阿拉伯联合酋长国公司治理、组织权力和信息披露

Q4 Economics, Econometrics and Finance

International Journal of Accounting, Auditing and Performance Evaluation Pub Date : 2015-09-03 DOI:10.1504/ijaape.2015.071573

M. Hassan

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引用次数: 2

摘要

本研究考察了阿拉伯联合酋长国公司治理机制与公司披露之间的关系。基于代理理论和组织权力文献的假设被开发并在迪拜和阿布扎比证券交易所上市的85家公司进行了测试。为了对实证结果进行更丰富的分析，本研究还对两个子样本(46家金融企业和39家非金融企业)进行了多元回归检验。总体而言，研究结果表明，公司信息披露程度与董事会委员会数量、债务融资、公司规模和公司盈利能力呈正相关，与CEO权力呈负相关。本研究的发现引导政策制定者关注以下问题的重要性:董事会的组成、董事会的最佳规模、管理董事会成员所需的知识类型，以及重新审视阿联酋公司的外资所有权水平。

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Corporate governance, organisational power and disclosure by firms in the United Arab Emirates

This study examines the association between corporate governance mechanisms and corporate disclosure in the United Arab Emirates (UAE). Hypotheses based on agency theory and organisational power literature are developed and tested on 85 firms listed in Dubai and Abu Dhabi stock exchanges. The study also runs multiple regression tests on two sub-samples (46 financial firms and 39 non-financial firms) in order to provide a richer analysis for the empirical findings. Overall, the results show that the extent of firms' disclosure is positively associated with the number of board committees, debt finance, firm size and firm profitability, while it is negatively related to CEO power. This study's findings direct policymakers attention to the importance of: the composition of the board, the optimal size of the board, governing the type of knowledge required for board members, and revisiting the level of foreign ownership in UAE firms.

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来源期刊

International Journal of Accounting, Auditing and Performance Evaluation Economics, Econometrics and Finance-Finance

CiteScore

0.70

自引率

0.00%

发文量

期刊介绍： IJAAPE publishes original scholarly papers across the whole spectrum of: financial accounting, managerial accounting, accounting education, auditing, taxation, public sector accounting, capital market and accounting, accounting information systems, performance evaluation, corporate governance, ethics, and financial management. All methodologies, such as analytical, empirical, behavioural, surveys, and case studies are welcome. IJAAPE encourages contributions especially from emerging markets and economies in transition and studies whose results are applicable across nation states or capable of being adapted to the different accounting and business environments.