Disclosure of AGM Minutes on Corporate Website: An Assessment of Malaysian Listed Companies
Disclosure of annual general meeting (AGM) minutes on the corporate website is considered as additional disclosure. Consequently, Listing Requirements states compulsory disclosure of corporate information. In this regard, the awareness of compulsory disclosure of information among all Malaysian list...
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| Format: | Article |
| Language: | English |
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UUM Press
2020
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| Online Access: | https://repo.uum.edu.my/id/eprint/29224/1/IJBF%2015%2002%202020%201-24.pdf |
| _version_ | 1825805945641369600 |
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| author | Mohd Ariffin, Mohd Shazwan Wan Hussin, Wan Nordin Abdul Malak, Siti Seri Delima |
| author_facet | Mohd Ariffin, Mohd Shazwan Wan Hussin, Wan Nordin Abdul Malak, Siti Seri Delima |
| author_sort | Mohd Ariffin, Mohd Shazwan |
| collection | UUM |
| description | Disclosure of annual general meeting (AGM) minutes on the corporate website is considered as additional disclosure. Consequently, Listing Requirements states compulsory disclosure of corporate information. In this regard, the awareness of compulsory disclosure of information among all Malaysian listed companies in 2017 was below expectations. Despite the role of AGM minutes as documented proof of meeting, the management had been reluctant to disclose AGM minutes on the corporate website unless demanded by the shareholders. This paper focuses on previous mandatory disclosure of discussions on key matters after AGM minutes among 261 listed companies based on the financial year ended December 31, 2016. The findings indicated that shareholder activism and the role of grey directors exerted influence on the disclosure of AGM minutes on the corporate website. Undoubtedly, management and investors have contributed toward voluntary disclosure in line with the government's role to enhance shareholder rights. Besides, grey directors contribution towards information disclosure has remained relatively unexplored. |
| first_indexed | 2024-07-04T06:40:32Z |
| format | Article |
| id | uum-29224 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:40:32Z |
| publishDate | 2020 |
| publisher | UUM Press |
| record_format | eprints |
| spelling | uum-292242023-03-05T08:46:16Z https://repo.uum.edu.my/id/eprint/29224/ Disclosure of AGM Minutes on Corporate Website: An Assessment of Malaysian Listed Companies Mohd Ariffin, Mohd Shazwan Wan Hussin, Wan Nordin Abdul Malak, Siti Seri Delima HF Commerce Disclosure of annual general meeting (AGM) minutes on the corporate website is considered as additional disclosure. Consequently, Listing Requirements states compulsory disclosure of corporate information. In this regard, the awareness of compulsory disclosure of information among all Malaysian listed companies in 2017 was below expectations. Despite the role of AGM minutes as documented proof of meeting, the management had been reluctant to disclose AGM minutes on the corporate website unless demanded by the shareholders. This paper focuses on previous mandatory disclosure of discussions on key matters after AGM minutes among 261 listed companies based on the financial year ended December 31, 2016. The findings indicated that shareholder activism and the role of grey directors exerted influence on the disclosure of AGM minutes on the corporate website. Undoubtedly, management and investors have contributed toward voluntary disclosure in line with the government's role to enhance shareholder rights. Besides, grey directors contribution towards information disclosure has remained relatively unexplored. UUM Press 2020 Article PeerReviewed application/pdf en cc4_by https://repo.uum.edu.my/id/eprint/29224/1/IJBF%2015%2002%202020%201-24.pdf Mohd Ariffin, Mohd Shazwan and Wan Hussin, Wan Nordin and Abdul Malak, Siti Seri Delima (2020) Disclosure of AGM Minutes on Corporate Website: An Assessment of Malaysian Listed Companies. International Journal of Banking and Finance (IJBF), 15 (2). pp. 1-24. ISSN 2590-423X https://doi.org/10.32890/ijbf2020.15.2.1 |
| spellingShingle | HF Commerce Mohd Ariffin, Mohd Shazwan Wan Hussin, Wan Nordin Abdul Malak, Siti Seri Delima Disclosure of AGM Minutes on Corporate Website: An Assessment of Malaysian Listed Companies |
| title | Disclosure of AGM Minutes on Corporate Website: An Assessment of Malaysian Listed Companies |
| title_full | Disclosure of AGM Minutes on Corporate Website: An Assessment of Malaysian Listed Companies |
| title_fullStr | Disclosure of AGM Minutes on Corporate Website: An Assessment of Malaysian Listed Companies |
| title_full_unstemmed | Disclosure of AGM Minutes on Corporate Website: An Assessment of Malaysian Listed Companies |
| title_short | Disclosure of AGM Minutes on Corporate Website: An Assessment of Malaysian Listed Companies |
| title_sort | disclosure of agm minutes on corporate website an assessment of malaysian listed companies |
| topic | HF Commerce |
| url | https://repo.uum.edu.my/id/eprint/29224/1/IJBF%2015%2002%202020%201-24.pdf |
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