as the successful management of firms. This book reviews existing literature and identifies board structural features as key variables of an effective corporate governance system, establishing a multi-theoretical model that links Board structural characteristics with firm performance. It then, using a comprehensive empirical study of 265 companies listed on the Karachi Stock exchange, tests this conceptual model. This research serves as a significant milestone, reflecting the socio-economic setting of emerging economies, and highlighting the need for the corporate sector in emerging markets to move away from a 'tick-box' culture. It argues that the sector needs to implement corporate governance as a tool to mitigate business risks; appoint and empower non-executive directors to achieve an effective monitoring of management; and establish their own ethical and governance principles, applicable to the Board of Directors. Based on an extensive data base, collected painstakingly over five years, this book offers new insights and conceptual framework for further research in this area. Given the breadth and width of the research, it is a useful source of future reference for students, researchers and policy makers.