DocumentCode
2576474
Title
Notice of Retraction
Ownership structure, management culture and risk reporting practices in Malaysia
Author
Arshad, Rabia ; Sallah, S.A.M. ; Ismail, R.F.
Author_Institution
Accounting Res. Inst. (ARI), UiTM, Shah Alam, Malaysia
fYear
2012
fDate
21-22 May 2012
Firstpage
619
Lastpage
623
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Disclosure of risk management strategies provide useful information to investors and other stakeholders in evaluating management´s effectiveness in dealing with business uncertainties and opportunities. Using the annual reports of 242 Malaysian listed companies, this study investigates the influence of ownership structure and management culture on risk reporting practices in 2008 and 2010. Quantity of risk disclosure is measured based on word count while quality of information disclosed is based on the timeliness and forward looking qualitative characteristics. Results of this study provide evidence that government ownership and management culture promote transparency and quality of risk information disclosed in annual reports. In contrast, there is no significant influence of family ownership on the quantity and quality of risk disclosures. These results indicate that different ownership groups affect managers´ disclosure incentives differently. In addition, these results also provide compelling evidence of important links between management culture and prom- tion of transparency and quality of information disclosed even in agency setting characterized by concentrated ownership structure.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Disclosure of risk management strategies provide useful information to investors and other stakeholders in evaluating management´s effectiveness in dealing with business uncertainties and opportunities. Using the annual reports of 242 Malaysian listed companies, this study investigates the influence of ownership structure and management culture on risk reporting practices in 2008 and 2010. Quantity of risk disclosure is measured based on word count while quality of information disclosed is based on the timeliness and forward looking qualitative characteristics. Results of this study provide evidence that government ownership and management culture promote transparency and quality of risk information disclosed in annual reports. In contrast, there is no significant influence of family ownership on the quantity and quality of risk disclosures. These results indicate that different ownership groups affect managers´ disclosure incentives differently. In addition, these results also provide compelling evidence of important links between management culture and prom- tion of transparency and quality of information disclosed even in agency setting characterized by concentrated ownership structure.
Keywords
information management; organisational aspects; risk management; Malaysian listed companies; agency setting; annual reports; business opportunity; business uncertainty; forward looking qualitative characteristics; information quality; information transparency; management culture; management effectiveness; ownership structure; risk disclosure; risk management strategy; risk reporting practice; timeliness characteristics; word count; Asia; Conferences; Technological innovation; Management Culture; Ownership Structure; Risks Reporting;
fLanguage
English
Publisher
ieee
Conference_Titel
Innovation Management and Technology Research (ICIMTR), 2012 International Conference on
Conference_Location
Malacca
Print_ISBN
978-1-4673-0655-3
Type
conf
DOI
10.1109/ICIMTR.2012.6236470
Filename
6236470
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