Pub Date : 2019-04-30DOI: 10.17576/ajag-2019-11-13
S. Auzair, A. Amir, Zulaihan Ismail
The purpose of this paper is to examine the attributes of Performance Measurement Systems (PMS) of the Malaysian Small Medium Enterprises (SMEs), from an organizational life-cycle perspective. It was suggested that PMS is less comprehensive at birth stage, most comprehensive in the growth stage and decrease at the maturity stage of the life-cycle. The more comprehensive use of PMS is expected to be associated with higher organizational performance. Survey questionnaires were administered to managers yielding 90 usable responses. Using cluster analysis, SMEs were categorized into birth, growth and maturity stages. The findings support the hypotheses and thereby provide evidence on the variations of PMS attributes among SMEs across the life cycle stages. The study contributes to knowledge on internal consistencies between organizational factors at each organizational life-cycle stages that has implications for management control systems. To the practice, it provides evidence on organizational adaptations to changes in firm’s strategy and structure.
{"title":"Configuring the Performance Measurement Systems of Small Medium Enterprises from the Life Cycle Perspective","authors":"S. Auzair, A. Amir, Zulaihan Ismail","doi":"10.17576/ajag-2019-11-13","DOIUrl":"https://doi.org/10.17576/ajag-2019-11-13","url":null,"abstract":"The purpose of this paper is to examine the attributes of Performance Measurement Systems (PMS) of the Malaysian Small Medium Enterprises (SMEs), from an organizational life-cycle perspective. It was suggested that PMS is less comprehensive at birth stage, most comprehensive in the growth stage and decrease at the maturity stage of the life-cycle. The more comprehensive use of PMS is expected to be associated with higher organizational performance. Survey questionnaires were administered to managers yielding 90 usable responses. Using cluster analysis, SMEs were categorized into birth, growth and maturity stages. The findings support the hypotheses and thereby provide evidence on the variations of PMS attributes among SMEs across the life cycle stages. The study contributes to knowledge on internal consistencies between organizational factors at each organizational life-cycle stages that has implications for management control systems. To the practice, it provides evidence on organizational adaptations to changes in firm’s strategy and structure.","PeriodicalId":42796,"journal":{"name":"Asian Journal of Accounting and Governance","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46801540","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-04-30DOI: 10.17576/ajag-2019-11-06
Intan Maiza Abd. Rahman, Nurul Nazlia Jamil, K. Ismail
The objectives of this paper are: to examine the moderating effect of government ownership on the relationship between women directors and corporate social responsibility (CSR) disclosure; and to study the moderating effect of politicians on boards on the relationship between women directors and corporate social responsibility (CSR) disclosure. This paper gathered information from companies’ annual reports for the year 2013. From a sample of 300 non-financial companies listed on Bursa Malaysia, this paper found that government ownership positively moderates women directors’ effect on CSR disclosure, while politicians on boards negatively moderate the effect. Results of this study add to the literature on factors influencing women directors in their process of making decisions from the view of a developing country. As different variables of political connections affect CSR disclosure differently, companies may decide the most suitable situations to adapt to ensure the companies can perform at its best. The findings may further alert policy makers to establish special provision of the appointment on board of directors with political interest.
