Corporate Governance and Disclosure  Practices in Listed Information  Technology (IT) Companies in India

Mutyala, Subramanyam; Dasaraju, Himachalam

doi:10.4236/ojacct.2014.34011

Cited by 9 publications

(6 citation statements)

References 8 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Siagian et al (2013) in one of their studies reported the companies implemented better CG, had higher scores. Subramanyam & Dasaraju (2014) also supported the theoretical argument that the CG disclosure improve corporate financial performance (CFP).…”

Section: Introductionsupporting

confidence: 64%

Does Corporate Social Responsibility Shape the Relationship between Corporate Governance and Financial Performance?

Suteja

Gunardi

Auristi

2017

IJSAM

View full text Add to dashboard Cite

Abstract:The correlation between theoretical and empirical of corporate governance (CG) and corporate financial performance (CFP) is not there without controversy. This paper aims to determine the moderating effects of corporate social responsibility (CSR), on the relationship between corporate governance and corporate financial performance. The sample of this research are banking companies that are listed on Indonesia Stock Exchange between the period of 2010-2014, taken by using purposive sampling method. Moderated Regression Analysis (MRA) analysis was used in this study. The results of this study indicate that corporate governance affects the company's financial performance positively. Aspects of corporate governance such as audit committees and number of board meetings have a positive relationship with financial performance, but there is no relationship from the aspect of independent board of commissioners. Furthermore, CSR can only strengthen the positive relationship between the number of board of commissioners' meetings and the financial performance of the company. The frequency intensity of board of commissioners' meetings can increasingly address corporate governance reforms by improving and realizing social responsibility as part of sustainability innovation by optimizing media and CSR reporting methods.

show abstract

Section: Introductionsupporting

confidence: 64%

Does Corporate Social Responsibility Shape the Relationship between Corporate Governance and Financial Performance?

Suteja

Gunardi

Auristi

2017

IJSAM

View full text Add to dashboard Cite

show abstract

“…Past studies (Abraham and Cox, 2007; Oliveira et al , 2011; Ntim et al , 2013, Elshandidy and Neri, 2015) have identified variables that can affect corporate risk disclosure. This study draws from this the corporate governance (Nandi and Ghosh, 2013; Subramanyam and Dasaraju, 2014; Madhani, 2015), the voluntary disclosure (Chau and Gray, 2002; Akhtaruddin et al , 2009; Dashti et al , 2014) and corporate social responsibility literature (Ibrahim and Angelidis, 1995; Barako and Brown, 2008; Khan et al , 2013; Majeed et al , 2015; Muttakin and Subramaniam, 2015) to identify potential drivers of corporate risk disclosure in the Indian settings. The present study centres around firm level corporate governance, quality in the form of board characteristics (i.e.…”

Section: Corporate Risk Disclosures Corporate Governance and Hypothesis Developmentmentioning

confidence: 99%

Corporate governance and risk reporting: Indian evidence

Saggar

Singh

2017

MAJ

102

136

View full text Add to dashboard Cite

Purpose This study aims to measure the extent of voluntary risk disclosure and examine the relationship between corporate governance firm level quality in the form of board characteristics and ownership concentration’s impact on risk disclosure in the annual reports of Indian listed companies. Design/methodology/approach The method adopted in this study is automated content analysis, which is applied to a sample of 100 listed Indian non-financial companies to find out the extent of risk disclosure. Further, multiple linear regressions have been applied to find out the relationship between corporate governance firm level quality in the form of board characteristics, ownership concentration and risk disclosure. Findings The findings reveal that the total number of positive risk keywords surpasses negative risk keywords disclosure. The corporate governance mainsprings, namely, board size and gender diversity have a positively significant effect on risk disclosure, whereas ownership concentration in the hands of the largest shareholder insignificantly affects risk disclosure, but identity of the largest shareholder having ownership concentration negatively affects disclosure of risk information in the case of Indian promoter body corporate, foreign promoter body corporate and non-institutions in comparison to family ownership. Research limitations/implications This study relied on a set of 39 risk keywords for measuring the extent of risk disclosure. Further, it uses a sample of 100 companies to examine the effect of corporate governance on risk disclosure at one point of time. However, a longitudinal study can help in understanding risk disclosure adopted by Indian listed companies in a better manner. Practical implications The findings have implications for regulatory bodies such as the Securities and Exchange Board of India, which needs to strengthen corporate governance norms with respect to board characteristics and keep a check on ownership concentration for improving risk disclosure by companies. Originality/value To best of the authors’ knowledge, this study is a preliminary attempt linking two research lines in India, that is, corporate risk disclosure and corporate governance quality in the form of board characteristics and ownership concentration. The study identifies corporate governance firm level qualities which lead to divulgation of risk information by the companies pointing towards strengthening of regulatory regime in the country for improved corporate governance regulations adopted by listed companies.

