Corporate Boards, Audit Committees and Voluntary Disclosure: A Case Analysis on Bangladeshi Listed Companies

Abstract

The study tries to find the interaction of corporate disclosure and governance within the organization, focused stakeholders, and shareholders representation with internal information in the board. The paper investigates seven governance variables as the willful release of information proxy concentrated on organizational structure and functioning. Multiple regression has been performed to identify the explanatory power of the variables. The results are very much similar and consistent with the understanding that both internal and external control exist simultaneously to affect the shareholders' control to restrict each other. The results suggest that the size of the board does not affect the external control of voluntary disclosure. This paper can help to exhibit the relationship between proper and transparent corporate governance and required disclosure to reduce agency conflicts. This paper focused on the existing companies listed in the stock exchanges to identify and develop model to improve the agency setting. The paper should be interesting for the regulators, stakeholders, and practitioners to construct consistent policies with calls for more disclosure requirements in this agency setting.

Capital Market Efficiency and Economic Growth: Evidence from Bangladesh

“…Strong corporate governance practices, overseen by boards, enhance the confidence of investors. Ethical conduct and adherence to corporate governance principles contribute to a positive perception in the market (Ahmed, 2021b). Transparent and well-governed companies are likely to be perceived positively by investors, contributing to accurate stock pricing and a more efficient capital market.…”

Corporate Governance Characteristics and Financial Reporting Disclosures of Listed Industrial Goods Firms in Nigeria

“…A review of literature provided inconclusive findings on the interaction between corporate governance mechanisms on financial reporting disclosure. Remarkably, most of the recently published research regarding CG and financial reporting disclosure has focused primarily on U.S. and UK companies and other developing countries (see: Biaek-Jaworska & Matusiewicz, 2015;Alqahtani, 2019;Asmar, et al, 2018;Ahmed, 2021). Notwithstanding all the work done, substantial empirical evidence is still lacking in Nigeria context and the many inconclusive and varying results leave the question of the association between CG attributes and financial reporting disclosures unanswered.…”

Comparative Analysis of the Factors Influencing Listed Firm’s Performance: A Case of Dar Es Salaam Stock Exchange (Dse) and Nairobi Securities Exchange (Nse)

“…Identifying an appropriate board size that affects its ability to function effectively has been a matter of continuing debate (Ma'aji, et al, 2021). Some scholars have been in favor of smaller boards suggesting that larger boards face problems of co-ordination and free riding (Arora & Sharma 2016;Kao et al, 2019;Süsi & Lukason, 2019;Norman, & Haron, 2020;Huang et al, 2020;Ahmed, 2021;Dissanayake, et al, 2021;Juhmani, 2020;Ford, & Ihrke, (2020). However other scholars supported larger boards on the ground that they would provide greater monitoring and advice (Karim et al, 2019;Nasih et al, 2019).…”