The Impact of Audit Committee Characteristics on Corporate Voluntary Disclosure

Madi, Hisham Kamel; Ishak, Zuaini; Manaf, Nor Aziah Abdul

doi:10.1016/j.sbspro.2014.11.106

Cited by 99 publications

(150 citation statements)

References 20 publications

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“…The evident increase in VD in this study clearly shows the impact of the LSM on disclosure practices in the country. Surprisingly, the average level of VD (65%) is high when compared with previous studies (Hossain and Hammami, 2009, Adelopo, 2011, Omar and Simon, 2011, Madi et al, 2014. The overall disclosure level is nearly 68% with a minimum score of 81 items and maximum of 114 items out of the total of 141 items of the disclosure index.…”

Section: Descriptive Statisticscontrasting

confidence: 63%

Corporate boards, ownership structures and corporate disclosures

Alnabsha

Abdou

Ntim

et al. 2018

JAAR

141

136

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Purpose: This paper investigates the effect of corporate board attributes, ownership structure and firm-level characteristics on both corporate mandatory and voluntary disclosure behaviour in annual reports of Libyan firms.Design/methodology/approach: Multivariate regression techniques are used to estimate the effect of corporate board and ownership structures on mandatory and voluntary disclosures of a sample of Libyan firms between 2006 and 2010.Findings: First, we find that board size, board composition, the frequency of board meetings and the presence of an audit committee have an impact on the level of corporate disclosure. Second, this study finds an evidence that director ownership, foreign ownership, government ownership and institutional ownership have a non-linear effect on the level of corporate disclosure. Finally, we find that firm age, liquidity, listing status, industry type and auditor type are positively associated with the level of corporate disclosure.Limitation: Future research could investigate disclosure practices using other channels of corporate disclosure, such as corporate websites. Useful insights may be offered also by future studies by conducting in-depth interviews with corporate managers, directors and owners regarding these issues.Implication: Investors may also rely on such corporate governance characteristics to shape expectations about voluntary and/or mandatory information disclosure. Originality/value: Existing disclosure studies have mainly examined governance and voluntary disclosure relationship in non-listed firms. Our study, therefore, extends, as well as contributes to the existing literature by the examining the governance-disclosure nexus relating to both mandatory and voluntary disclosures in both listed and non-listed firms.

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Section: Descriptive Statisticscontrasting

confidence: 63%

Corporate boards, ownership structures and corporate disclosures

Alnabsha

Abdou

Ntim

et al. 2018

JAAR

141

136

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show abstract

“…Accordingly, the audit committee owns a role in disclosing the firm's information, including those of IC. The result of this research corresponds those by Mondal and Gosh (2014), Madi et al (2014), Ahmed Haji (2015), Buallay (2018) who found a positive association between the audit committee and ICD. Table 5 shows that firm size affects all ICD components, meaning the larger a firm is, the more it discloses IC.…”

Section: Table 5 Panel Regressionsupporting

confidence: 90%

“…Hence, the audit committee owns a role in disclosing the firm's information, including those of IC. Madi et al (2014) and Ahmed Haji (2015) determined that there is a relation between the audit committee and ICD. Thus, the following hypotheses on the relationship between the audit committee and ICD in Indonesia are defined: H 3a : Audit committee significantly and positively affects HCD.…”

mentioning

confidence: 99%

Corporate Governance, Market Share, and Intellectual Capital Disclosure: Evidence from the Indonesian Agriculture and Mining Sectors

Hatane

Kuanda

Cornelius

et al. 2020

Jurnal Ilmiah Akuntansi dan Bisnis

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Using a sample of Indonesian agricultural and mining companies, this study aims to provide empirical evidence to prove the effects of auditor type, the board size, and audit committee on intellectual capital disclosure (ICD). The sample consisted of 18 agricultural and 28 mining companies, which were chosen using the content analysis method. The five-year observation period lasted from 2013 to 2017, resulting in 230 units of analysis. Data analysis employed a panel regression model with panel data testing. The study finds a positive impact of auditor type and audit committee on ICD as well as a negative influence of board size on ICD. The results conform to existing stakeholder and legitimacy theories. Keywords: Intellectual capital disclosure; auditor type; board size; audit committee

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“…A study indicates that the AC's size, independence, and the directorship of AC's members at multiple boards is positively related to the company reporting process and performance. However, the meeting frequencies of AC and members experience is not significantly related to the firms' value and the disclosure of reporting (Madi et al, 2014).…”

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 83%

“…Hence, the perfect mishmash of experience and skill helps AC to fulfill its responsibilities in the best way. So we can say there is a connection between AC structure and the firms' value (Madi, Ishak, & Manaf, 2014).…”

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

Impact of Audit Committee structure on firms’ value in Pakistan: Evidence from the Cement Sector

Ali¹,

Amir²

2018

JCGR

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The core tenacity of this study is to check out how the audit committee structure influence on firms’ financial value. With the help of literature, the study sets its main objective and uses penal data of 14 companies from cement sector which covers a period of 4 years from 2013 to 2016. The fixed effect approach is used to get the results of regression. The finding of the empirical outcomes is indicating that the Audit Committee structure has a substantial effect on firms’ financial value. The study used data from one sector and only from Pakistan, due to which the application of results in other sectors and the economy is not strong enough. According to superlative of our understanding, this type of research has conducted for the first time in Pakistan which contributes in the fiction of corporate governance as a showing effect of the audit committee structure on firms’ performance. This article provides helpful information to those who are affiliated with the management authorities when they design the structure of Audit committee, so they should make a good combination of audit committee elements for the better performance of the company.

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The Impact of Audit Committee Characteristics on Corporate Voluntary Disclosure

Cited by 99 publications

References 20 publications

Corporate boards, ownership structures and corporate disclosures

Corporate boards, ownership structures and corporate disclosures

Corporate Governance, Market Share, and Intellectual Capital Disclosure: Evidence from the Indonesian Agriculture and Mining Sectors

Impact of Audit Committee structure on firms’ value in Pakistan: Evidence from the Cement Sector

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