show abstract

“…Information on Board size, Board meetings, and Board independence were obtained from the respective chosen firm's published audited financial statements for a period of ten years. Board size is the entire number of directors on the Board (Adegbie, Akintoye, & Ashaolu, 2019;Muntaha & Haryono, 2021;Nour, Sharabati, & Hammad, 2020); Board meetings are the number of Board meetings per annum (Fahad & Rahman, 2020;Gulzar, Haque, & Khan, 2020;Muntaha & Haryono, 2021;Subramanyam & Dasaraju, 2014) and Board independence is the proportion of independent directors to entire directors (Fahad & Rahman, 2020;Mahmood, Kouser, Ali, Ahmad, & Salman, 2018;Ntim, Soobaroyen, & Broad, 2017;Owolabi & Babarinde, 2020).…”

Section: Methodsmentioning

confidence: 99%

Corporate Governance, Financial Performance, and Social Sustainability Practices of Consumer Goods Companies Listed in Nigeria

Olaoye¹,

Nwaobia²,

Oyekale³

2022

theijbm

View full text Add to dashboard Cite

IntroductionSocial sustainability practice is a contemporary issue and is internationally embraced by organizations to exhibit the significance of its existence in the society. Social sustainability practices are not the company's responsibilities, they are carried out to boost the image of corporate entities in the community where such entities run their business activities (Marquis, Glynn, & Davis, 2007;Yekini, Adelopo, Andrikopoulos, & Yekini, 2015). Social sustainability practices are broader than corporate social responsibilities such as donations and comprise obliging substantial time and other organization's possessions such as fund, competence and proficiency to communal projects and expansions, comprising and not restricted to abolition of poverty, sculptures, house project, environment safety, health and safety, well-being and general enhancements in the standards of living or worth of the life of the members of the society (Global Reporting Initiative, 2020).Previous research works reveal that the level of adherence to social sustainability practices and disclosure in developing nations, specifically Nigeria is on low lane; hence, annual financial statement fails to communicate the social sustainability practices of firms (Adegbie, Akintoye, & Taiwo, 2020;Emeka-Nwokeji & Osisioma, 2019;Sobhani, Zainuddin, & Amran, 2011). Most organizations have now redesigned their goal from meeting only the interest of shareholders to attaining the interests of all stakeholders due to development in the list of organizations that are now involving themselves in social sustainability practices and disclosing same in their periodic annual reports or a standalone sustainability report (Ceulemans, Molderez, & Van, 2015). Many countries have adopted Global Reporting Initiative (GRI) sustainability standards to guide their practices and disclosure of social sustainability practices (Adegbie, Akintoye, & Taiwo, 2020; Ceulemans, Molderez, & Van, 2015).

show abstract

Corporate Governance and Disclosure Practices in Listed Information Technology (IT) Companies in India

Cited by 9 publications

References 8 publications

Does Corporate Social Responsibility Shape the Relationship between Corporate Governance and Financial Performance?

Does Corporate Social Responsibility Shape the Relationship between Corporate Governance and Financial Performance?

Corporate governance and risk reporting: Indian evidence

Corporate Governance, Financial Performance, and Social Sustainability Practices of Consumer Goods Companies Listed in Nigeria

Contact Info

Product

Resources

About