Corporate governance and financial information disclosure in developing coubtry

The main objective of this study is to identify the extent of corporate accounting information disclosure in an emerging economy. This study also addresses the determinants of such reporting practices with the interaction of independent board and a large audit firm. Three self-constructed checklists...

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Main Author:	Mohammadi, Massoud Alam Dad
Format:	Thesis
Language:	English
Published:	2018
Subjects:	HD28 Management Industrial Management
Online Access:	http://eprints.utm.my/id/eprint/79365/1/MassoudAlamPFM2018.pdf
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id	my-utm-ep.79365
record_format	uketd_dc
spelling	my-utm-ep.793652018-10-14T08:44:57Z Corporate governance and financial information disclosure in developing coubtry 2018 Mohammadi, Massoud Alam Dad HD28 Management. Industrial Management The main objective of this study is to identify the extent of corporate accounting information disclosure in an emerging economy. This study also addresses the determinants of such reporting practices with the interaction of independent board and a large audit firm. Three self-constructed checklists were used to measure the extent of mandatory and voluntary disclosure. The results were analyzed in total (as overall disclosure). Data were obtained from the annual report of 915 listed companies in the Iranian stock market from 2010-2015. A dynamic panel generalized method of moments (GMM) was applied to address endogeneity issue and to control for dynamic endogeneity, unobservable heterogeneity, and simultaneity. Findings revealed that the level of total mandatory disclosures by the all listed companies in Iran are high, while the level of disclosing IAS/IFRS and voluntary information by all of the listed firms are low. Furthermore, data of the overall level of disclosing information by all of the listed firms are 46.69%, suggesting a low level of compliance. The findings also reveal that financial listed firms disclosed more financial information that non-financial firms. The current study found that higher family ownership, managerial ownership, government ownership, and CEO duality are associated with decreased disclosure level. However, concentration ownership and assets in place are not related to disclosure. The interaction of independent board and the audit organization have positive effects on some independent variables that are a leading cause of increasing disclosure level. This study is important for investors, as well as provides useful insights into accounting reporting effectiveness for standard setters and other users. By providing the current status of disclosing mandatory and voluntary financial information, this study contributes to reduce the existing gap in the literature relating to emerging economies and helps to identify the need for international standards. 2018 Thesis http://eprints.utm.my/id/eprint/79365/ http://eprints.utm.my/id/eprint/79365/1/MassoudAlamPFM2018.pdf application/pdf en public phd doctoral Universiti Teknologi Malaysia, Faculty of Management Faculty of Management
institution	Universiti Teknologi Malaysia
collection	UTM Institutional Repository
language	English
topic	HD28 Management Industrial Management
spellingShingle	HD28 Management Industrial Management Mohammadi, Massoud Alam Dad Corporate governance and financial information disclosure in developing coubtry
description	The main objective of this study is to identify the extent of corporate accounting information disclosure in an emerging economy. This study also addresses the determinants of such reporting practices with the interaction of independent board and a large audit firm. Three self-constructed checklists were used to measure the extent of mandatory and voluntary disclosure. The results were analyzed in total (as overall disclosure). Data were obtained from the annual report of 915 listed companies in the Iranian stock market from 2010-2015. A dynamic panel generalized method of moments (GMM) was applied to address endogeneity issue and to control for dynamic endogeneity, unobservable heterogeneity, and simultaneity. Findings revealed that the level of total mandatory disclosures by the all listed companies in Iran are high, while the level of disclosing IAS/IFRS and voluntary information by all of the listed firms are low. Furthermore, data of the overall level of disclosing information by all of the listed firms are 46.69%, suggesting a low level of compliance. The findings also reveal that financial listed firms disclosed more financial information that non-financial firms. The current study found that higher family ownership, managerial ownership, government ownership, and CEO duality are associated with decreased disclosure level. However, concentration ownership and assets in place are not related to disclosure. The interaction of independent board and the audit organization have positive effects on some independent variables that are a leading cause of increasing disclosure level. This study is important for investors, as well as provides useful insights into accounting reporting effectiveness for standard setters and other users. By providing the current status of disclosing mandatory and voluntary financial information, this study contributes to reduce the existing gap in the literature relating to emerging economies and helps to identify the need for international standards.
format	Thesis
qualification_name	Doctor of Philosophy (PhD.)
qualification_level	Doctorate
author	Mohammadi, Massoud Alam Dad
author_facet	Mohammadi, Massoud Alam Dad
author_sort	Mohammadi, Massoud Alam Dad
title	Corporate governance and financial information disclosure in developing coubtry
title_short	Corporate governance and financial information disclosure in developing coubtry
title_full	Corporate governance and financial information disclosure in developing coubtry
title_fullStr	Corporate governance and financial information disclosure in developing coubtry
title_full_unstemmed	Corporate governance and financial information disclosure in developing coubtry
title_sort	corporate governance and financial information disclosure in developing coubtry
granting_institution	Universiti Teknologi Malaysia, Faculty of Management
granting_department	Faculty of Management
publishDate	2018
url	http://eprints.utm.my/id/eprint/79365/1/MassoudAlamPFM2018.pdf
_version_	1747818210736996352

Corporate governance and financial information disclosure in developing coubtry

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