{"title":"Does Political Connection Moderate Women Directors’ Effect on CSR Disclosure? Evidence from Malaysia","authors":"Intan Maiza Abd. Rahman, Nurul Nazlia Jamil, K. Ismail","doi":"10.17576/ajag-2019-11-06","DOIUrl":"https://doi.org/10.17576/ajag-2019-11-06","url":null,"abstract":"The objectives of this paper are: to examine the moderating effect of government ownership on the relationship between women directors and corporate social responsibility (CSR) disclosure; and to study the moderating effect of politicians on boards on the relationship between women directors and corporate social responsibility (CSR) disclosure. This paper gathered information from companies’ annual reports for the year 2013. From a sample of 300 non-financial companies listed on Bursa Malaysia, this paper found that government ownership positively moderates women directors’ effect on CSR disclosure, while politicians on boards negatively moderate the effect. Results of this study add to the literature on factors influencing women directors in their process of making decisions from the view of a developing country. As different variables of political connections affect CSR disclosure differently, companies may decide the most suitable situations to adapt to ensure the companies can perform at its best. The findings may further alert policy makers to establish special provision of the appointment on board of directors with political interest.","PeriodicalId":42796,"journal":{"name":"Asian Journal of Accounting and Governance","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47451646","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-04-30DOI: 10.17576/ajag-2019-11-03
S. Z. Aziz, Amizawati Mohd Amir, S. Auzair
Setiap organisasi berfungsi dalam suatu rangka tadbir urus. Sebahagian daripada rangka kerja ini ditentukan oleh faktor luaran, namun beberapa aspek tadbir urus juga ditentukan oleh keperluan sistem yang berkesan untuk menguruskan aspek-aspek dalaman organisasi. Oleh itu , objektif kajian ini adalah untuk mengekplorasi mengenai prinsip tadbir urus baik di organisasi pelancongan negara (OPN), sebuah badan berkanun yang menjadi penaraju sektor pelancongan negara. Kajian ini turut melihat perkaitan antara amalan perakaunan pengurusan dengan tadbir urus baik. Data untuk kajian diperolehi menerusi soal selidik yang dihantar kepada 70 buah pusat tanggungjawab (PTJ) yang mempunyai pengurusan dan kawalan sumber. Kadar respon adalah sebanyak 90% atau sebanyak 63 soal selidik telah diisi dan dikembalikan. Hasil kajian menunjukkan bahawa faktor penglibatan, pematuhan undang-undang, ketelusan, responsif, berorientasi kesepakatan, ekuiti, kecekapan dan keberkesanan, akauntabiliti dan visi strategik diterima dan dipersetujui sebagai aspek tadbir urus baik dan amalannya telah meningkat secara signifikan disebabkan keberkesanan penggunaan amalan perakaunan pengurusan. Ini menunjukkan bahawa amalan perakaunan pengurusan memainkan peranan yang penting dalam meningkatkan tadbir urus baik. Kajian ini memberi sumbangan dari segi mempromosikan pencapaian tadbir urus baik bagi mengembalikan keyakinan masyarakat terhadap sistem pentadbiran dan pengurusan sumber terutamanya Badan-badan Berkanun Persekutuan (BBBP). Seterusnya penemuan ini diharap dapat menyumbang kepada memperkasakan penggunaan amalan perakaunan pengurusan bagi mencapai satu kombinasi tadbir urus baik dalam sistem pentadbiran awam.
{"title":"Tadbir Urus Baik dan Peranan Amalan Perakaunan Pengurusan: Tinjauan di Organisasi Pelancongan Negara","authors":"S. Z. Aziz, Amizawati Mohd Amir, S. Auzair","doi":"10.17576/ajag-2019-11-03","DOIUrl":"https://doi.org/10.17576/ajag-2019-11-03","url":null,"abstract":"Setiap organisasi berfungsi dalam suatu rangka tadbir urus. Sebahagian daripada rangka kerja ini ditentukan oleh faktor luaran, namun beberapa aspek tadbir urus juga ditentukan oleh keperluan sistem yang berkesan untuk menguruskan aspek-aspek dalaman organisasi. Oleh itu , objektif kajian ini adalah untuk mengekplorasi mengenai prinsip tadbir urus baik di organisasi pelancongan negara (OPN), sebuah badan berkanun yang menjadi penaraju sektor pelancongan negara. Kajian ini turut melihat perkaitan antara amalan perakaunan pengurusan dengan tadbir urus baik. Data untuk kajian diperolehi menerusi soal selidik yang dihantar kepada 70 buah pusat tanggungjawab (PTJ) yang mempunyai pengurusan dan kawalan sumber. Kadar respon adalah sebanyak 90% atau sebanyak 63 soal