Determinants and level of corporate sustainability disclosure on employees in Malaysia

The purpose of this study is to examine the level of employee disclosure and factors that determine such disclosure. The study covers a six year period of 2010 to 2015 of 253 companies in Malaysia. This study employs two-step system generalized method of moment (GMM) for analysis. The findings revea...

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Main Authors: Ozigi, Obeitoh, Mohd Said, Ridzwana, Mat Daud, Zaidi
Format: Article
Language:English
Published: IJECM Pub UK 2017
Online Access:http://psasir.upm.edu.my/id/eprint/61415/
http://psasir.upm.edu.my/id/eprint/61415/1/Determinants%20and%20level%20of%20corporate%20sustainability%20disclosure%20on%20employees%20in%20Malaysia.pdf
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author Ozigi, Obeitoh
Mohd Said, Ridzwana
Mat Daud, Zaidi
author_facet Ozigi, Obeitoh
Mohd Said, Ridzwana
Mat Daud, Zaidi
author_sort Ozigi, Obeitoh
building UPM Institutional Repository
collection Online Access
description The purpose of this study is to examine the level of employee disclosure and factors that determine such disclosure. The study covers a six year period of 2010 to 2015 of 253 companies in Malaysia. This study employs two-step system generalized method of moment (GMM) for analysis. The findings reveal a low level of corporate sustainability disclosure on employee in Malaysia which is consistent with previous studies. The findings reveal that company size and age are strong determinants of employee disclosure which are consistent with previous studies; multiple directorships appear to be insignificant with employee disclosure. The study establishes the need for government involvement to enhance disclosure as voluntary disclosure appears to be inadequate to achieve the desired result as evidence shows that countries where disclosure is compulsory have high disclosure compare to countries with voluntary disclosure. This underscores the need for Malaysian Stock Exchange to come up with corporate sustainability disclosure guidelines on employees.
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spelling upm-614152018-10-09T06:26:30Z http://psasir.upm.edu.my/id/eprint/61415/ Determinants and level of corporate sustainability disclosure on employees in Malaysia Ozigi, Obeitoh Mohd Said, Ridzwana Mat Daud, Zaidi The purpose of this study is to examine the level of employee disclosure and factors that determine such disclosure. The study covers a six year period of 2010 to 2015 of 253 companies in Malaysia. This study employs two-step system generalized method of moment (GMM) for analysis. The findings reveal a low level of corporate sustainability disclosure on employee in Malaysia which is consistent with previous studies. The findings reveal that company size and age are strong determinants of employee disclosure which are consistent with previous studies; multiple directorships appear to be insignificant with employee disclosure. The study establishes the need for government involvement to enhance disclosure as voluntary disclosure appears to be inadequate to achieve the desired result as evidence shows that countries where disclosure is compulsory have high disclosure compare to countries with voluntary disclosure. This underscores the need for Malaysian Stock Exchange to come up with corporate sustainability disclosure guidelines on employees. IJECM Pub UK 2017-12 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/61415/1/Determinants%20and%20level%20of%20corporate%20sustainability%20disclosure%20on%20employees%20in%20Malaysia.pdf Ozigi, Obeitoh and Mohd Said, Ridzwana and Mat Daud, Zaidi (2017) Determinants and level of corporate sustainability disclosure on employees in Malaysia. International Journal of Economics, Commerce and Management, 5 (12). 218 - 235. ISSN 2348-0386 http://ijecm.co.uk/volume-v-issue-12/
spellingShingle Ozigi, Obeitoh
Mohd Said, Ridzwana
Mat Daud, Zaidi
Determinants and level of corporate sustainability disclosure on employees in Malaysia
title Determinants and level of corporate sustainability disclosure on employees in Malaysia
title_full Determinants and level of corporate sustainability disclosure on employees in Malaysia
title_fullStr Determinants and level of corporate sustainability disclosure on employees in Malaysia
title_full_unstemmed Determinants and level of corporate sustainability disclosure on employees in Malaysia
title_short Determinants and level of corporate sustainability disclosure on employees in Malaysia
title_sort determinants and level of corporate sustainability disclosure on employees in malaysia
url http://psasir.upm.edu.my/id/eprint/61415/
http://psasir.upm.edu.my/id/eprint/61415/
http://psasir.upm.edu.my/id/eprint/61415/1/Determinants%20and%20level%20of%20corporate%20sustainability%20disclosure%20on%20employees%20in%20Malaysia.pdf