The Impact of Governance and Ownership Structure on Disclosure Patterns Transcending Major Regulatory Change in Malaysia
The purpose of this study is to investigate the extent of voluntary disclosures between 2006 and 2009 that transcends major regulatory and governance changes in Malaysia and to assess the association between strength of corporate governance structure, and ownership structure on the extent of volunta...
| Main Authors: | , |
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| Format: | Journal Article |
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Virtus Interpress
2014
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| Online Access: | http://hdl.handle.net/20.500.11937/62294 |
| _version_ | 1848760824717377536 |
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| author | Ho, Poh-Ling Taylor, Grantley |
| author_facet | Ho, Poh-Ling Taylor, Grantley |
| author_sort | Ho, Poh-Ling |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | The purpose of this study is to investigate the extent of voluntary disclosures between 2006 and 2009 that transcends major regulatory and governance changes in Malaysia and to assess the association between strength of corporate governance structure, and ownership structure on the extent of voluntary disclosures of Malaysian listed firms over that period. The average level of voluntary disclosure within the annual reports of sample firms increased over the two periods. Further, the extent of voluntary disclosure is significantly positively associated with strength of corporate governance structure in both 2006 and 2009. Firms with concentrated ownership structure are associated with more extensive voluntary disclosures. These findings highlight the importance of an effective governance regime and concentrated ownership structure in reducing information asymmetry and agency costs and thereby enhancing the level of voluntary disclosures. These findings also have practical implications for policy-makers, analysts, auditors and regulators in Malaysia as well as East Asian countries. |
| first_indexed | 2025-11-14T10:21:55Z |
| format | Journal Article |
| id | curtin-20.500.11937-62294 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T10:21:55Z |
| publishDate | 2014 |
| publisher | Virtus Interpress |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-622942018-02-01T05:22:52Z The Impact of Governance and Ownership Structure on Disclosure Patterns Transcending Major Regulatory Change in Malaysia Ho, Poh-Ling Taylor, Grantley The purpose of this study is to investigate the extent of voluntary disclosures between 2006 and 2009 that transcends major regulatory and governance changes in Malaysia and to assess the association between strength of corporate governance structure, and ownership structure on the extent of voluntary disclosures of Malaysian listed firms over that period. The average level of voluntary disclosure within the annual reports of sample firms increased over the two periods. Further, the extent of voluntary disclosure is significantly positively associated with strength of corporate governance structure in both 2006 and 2009. Firms with concentrated ownership structure are associated with more extensive voluntary disclosures. These findings highlight the importance of an effective governance regime and concentrated ownership structure in reducing information asymmetry and agency costs and thereby enhancing the level of voluntary disclosures. These findings also have practical implications for policy-makers, analysts, auditors and regulators in Malaysia as well as East Asian countries. 2014 Journal Article http://hdl.handle.net/20.500.11937/62294 Virtus Interpress restricted |
| spellingShingle | Ho, Poh-Ling Taylor, Grantley The Impact of Governance and Ownership Structure on Disclosure Patterns Transcending Major Regulatory Change in Malaysia |
| title | The Impact of Governance and Ownership Structure on Disclosure Patterns Transcending Major Regulatory Change in Malaysia |
| title_full | The Impact of Governance and Ownership Structure on Disclosure Patterns Transcending Major Regulatory Change in Malaysia |
| title_fullStr | The Impact of Governance and Ownership Structure on Disclosure Patterns Transcending Major Regulatory Change in Malaysia |
| title_full_unstemmed | The Impact of Governance and Ownership Structure on Disclosure Patterns Transcending Major Regulatory Change in Malaysia |
| title_short | The Impact of Governance and Ownership Structure on Disclosure Patterns Transcending Major Regulatory Change in Malaysia |
| title_sort | impact of governance and ownership structure on disclosure patterns transcending major regulatory change in malaysia |
| url | http://hdl.handle.net/20.500.11937/62294 |