selidik telah diisi dan dikembalikan. Hasil kajian menunjukkan bahawa faktor penglibatan, pematuhan undang-undang, ketelusan, responsif, berorientasi kesepakatan, ekuiti, kecekapan dan keberkesanan, akauntabiliti dan visi strategik diterima dan dipersetujui sebagai aspek tadbir urus baik dan amalannya telah meningkat secara signifikan disebabkan keberkesanan penggunaan amalan perakaunan pengurusan. Ini menunjukkan bahawa amalan perakaunan pengurusan memainkan peranan yang penting dalam meningkatkan tadbir urus baik. Kajian ini memberi sumbangan dari segi mempromosikan pencapaian tadbir urus baik bagi mengembalikan keyakinan masyarakat terhadap sistem pentadbiran dan pengurusan sumber terutamanya Badan-badan Berkanun Persekutuan (BBBP). Seterusnya penemuan ini diharap dapat menyumbang kepada memperkasakan penggunaan amalan perakaunan pengurusan bagi mencapai satu kombinasi tadbir urus baik dalam sistem pentadbiran awam.","PeriodicalId":42796,"journal":{"name":"Asian Journal of Accounting and Governance","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41740138","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Tujuan kajian ini dijalankan adalah untuk menilai peranan keadilan interaksi sebagai pemboleh ubah pengantara dalam perhubungan di antara komunikasi tentang ganjaran berasaskan prestasi dan komitmen organisasi. Kaedah kaji selidik telah digunakan untuk mengumpul data daripada 310 pekerja di organisasi perkhidmatan pos dan kurir terbesar di Semenanjung Malaysia. Partial Least Square Structural Equation Modelling (PLS-SEM) telah digunakan dalam menganalisis data. Keputusan kajian menunjukkan dua dapatan penting: pertama, perhubungan di antara komunikasi terbuka , keadilan interaksi dan komitmen organisasi adalah signifikan. Kedua, per hubungan di antara komunikasi berahsia , keadilan interaksi dan komitmen organisasi adalah signifikan . D apatan kajian ini telah mengesahkan bahawa kesan komunikasi tentang ganjaran berasaskan prestasi ke atas komitmen organisasi adalah dipengaruhi secara tidak langsung oleh keadilan interaksi. Dapatan kajian ini juga dapat memberi gambaran yang lebih jelas kepada para pengurus bahawa komunikasi tentang pengurusan ganjaran berasaskan prestasi adalah strategi yang sangat penting perlu digunakan untuk meningkatkan komitmen pekerja terhadap organisasi. Seterusnya, kajian ini menghuraikan perbincangan, implikasi dan kesimpulan.
{"title":"Perhubungan di antara Komunikasi tentang Ganjaran Berasaskan Prestasi, Keadilan Interaksi dan Komitmen Organisasi","authors":"Mohd. Rodzik Abd. Razak, Azman Ismail, Enah Ali, Azmawaty Mohamad Nor","doi":"10.17576/ajag-2019-11-10","DOIUrl":"https://doi.org/10.17576/ajag-2019-11-10","url":null,"abstract":"Tujuan kajian ini dijalankan adalah untuk menilai peranan keadilan interaksi sebagai pemboleh ubah pengantara dalam perhubungan di antara komunikasi tentang ganjaran berasaskan prestasi dan komitmen organisasi. Kaedah kaji selidik telah digunakan untuk mengumpul data daripada 310 pekerja di organisasi perkhidmatan pos dan kurir terbesar di Semenanjung Malaysia. Partial Least Square Structural Equation Modelling (PLS-SEM) telah digunakan dalam menganalisis data. Keputusan kajian menunjukkan dua dapatan penting: pertama, perhubungan di antara komunikasi terbuka , keadilan interaksi dan komitmen organisasi adalah signifikan. Kedua, per hubungan di antara komunikasi berahsia , keadilan interaksi dan komitmen organisasi adalah signifikan . D apatan kajian ini telah mengesahkan bahawa kesan komunikasi tentang ganjaran berasaskan prestasi ke atas komitmen organisasi adalah dipengaruhi secara tidak langsung oleh keadilan interaksi. Dapatan kajian ini juga dapat memberi gambaran yang lebih jelas kepada para pengurus bahawa komunikasi tentang pengurusan ganjaran berasaskan prestasi adalah strategi yang sangat penting perlu digunakan untuk meningkatkan komitmen pekerja terhadap organisasi. Seterusnya, kajian ini menghuraikan perbincangan, implikasi dan kesimpulan.","PeriodicalId":42796,"journal":{"name":"Asian Journal of Accounting and Governance","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47911587","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-04-30DOI: 10.17576/ajag-2019-11-14
Amirul Hafiz Mohd Nasir
