The influences of Risk Management Committee and Audit Committee towards voluntary risk management disclosure
The main objective of this study is to examine the influences of committees that are being appointed to manage risk towards voluntary risk management disclosure (VRMD) among non-financial companies in Malaysia. Non-financial companies will usually appoint either Risk Management Committee (RMC) o...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2017
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| Online Access: | http://journalarticle.ukm.my/20756/1/16582-65502-1-PB.pdf |
| _version_ | 1796933310569512960 |
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| author | Maizatulakma Abdullah, Zaleha Abdul Shukor, Mohd Mohid Rahmat, |
| author_facet | Maizatulakma Abdullah, Zaleha Abdul Shukor, Mohd Mohid Rahmat, |
| author_sort | Maizatulakma Abdullah, |
| collection | UKM |
| description | The main objective of this study is to examine the influences of committees that are being appointed to manage risk
towards voluntary risk management disclosure (VRMD) among non-financial companies in Malaysia. Non-financial
companies will usually appoint either Risk Management Committee (RMC) or Audit Committee (AC) to manage their
risks. Based on resource dependence theory, this study contends that the committees provide risk management resources
particularly in terms of risk management information that could influence the VRMD. All data of VRMD, RMC and AC were
collected from companies’ annual reports by using content analysis method. The sample in this study consisted of 395
non-financial companies which were listed on Bursa Malaysia in 2011. Our multiple regression results show that RMC
presence and AC activeness increase VRMD. Our findings provide evidence that the establishment of RMC could increase
the risk management disclosure among companies in Malaysia. |
| first_indexed | 2024-03-06T04:45:16Z |
| format | Article |
| id | ukm.eprints-20756 |
| institution | Universiti Kebangsaan Malaysia |
| language | English |
| last_indexed | 2024-03-06T04:45:16Z |
| publishDate | 2017 |
| publisher | Penerbit Universiti Kebangsaan Malaysia |
| record_format | dspace |
| spelling | ukm.eprints-207562022-12-14T07:52:52Z http://journalarticle.ukm.my/20756/ The influences of Risk Management Committee and Audit Committee towards voluntary risk management disclosure Maizatulakma Abdullah, Zaleha Abdul Shukor, Mohd Mohid Rahmat, The main objective of this study is to examine the influences of committees that are being appointed to manage risk towards voluntary risk management disclosure (VRMD) among non-financial companies in Malaysia. Non-financial companies will usually appoint either Risk Management Committee (RMC) or Audit Committee (AC) to manage their risks. Based on resource dependence theory, this study contends that the committees provide risk management resources particularly in terms of risk management information that could influence the VRMD. All data of VRMD, RMC and AC were collected from companies’ annual reports by using content analysis method. The sample in this study consisted of 395 non-financial companies which were listed on Bursa Malaysia in 2011. Our multiple regression results show that RMC presence and AC activeness increase VRMD. Our findings provide evidence that the establishment of RMC could increase the risk management disclosure among companies in Malaysia. Penerbit Universiti Kebangsaan Malaysia 2017 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/20756/1/16582-65502-1-PB.pdf Maizatulakma Abdullah, and Zaleha Abdul Shukor, and Mohd Mohid Rahmat, (2017) The influences of Risk Management Committee and Audit Committee towards voluntary risk management disclosure. Jurnal Pengurusan, 50 . pp. 83-95. ISSN 0127-2713 https://ejournal.ukm.my/pengurusan/issue/view/1026 |
| spellingShingle | Maizatulakma Abdullah, Zaleha Abdul Shukor, Mohd Mohid Rahmat, The influences of Risk Management Committee and Audit Committee towards voluntary risk management disclosure |
| title | The influences of Risk Management Committee and Audit Committee towards voluntary risk management disclosure |
| title_full | The influences of Risk Management Committee and Audit Committee towards voluntary risk management disclosure |
| title_fullStr | The influences of Risk Management Committee and Audit Committee towards voluntary risk management disclosure |
| title_full_unstemmed | The influences of Risk Management Committee and Audit Committee towards voluntary risk management disclosure |
| title_short | The influences of Risk Management Committee and Audit Committee towards voluntary risk management disclosure |
| title_sort | influences of risk management committee and audit committee towards voluntary risk management disclosure |
| url | http://journalarticle.ukm.my/20756/1/16582-65502-1-PB.pdf |
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