Firm size, board of directors’ quality, managerial ownership and level of voluntary disclosure in Thailand

Chobpichien, Jakkravudhi; Hasnah, Hasnah; Ibrahim, Daing Nasir; Hartadi, Bambang

doi:10.22495/cocv5i3c1p3

Cited by 4 publications

(2 citation statements)

References 74 publications

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“…This result is inconsistent with the theoretical perspectives (e.g., agency theory, resource dependence theory, stakeholder theory) and researchers' arguments (Allegrini and Greco, 2013;Jensen, 1993;Ruigrok et al, 2006;Vafeas, 1999) and hypothesis developed. The result also contradicts prior empirical evidence (Beekes and Brown, 2006;Cerbioni and Parbonetti, 2007;Chobpichien, 2008;Laksmana, 2008;O'Sullivan et al, 2008;Uzun et al, 2004). However, this finding is consistent with Allegrini and Greco (2013) who found an insignificant relationship between nomination and compensation committee independence and voluntary disclosure.…”

Section: Descriptive Statisticscontrasting

confidence: 56%

“…Similarly, Chobpichien (2008) investigated whether the board quality dimensions and ownership structure impact the voluntary disclosure in the annual reports of 317 non-financial listed companies in Thailand. One dimension of board quality is the quality of leadership structure of remuneration committee (measured by the committee's chairman is an independent director) and the quality of the composition of remuneration committee (measured by the majority of nonexecutive directors on the committee).…”

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 99%

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The relationship between board committees and corporate risk disclosure in Saudi listed companies

al.¹

2019

Int. j. adv. appl. sci.

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Corporate governance literature acknowledges the important role of the existence and structure of the standing board committees, such as the audit, nomination, and compensation committees, in enhancing board effectiveness and thus corporate disclosure. Previous empirical studies on the relationship between corporate governance mechanisms and corporate risk disclosure (CRD) practices have mostly focused on board characteristics as key drivers of CRD. However, less attention has been paid to the potential role of board subcommittees on the level of CRD. To the best of the researchers' knowledge, no prior research has examined the relationship between board committees and the level of CRD. Therefore, this study investigates the association between the existence and structure of board committees, such as the audit, nomination, and compensation committees and the level of CRD in Saudi listed companies. The study employs ordinary least squares and panel data analyses of the annual reports of Saudi listed companies for the years 2008-2011. The results show a positive influence of the presence and size of the nomination and compensation committee and meeting frequency of audit committee on CRD. However, no evidence on the impact of audit committee size, nomination and compensation committee independence, and meeting frequency. The current study contributes to filling the gap in the literature by investigating the role of further aspects of corporate governance on CRD. This study confirms the adoption of a coherent theoretical framework using a combination of disclosure theories to better explain the phenomenon of CRD and its determinants in Saudi Arabia. The study has important implications including provide vital input to policy makers, regulatory authorities, and practitioners in Saudi capital market and GCC markets and other emerging markets to improve CRD practices, optimize the structure of board committees, and enhance corporate governance effectiveness.

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Section: Descriptive Statisticscontrasting

confidence: 56%

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 99%

The relationship between board committees and corporate risk disclosure in Saudi listed companies

al.¹

2019

Int. j. adv. appl. sci.

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Determinants of loan loss provisions of commercial banks in Malaysia

Isa

Choong

Fie

et al. 2018

JFRA

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Purpose This paper aims to derive determinants of loan loss provisions (LLPs) of commercial banks in Malaysia. Design/methodology/approach A single-stage panel data analysis multiple regression model that contains a mixture of quantitative and qualitative elements is used. The LLPs is a dependent variable or regressor, and non-performing loan (NPL), interest income, net profit, loans and advances and gross domestic product (GDP) are the independent variables or regressor/explanatory variables. The moderating variable is “credit risk management” (CRM) and the intervening variable is “relevance and faithful representation”. Findings This paper suggests in LLPs, NPLs, interest income, loans and advances, net profit and GDP, as well as the moderating effect of CRM and the intervening effect of relevance and faithful representation, are determinants of the LLPs. The moderating variable CRM strengthens the relationship between the independent variables and the dependent variable. The intervening variable “relevance and faithful representation” brings about a more accurate reporting on the levels of the LLPs. Practical implications The association of the factors is investigated further to detect possible effect of multicollinearity and research to better understand how banks manage their risk as the current investigation is limited to banks in Malaysia. Social implications Loan loss provisioning issues of commercial banks in Malaysia are challenges for both regulators and the banking industry owing to the implementation of several new measures, the convergence with internationally accepted accounting standards and differences in loan grading and applications of different loan loss provisioning standards. Because of these challenges, Bank Negara Malaysia (the Central Bank of Malaysia) has tightened its supervision of commercial banks to ensure that banks are sufficiently and adequately provisioned. The banking sector plays a significant role, and it is important that it is resilient in the face of potential sources of systemic risk. And, like in other major ASEAN economies, the Malaysian’s financial system remains largely bank-dominated. Originality/value This study discovers whether Malaysian banks are sufficiently provisioned for the regional financial integration under the ASEAN Capital Markets Forum (ACMF) by the end of 2015, where several initiates have been initiated, including the harmonization of standards to encourage greater intra-regional investment flows and transactions and continued provisions of the much needed funds by the region’s private sectors.

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The Effect of Credit Committee Characteristics on Bank Asset Quality in Nigeria

Karaye

Ahmad‐Zaluki

Badru

2022

FMIR

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This study aims to evaluate the effect of credit committee characteristics on bank asset quality in Nigeria. The paper examines the credit committee characteristics namely: credit committee independence, credit committee non-executive directors, credit committee size, credit committee meetings, credit committee gender, credit committee expertise, credit committee chair-gender, credit committee chair-independence and chief executive officer in credit committee, and their influence on non-performing loans. Descriptive research design is used on a sample consisting of 18 commercial banks in Nigeria. Secondary data is obtained from the published annual reports covering thirteen (13) years period (2006-2018). Data analysis involved Correlation Coefficient, Multiple Regression Analysis and Dynamic Panel Model estimations using Generalize Method of Moments. The study finds that credit committee independence and credit committee size have a significant negative relation while credit committee gender, credit committee meetings, credit committee chair-independence, and presence of chief executive officer in credit committee have a significant positive relation with non-performing loans. The study therefore recommends that, policymakers and bank executives in Nigeria should concentrate their efforts on the characteristics of credit committee as a whole, rather than on a few elements that have been scientifically demonstrated to have an impact on bank asset quality. This may likely enhance the quality of bank assets.

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Firm size, board of directors’ quality, managerial ownership and level of voluntary disclosure in Thailand

Cited by 4 publications

References 74 publications

The relationship between board committees and corporate risk disclosure in Saudi listed companies

The relationship between board committees and corporate risk disclosure in Saudi listed companies

Determinants of loan loss provisions of commercial banks in Malaysia

The Effect of Credit Committee Characteristics on Bank Asset Quality in Nigeria

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