Piawaian ISA 701, Komunikasi Perkara Utama Audit dalam laporan juruaudit bebas, mengkehendaki juruaudit melaporkan isu-isu yang dianggap sebagai utama semasa kerja-kerja audit dilakukan. Piawaian ini efektif pada 15 Disember 2016 adalah merupakan piawaian terbaru berkaitan laporan juruaudit bebas. Kajian ini meneliti ciri-ciri pelaporan perkara utama audit selepas ISA 701 dikeluarkan dan menyelidiki bagaimana perkara utama audit dilaporkan terutamanya dalam kalangan syarikat yang mempunyai masalah usaha berterusan dan menerima laporan audit tanpa syarat dan syarikat yang menerima laporan audit bersyarat. Dengan menggunakan kaedah persampelan bertujuan kajian ini menganalisa 99 perenggan perkata utama audit daripada 46 syarikat tersenarai di Bursa Malaysia daripada tahun 2016 hingga 2018, hasil penemuan kajian menunjukkan pendedahan perkara utama audit lebih bersifat generik dengan mempunyai fokus yang hampir sama. Analisis seterusnya mendapati perbezaan ketara pendedahan perkara utama audit antara dalam kalangan syarikat yang mempunyai masalah usaha berterusan dan menerima laporan audit tanpa syarat dan syarikat yang menerima laporan audit bersyarat. Hasil kajian eksploratori ini dapat memberikan gambaran awal kepada pembuat dasar, juruaudit, pengguna penyata kewangan dan pelajar-pelajar dalam memahami ciri-ciri perkara utama audit selepas ISA 701 dikeluarkan dan melihat bagaimana perkara utama audit dilaporkan terutamanya bagi syarikat yang mempunyai masalah usaha berterusan dan menerima laporan audit tanpa syarat dan syarikat yang menerima laporan audit bersyarat.
{"title":"Laporan Audit Luaran di Malaysia: Analisis Eksploratori Perkara Utama Audit","authors":"Amirul Hafiz Mohd Nasir","doi":"10.17576/ajag-2019-11-14","DOIUrl":"https://doi.org/10.17576/ajag-2019-11-14","url":null,"abstract":"Piawaian ISA 701, Komunikasi Perkara Utama Audit dalam laporan juruaudit bebas, mengkehendaki juruaudit melaporkan isu-isu yang dianggap sebagai utama semasa kerja-kerja audit dilakukan. Piawaian ini efektif pada 15 Disember 2016 adalah merupakan piawaian terbaru berkaitan laporan juruaudit bebas. Kajian ini meneliti ciri-ciri pelaporan perkara utama audit selepas ISA 701 dikeluarkan dan menyelidiki bagaimana perkara utama audit dilaporkan terutamanya dalam kalangan syarikat yang mempunyai masalah usaha berterusan dan menerima laporan audit tanpa syarat dan syarikat yang menerima laporan audit bersyarat. Dengan menggunakan kaedah persampelan bertujuan kajian ini menganalisa 99 perenggan perkata utama audit daripada 46 syarikat tersenarai di Bursa Malaysia daripada tahun 2016 hingga 2018, hasil penemuan kajian menunjukkan pendedahan perkara utama audit lebih bersifat generik dengan mempunyai fokus yang hampir sama. Analisis seterusnya mendapati perbezaan ketara pendedahan perkara utama audit antara dalam kalangan syarikat yang mempunyai masalah usaha berterusan dan menerima laporan audit tanpa syarat dan syarikat yang menerima laporan audit bersyarat. Hasil kajian eksploratori ini dapat memberikan gambaran awal kepada pembuat dasar, juruaudit, pengguna penyata kewangan dan pelajar-pelajar dalam memahami ciri-ciri perkara utama audit selepas ISA 701 dikeluarkan dan melihat bagaimana perkara utama audit dilaporkan terutamanya bagi syarikat yang mempunyai masalah usaha berterusan dan menerima laporan audit tanpa syarat dan syarikat yang menerima laporan audit bersyarat.","PeriodicalId":42796,"journal":{"name":"Asian Journal of Accounting and Governance","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48253777","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-04-30DOI: 10.17576/ajag-2019-11-15
Hazlina Hassan, Noradiva Hamzah, N. Saleh, Amrizah Kamaludin
Effectiveness in managing knowledge asset is essential to improve the quality services and to enhance performance. The purpose of this study is to explore on how hospitals extracting the value of their knowledge assets in order to sustain and be competitive by considering leadership styles factors. The data collection was carried out by survey. Questionnaires were distributed to all top management team of private hospitals in Malaysia. From the survey, the results indicate that transformational leadership styles are significantly related to the knowledge assets element. This suggests that some hospitals might use the characteristics of transformational leadership styles such as idealized influence, inspirational motivation, intellectual stimulation and individualized consideration to enhance knowledge assets management. The findings might also assist the regulators and managers of the hospitals to formulate strategies in enhancing governance of knowledge assets.
