Do effective audit committees, gender-diverse boards, and corruption controls influence the voluntary disclosures of Asian banks? The moderating role of directors’ experience
The study investigates whether effective audit committees, gender-diverse boards, and corruption controls affect the level of voluntary disclosures of Asian banks. Further, we analyze whether directors’ experience moderates the impact of audit committee independence, audit committee meetings, board...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2022-12-01
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| Series: | Cogent Business & Management |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2022.2135205 |
| _version_ | 1797990012663365632 |
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| author | Muhammad Arsalan Hashmi Abdullah Rayenda Khresna Brahmana Talat Ansari Muhammad Amin Hasan |
| author_facet | Muhammad Arsalan Hashmi Abdullah Rayenda Khresna Brahmana Talat Ansari Muhammad Amin Hasan |
| author_sort | Muhammad Arsalan Hashmi |
| collection | DOAJ |
| description | The study investigates whether effective audit committees, gender-diverse boards, and corruption controls affect the level of voluntary disclosures of Asian banks. Further, we analyze whether directors’ experience moderates the impact of audit committee independence, audit committee meetings, board gender diversity, and corruption controls on voluntary disclosures. We use data for commercial banks operating in six Asian countries, i.e., China, India, Pakistan, Malaysia, Hong Kong, and Singapore. For empirical analysis, we apply several robust statistical techniques. We find that commercial banks with effective audit committees, gender-diverse boards, and corruption controls tend to disclose less information voluntarily as they perceive limited benefits from optional disclosures. Further, we find unique evidence that directors’ experience significantly moderates the impact of audit committee independence, audit committee meetings, board gender diversity, and corruption controls on voluntary disclosures of Asian banks. Our unique findings are consistent with the proprietary cost theory. Further, our results indicate that commercial banks operating in countries that maintain rule of law, regulatory quality, and government effectiveness tend to disclose less information voluntarily. |
| first_indexed | 2024-04-11T08:29:41Z |
| format | Article |
| id | doaj.art-1b8fc2beae664828bde19a9102a56f18 |
| institution | Directory Open Access Journal |
| issn | 2331-1975 |
| language | English |
| last_indexed | 2024-04-11T08:29:41Z |
| publishDate | 2022-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Business & Management |
| spelling | doaj.art-1b8fc2beae664828bde19a9102a56f182022-12-22T04:34:34ZengTaylor & Francis GroupCogent Business & Management2331-19752022-12-019110.1080/23311975.2022.2135205Do effective audit committees, gender-diverse boards, and corruption controls influence the voluntary disclosures of Asian banks? The moderating role of directors’ experienceMuhammad Arsalan Hashmi0Abdullah1Rayenda Khresna Brahmana2Talat Ansari3Muhammad Amin Hasan4Institute of Business and Health Management, Dow University of Health Sciences, PakistanCollege of Management Sciences, Karachi Institute of Economics & Technology, PakistanCollege of Business Administration, University of Bahrain, Sakhir, BahrainPakistan Defence Officers Housing AuthorityCollege of Management Sciences, Karachi Institute of Economics & Technology, PakistanThe study investigates whether effective audit committees, gender-diverse boards, and corruption controls affect the level of voluntary disclosures of Asian banks. Further, we analyze whether directors’ experience moderates the impact of audit committee independence, audit committee meetings, board gender diversity, and corruption controls on voluntary disclosures. We use data for commercial banks operating in six Asian countries, i.e., China, India, Pakistan, Malaysia, Hong Kong, and Singapore. For empirical analysis, we apply several robust statistical techniques. We find that commercial banks with effective audit committees, gender-diverse boards, and corruption controls tend to disclose less information voluntarily as they perceive limited benefits from optional disclosures. Further, we find unique evidence that directors’ experience significantly moderates the impact of audit committee independence, audit committee meetings, board gender diversity, and corruption controls on voluntary disclosures of Asian banks. Our unique findings are consistent with the proprietary cost theory. Further, our results indicate that commercial banks operating in countries that maintain rule of law, regulatory quality, and government effectiveness tend to disclose less information voluntarily.https://www.tandfonline.com/doi/10.1080/23311975.2022.2135205Audit committee independenceaudit committee meetingsboard gender diversitydirectors’ experiencecorruption controlsvoluntary disclosures |
| spellingShingle | Muhammad Arsalan Hashmi Abdullah Rayenda Khresna Brahmana Talat Ansari Muhammad Amin Hasan Do effective audit committees, gender-diverse boards, and corruption controls influence the voluntary disclosures of Asian banks? The moderating role of directors’ experience Cogent Business & Management Audit committee independence audit committee meetings board gender diversity directors’ experience corruption controls voluntary disclosures |
| title | Do effective audit committees, gender-diverse boards, and corruption controls influence the voluntary disclosures of Asian banks? The moderating role of directors’ experience |
| title_full | Do effective audit committees, gender-diverse boards, and corruption controls influence the voluntary disclosures of Asian banks? The moderating role of directors’ experience |
| title_fullStr | Do effective audit committees, gender-diverse boards, and corruption controls influence the voluntary disclosures of Asian banks? The moderating role of directors’ experience |
| title_full_unstemmed | Do effective audit committees, gender-diverse boards, and corruption controls influence the voluntary disclosures of Asian banks? The moderating role of directors’ experience |
| title_short | Do effective audit committees, gender-diverse boards, and corruption controls influence the voluntary disclosures of Asian banks? The moderating role of directors’ experience |
| title_sort | do effective audit committees gender diverse boards and corruption controls influence the voluntary disclosures of asian banks the moderating role of directors experience |
| topic | Audit committee independence audit committee meetings board gender diversity directors’ experience corruption controls voluntary disclosures |
| url | https://www.tandfonline.com/doi/10.1080/23311975.2022.2135205 |
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