Audit Committee Effectiveness And Sustainability Disclosure Of FTSE4GOOD Bursa Malaysia Indexed Companies
This study examines the relationship between the audit committee’s attributes and sustainability disclosure of companies listed in FTSE4Good Bursa Malaysia Index (FTSE4G). The index consists of top 200 Malaysian stocks in the FTSE Bursa Malaysia EMAS Index, screened in accordance with the transpa...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
2020
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| Subjects: | |
| Online Access: | http://eprints.unisza.edu.my/7586/1/FH02-FPP-20-49939.pdf http://eprints.unisza.edu.my/7586/ |
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| Summary: | This study examines the relationship between the audit committee’s attributes and
sustainability disclosure of companies listed in FTSE4Good Bursa Malaysia Index (FTSE4G).
The index consists of top 200 Malaysian stocks in the FTSE Bursa Malaysia EMAS Index,
screened in accordance with the transparent and defined environmental, social and governance
criteria, that designed to identify Malaysian companies with recognised corporate
responsibility practices. Using the resource dependency theory, the study provides empirical
evidence on the significant contributions of audit committee’s 1) independence, 2) gender
diversity, and 3) diligence, towards the level of sustainability disclosure in eighteen (18)
FTSE4G companies. The results reveal that audit committee’s independence and diligence have
significant and positive impact on the level of sustainability disclosure, while audit committee’s
gender diversity, has no impact. Insights gained from the study are useful for industrial
practitioners and scholars of related fields. |
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