{"title":"The Effect of Transformational Leadership Styles towards Managing Knowledge Assets","authors":"Hazlina Hassan, Noradiva Hamzah, N. Saleh, Amrizah Kamaludin","doi":"10.17576/ajag-2019-11-15","DOIUrl":"https://doi.org/10.17576/ajag-2019-11-15","url":null,"abstract":"Effectiveness in managing knowledge asset is essential to improve the quality services and to enhance performance. The purpose of this study is to explore on how hospitals extracting the value of their knowledge assets in order to sustain and be competitive by considering leadership styles factors. The data collection was carried out by survey. Questionnaires were distributed to all top management team of private hospitals in Malaysia. From the survey, the results indicate that transformational leadership styles are significantly related to the knowledge assets element. This suggests that some hospitals might use the characteristics of transformational leadership styles such as idealized influence, inspirational motivation, intellectual stimulation and individualized consideration to enhance knowledge assets management. The findings might also assist the regulators and managers of the hospitals to formulate strategies in enhancing governance of knowledge assets.","PeriodicalId":42796,"journal":{"name":"Asian Journal of Accounting and Governance","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47576863","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-04-30DOI: 10.17576/ajag-2019-11-09
Raja Rizal Iskandar Raja Hisham, Mohd Rizal Palil, Wan Mohd Nowalid, M. Ramli
Takaful industry is faced with the issue of ineffective governance practices although it continues to excel financially at a rapid growth rate. Previous studies have started to address the importance of leadership to improve the level of transparency practices in Takaful organizations. However, little is made known on how the role of Islamic leadership would fit into the equation. Hence, the current study aims to examine the relationship between Islamic leadership and transparency. From the literature, Islamic leadership was grounded by the servant leadership approach which consists of five domains, namely altruistic calling, emotional healing, wisdom, persuasive mapping, and organizational stewardship. A self-administered questionnaire was employed to collect the data from employees of licensed Takaful operators in Malaysia. 208 usable data were analyzed using SmartPLS software to test the hypotheses of the study. The findings revealed that altruistic calling and persuasive mapping were significant factors influencing transparency, and the other three variables have no significant effect towards transparency. Emotional healing was found to be the most underperforming factor that needs to be further improved by managers. In addition, this study provides discussion, implications, limitation, and suggestion for future study.
{"title":"Islamic Leadership and Transparency Practices in Takaful Organizations","authors":"Raja Rizal Iskandar Raja Hisham, Mohd Rizal Palil, Wan Mohd Nowalid, M. Ramli","doi":"10.17576/ajag-2019-11-09","DOIUrl":"https://doi.org/10.17576/ajag-2019-11-09","url":null,"abstract":"Takaful industry is faced with the issue of ineffective governance practices although it continues to excel financially at a rapid growth rate. Previous studies have started to address the importance of leadership to improve the level of transparency practices in Takaful organizations. However, little is made known on how the role of Islamic leadership would fit into the equation. Hence, the current study aims to examine the relationship between Islamic leadership and transparency. From the literature, Islamic leadership was grounded by the servant leadership approach which consists of five domains, namely altruistic calling, emotional healing, wisdom, persuasive mapping, and organizational stewardship. A self-administered questionnaire was employed to collect the data from employees of licensed Takaful operators in Malaysia. 208 usable data were analyzed using SmartPLS software to test the hypotheses of the study. The findings revealed that altruistic calling and persuasive mapping were significant factors influencing transparency, and the other three variables have no significant effect towards transparency. Emotional healing was found to be the most underperforming factor that needs to be further improved by managers. In addition, this study provides discussion, implications, limitation, and suggestion for future study.","PeriodicalId":42796,"journal":{"name":"Asian Journal of Accounting and Governance","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47348675","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-01-01DOI: 10.17576/ajag-2019-12-01)
T. Ong, B. Teh, N. Fatin, Jing Hui, Kwan
This study aims to assess the effects of corporate governance attributes consists of proportion of independent directors, non-duality of Chief Executive Officer (CEO), board size and managerial ownership on environmental disclosure quality of Malaysian public listed companies. Besides good financial returns, companies today are also expected by its stakeholders to contribute back to the society in terms of sustainability activities despite Malaysia is still in the midst of improving the corporate governance. The composition of corporate board assistances in improving corporate performance remains as an issue. Environmental improvement and contribution commonly made through environmental disclosure, however, besides complying with regulations and being voluntary in reporting on environmental, the quality of the environmental disclosure is still unclear. This study is carried out in Malaysia among companies in environmentally sensitive industry as the operations of environmentally sensitive industry are considered to be more detrimental to the environment. Data are extracted from companies’ annual reports over five years’ duration, namely year 2012 to 2016. The data collected is being analyzed using panel data analysis. The proportion of independent directors and non-duality of CEO are significant in improving the environmental disclosure quality of Malaysian listed companies.
