Impact of corporate governance on social and environmental information disclosure of Malaysian listed banks: panel data analysis

Htay, Sheila Nu Nu and Ab Rashid, Hafiz-Majdi and Adnan, Mohammed Akhyar and Mydin Meera, Ahamed Kameel (2012) Impact of corporate governance on social and environmental information disclosure of Malaysian listed banks: panel data analysis. Asian Journal of Finance & Accounting, 4 (1). pp. 1-24. ISSN 1946-052X

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Abstract

This study investigates the impact of corporate governance on social and environmental information disclosure of Malaysian listed banks by using a panel data analysis. The proxies for good corporate governance are board leadership structure, board composition, board size, director ownership, institutional ownership and block ownership. Social and environmental information disclosure index is developed and content analysis is conducted by cross checking between the social and environmental information disclosed in the annual reports and the disclosure index developed by the researcher. The disclosure score used in this study is weighted disclosure score after considering the opinions of accountants and financial analysts who represent preparers and users of the accounting information respectively. The findings show that smaller board size, higher percentage of independent directors (1%) on the board, higher board size (1%), higher percentage of director ownership, lower institutional and lower block ownership (5%) have higher information disclosure.

Item Type:	Article (Journal)
Additional Information:	6177/26258
Uncontrolled Keywords:	social and environmental reporting, bank, corporate governance, generalized least square, panel data, agency theory, Malaysia
Subjects:	H Social Sciences > HG Finance > HG1501 Banking
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Institute of Islamic Banking & Finance (IIiBF) Kulliyyah of Economics and Management Sciences > Department of Accounting Kulliyyah of Economics and Management Sciences > Department of Finance
Depositing User:	Dr. Sheila Nu Nu Htay
Date Deposited:	05 Nov 2012 16:04
Last Modified:	06 Nov 2012 13:32
URI:	http://irep.iium.edu.my/id/eprint/26258

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