Association between board of director characteristics and the amount of voluntary audit committee disclosures
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
International Journal of Business Governance and Ethics 1 (s 2-3):210-232 (2004)
This study empirically examines the association between certain director characteristics and the extent of voluntary audit committee disclosure in annual reports. Results suggest that Singapore's publicly traded firms are more likely to voluntarily disclose audit committee related information as: the number of board members increases; different individuals occupy the roles of CEO and board chairperson; and the proportion of independent directors serving on the board increases. Findings, however, fail to show any association between the amount of voluntary audit committee disclosure and the percentage of executive directors' ownership. Documented findings are of interest and benefit to various parties including regulators, corporate governance reformists, and corporate management. For instance, findings imply that a positive by-product of implementing major corporate governance reforms currently championed by corporate governance reformists will be an increase in audit committee disclosures. As a result, there will be less pressure on regulators to develop, introduce, and enforce mandatory audit committee disclosures that may be potentially intrusive to a firm's management.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Laura Spira (1999). Independence in Corporate Governance: The Audit Committee Role. Business Ethics 8 (4):262–273.
Anna M. Rose & Jacob M. Rose (2008). Management Attempts to Avoid Accounting Disclosure Oversight: The Effects of Trust and Knowledge on Corporate Directors' Governance Ability. [REVIEW] Journal of Business Ethics 83 (2):193 - 205.
Lori Holder-Webb, Jeffrey Cohen, Leda Nath & David Wood (2008). A Survey of Governance Disclosures Among U.S. Firms. Journal of Business Ethics 83 (3):543 - 563.
Lawrence A. Hamermesh, Preliminary Report of the American Bar Association Task Force on Corporate Responsibility.
Sandra C. Vera-Muñoz (2005). Corporate Governance Reforms: Redefined Expectations of Audit Committee Responsibilities and Effectiveness. [REVIEW] Journal of Business Ethics 62 (2):115 - 127.
Craig A. Peterson & James Philpot (2007). Women's Roles on U.S. Fortune 500 Boards: Director Expertise and Committee Memberships. [REVIEW] Journal of Business Ethics 72 (2):177 - 196.
Tracy Long (2008). Diving for Pearls: The Importance of Board Induction and Re-Induction. International Journal of Business Governance and Ethics 4 (1):40-50.
John Nowland (2008). Are East Asian Companies Benefiting From Western Board Practices? Journal of Business Ethics 79 (1/2):133 - 150.
Stephen Yan-Leung Cheung, J. Thomas Connelly & Piman Limpaphayom (2007). Determinants of Corporate Disclosure and Transparency. International Corporate Responsibility Series 3:313-342.
J.-L. W. Mitchell Der Zahvann & Greg Tower (2004). Audit Committee Features and Earnings Management: Further Evidence From Singapore. International Journal of Business Governance and Ethics 1 (s 2-3):233-258.
Sorry, there are not enough data points to plot this chart.
Added to index2009-01-28
Total downloads1 ( #608,104 of 1,699,567 )
Recent downloads (6 months)1 ( #362,609 of 1,699,567 )
How can I increase my downloads?