Asian Journal of Finance & Accounting · 2012 · Vol 4, Iss 1, pp. 1-24

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

Sheila Nu Nu Htay · Hafiz-Majdi Ab Rashid · Mohammed Akhyar Adnan · Ahamed Kameel Mydin Meera

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.

Journal article. Asian Journal of Finance & Accounting, 4(1), pp. 1-24, 2012

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Also published as

  • Conference paper. IIUM International Accounting Conference V (INTAC V), pp. 1-17, 2011 Record

Keywords: social and environmental reporting, bank, corporate governance, generalized least square, panel data, agency theory, Malaysia

This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.

Cite this paper

APA
Htay, S.N.N., Rashid, H.A., Adnan, M.A., & Meera, A.K.M. (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), 1–24.
Chicago
Htay, S.N.N., Hafiz-Majdi Ab Rashid, Mohammed Akhyar Adnan, and Ahamed Kameel Mydin Meera. 2012. "Impact of corporate governance on social and environmental information disclosure of Malaysian listed banks: panel data analysis." Asian Journal of Finance & Accounting 4, no. 1: 1–24.
BibTeX
@article{meera2012impact,
  author   = {Sheila Nu Nu Htay and Hafiz-Majdi Ab Rashid and Mohammed Akhyar Adnan and Ahamed Kameel Mydin Meera},
  title    = {Impact of corporate governance on social and environmental information disclosure of Malaysian listed banks: panel data analysis},
  journal  = {Asian Journal of Finance & Accounting},
  year     = {2012},
  volume   = {4},
  number   = {1},
  pages    = {1--24},
  url      = {https://ahamedkameel.com/papers/impact-of-corporate-governance-on-social-and-environmental-information-disclosure-of-malaysian-listed-banks-panel-data-analysis/},
}
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