{"title":"The Relationship between Corporate Governance Attributes and Environmental Disclosure Quality of Malaysian Public Listed Companies","authors":"T. Ong, B. Teh, N. Fatin, Jing Hui, Kwan","doi":"10.17576/ajag-2019-12-01)","DOIUrl":"https://doi.org/10.17576/ajag-2019-12-01)","url":null,"abstract":"This study aims to assess the effects of corporate governance attributes consists of proportion of independent directors, non-duality of Chief Executive Officer (CEO), board size and managerial ownership on environmental disclosure quality of Malaysian public listed companies. Besides good financial returns, companies today are also expected by its stakeholders to contribute back to the society in terms of sustainability activities despite Malaysia is still in the midst of improving the corporate governance. The composition of corporate board assistances in improving corporate performance remains as an issue. Environmental improvement and contribution commonly made through environmental disclosure, however, besides complying with regulations and being voluntary in reporting on environmental, the quality of the environmental disclosure is still unclear. This study is carried out in Malaysia among companies in environmentally sensitive industry as the operations of environmentally sensitive industry are considered to be more detrimental to the environment. Data are extracted from companies’ annual reports over five years’ duration, namely year 2012 to 2016. The data collected is being analyzed using panel data analysis. The proportion of independent directors and non-duality of CEO are significant in improving the environmental disclosure quality of Malaysian listed companies.","PeriodicalId":42796,"journal":{"name":"Asian Journal of Accounting and Governance","volume":null,"pages":null},"PeriodicalIF":0.6,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67635481","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-01-01DOI: 10.17576/ajag-2019-12-10
Quang-Huy Ngo
The purpose of this study is to investigate the antecedents and outcomes of budgetary participation. More specifically, I propose that a lack of information fosters budgetary participation. A high degree of participation allows the managers to have a favourable attitude toward budget attained and in turn, this leads to a low degree of budgetary creation slack. The questionnaire data obtained from 115 Vietnamese managers was used to test the proposed model. The results suggest that highly asymmetric information demands high participative budgeting. When participating more in the budgeting process, the managers’ attitude toward the budget attained was favourable, and in turn, this leads to the decrease of budgetary slack creation. These findings contribute to the budgeting literature in a threefold manner. First, this study supports the argument that the demand for participation is high when there is highly asymmetric information. Second, the results suggest that the managers’ attitude toward the budget attained mediates the relationship between budgetary participation and the managers’ creation of budgetary slack. Third, by using the theory of planned behaviour, this study has explained how and why a favourable attitude toward the budget attained leads to the low creation of budgetary slack.
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Pub Date : 2018-10-31DOI: 10.17576/AJAG-2018-10-03
Noor Adwa Sulaiman
This study examines the UK’s Audit Quality Review’s quality inspectors’ perceptions of attributes and drivers of audit quality. A survey questionnaire was distributed to quality inspectors with high ‘performance of the audit process’ and low ‘client service quality’ as relevant attributes for audit quality. A range of internal factors – behavioural, technical and relational – is perceived to affect audit engagements and potentially cause variation in audit quality between audits. Further, competition in the audit market and audit regulation are perceived as key contextual factors in the auditing environment affecting audit quality. Half of the quality inspectors perceived the level of audit quality in practice varies in different audit engagements. The majority highlighted the lack of challenge by the external auditors and adequacy of evidence and documentation as two key recurring issues in the inspection process. This study extends the scope of prior research by gathering perceptions of quality inspectors on a broader spectrum of attributes and drivers on audit quality that have not been previously studied in this line of research. The findings have implications for regulators and audit practitioners in monitoring and promoting audit quality in practice.
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