Corporate governance and operational risk disclosure: evidence from shariah-compliant companies in Malaysia / Nurhafiza Mohammad … [et al.]
This study aimed to examine the level of operational risk disclosure among Shariah-compliant companies in Malaysia. The relationship between corporate governance characteristics and operational risk disclosure was also examined by focusing on board characteristics, i.e. independent directors, audit...
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my.uitm.ir.565132022-03-10T08:36:32Z https://ir.uitm.edu.my/id/eprint/56513/ Corporate governance and operational risk disclosure: evidence from shariah-compliant companies in Malaysia / Nurhafiza Mohammad … [et al.] Mohammad, Nurhafiza Ismail, Rina Fadhilah Zainon, Saunah Mohd Abdul Kadir, Juliana Investment, capital formation, speculation This study aimed to examine the level of operational risk disclosure among Shariah-compliant companies in Malaysia. The relationship between corporate governance characteristics and operational risk disclosure was also examined by focusing on board characteristics, i.e. independent directors, audit committee meetings, Muslim directors, women directors and education levels of the directors. The sample comprised of 285 Shariah-compliant companies listed in the ACE Market of Bursa Malaysia for the financial years 2014 to 2018. The study used content analysis to assess operational risk disclosure. The information disclosure was scored using an adapted disclosure index. Findings revealed that the disclosure of operational risk information in Shariah-compliant companies was at a moderate level, specifically not more than sixty per cent. More importantly, the analysis showed a positive significant relationship between a woman director and operational risk disclosure. However, a negative significant relationship was found between Muslim directors and operational risk disclosure. Other independent variables were found to have no relationship with the operational risk disclosure. The findings may provide future researchers and regulators with references for assessing the level of operational risk disclosure among public listed companies in Malaysia and are expected to deliver some improvement in examining other characteristics to strengthen the governance practices in Malaysia. Universiti Teknologi MARA 2021-12 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/56513/1/56513.pdf ID56513 Mohammad, Nurhafiza and Ismail, Rina Fadhilah and Zainon, Saunah and Mohd Abdul Kadir, Juliana (2021) Corporate governance and operational risk disclosure: evidence from shariah-compliant companies in Malaysia / Nurhafiza Mohammad … [et al.]. Asia-Pacific Management Accounting Journal (APMAJ), 16 (3): 23. pp. 31-53. ISSN 2550-1631 https://apmaj.uitm.edu.my/ |
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Investment, capital formation, speculation Mohammad, Nurhafiza Ismail, Rina Fadhilah Zainon, Saunah Mohd Abdul Kadir, Juliana Corporate governance and operational risk disclosure: evidence from shariah-compliant companies in Malaysia / Nurhafiza Mohammad … [et al.] |
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This study aimed to examine the level of operational risk disclosure among Shariah-compliant companies in Malaysia. The relationship between corporate governance characteristics and operational risk disclosure was also examined by focusing on board characteristics, i.e. independent directors, audit committee meetings, Muslim directors, women directors and education levels of the directors. The sample comprised of 285 Shariah-compliant companies listed in the ACE Market of Bursa Malaysia for the financial years 2014 to 2018. The study used content analysis to assess operational risk disclosure. The information disclosure was scored using an adapted disclosure index. Findings revealed that the disclosure of operational risk information in Shariah-compliant companies was at a moderate level, specifically not more than sixty per cent. More importantly, the analysis showed a positive significant relationship between a woman director and operational risk disclosure. However, a negative significant relationship was found between Muslim directors and operational risk disclosure. Other independent variables were found to have no relationship with the operational risk disclosure. The findings may provide future researchers and regulators with references for assessing the level of operational risk disclosure among public listed companies in Malaysia and are expected to deliver some improvement in examining other characteristics to strengthen the governance practices in Malaysia. |
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Article |
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Mohammad, Nurhafiza Ismail, Rina Fadhilah Zainon, Saunah Mohd Abdul Kadir, Juliana |
author_facet |
Mohammad, Nurhafiza Ismail, Rina Fadhilah Zainon, Saunah Mohd Abdul Kadir, Juliana |
author_sort |
Mohammad, Nurhafiza |
title |
Corporate governance and operational risk disclosure: evidence from shariah-compliant companies in Malaysia / Nurhafiza Mohammad … [et al.] |
title_short |
Corporate governance and operational risk disclosure: evidence from shariah-compliant companies in Malaysia / Nurhafiza Mohammad … [et al.] |
title_full |
Corporate governance and operational risk disclosure: evidence from shariah-compliant companies in Malaysia / Nurhafiza Mohammad … [et al.] |
title_fullStr |
Corporate governance and operational risk disclosure: evidence from shariah-compliant companies in Malaysia / Nurhafiza Mohammad … [et al.] |
title_full_unstemmed |
Corporate governance and operational risk disclosure: evidence from shariah-compliant companies in Malaysia / Nurhafiza Mohammad … [et al.] |
title_sort |
corporate governance and operational risk disclosure: evidence from shariah-compliant companies in malaysia / nurhafiza mohammad … [et al.] |
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Universiti Teknologi MARA |
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2021 |
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https://ir.uitm.edu.my/id/eprint/56513/1/56513.pdf https://ir.uitm.edu.my/id/eprint/56513/ https://apmaj.uitm.edu.my/ |
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