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Risk Management Committee and Disclosure of Hedging Activities Information among Malaysian Listed Companies

Author

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  • Abdullah, Azrul Bin

    (Universiti Teknologi MARA, Perlis Branch, Arau Campus)

  • Ismail, Ku Nor Izah Ku
  • Isa, Norshamshina Mat

Abstract

This paper examines the relationship between Risk Management Committee (RMC) characteristics and the extent of hedging activities disclosure within the annual reports of the Malaysian listed companies. In particular, relationships are tested on RMC size, independence, RMC meeting, RMC gender diversity and RMC training. Our regression analysis shows that RMC independence significantly and negatively influences the extent of hedging activities information disclosure, while RMC meeting positively influences the disclosure. The implications of these findings are discussed.

Suggested Citation

  • Abdullah, Azrul Bin & Ismail, Ku Nor Izah Ku & Isa, Norshamshina Mat, 2018. "Risk Management Committee and Disclosure of Hedging Activities Information among Malaysian Listed Companies," SocArXiv qfw5j, Center for Open Science.
    • Handle: RePEc:osf:socarx:qfw5j
    DOI: 10.31219/osf.io/qfw5j
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    References listed on IDEAS

    as
    1. Abdullah, Azrul & Ku Ismail, Ku Nor Izah, 2005. "Disclosure of Voluntary Accounting Ratios by Malaysian Listed Companies," MPRA Paper 66534, University Library of Munich, Germany, revised 2007.
    2. Azrul Bin Abdullah & Ku Nor Izah Ku Ismail, 2008. "Disclosure of Voluntary Accounting Ratios by Malaysian Listed Companies," Journal of Financial Reporting and Accounting, Emerald Group Publishing Limited, vol. 6(1), pages 1-20, January.
    3. repec:eme:arapps:v:16:y:2008:i:1:p:56-73 is not listed on IDEAS
    4. Lopes, Patricia Teixeira & Rodrigues, Lucia Lima, 2007. "Accounting for financial instruments: An analysis of the determinants of disclosure in the Portuguese stock exchange," The International Journal of Accounting, Elsevier, vol. 42(1), pages 25-56.
    5. Tuan-Hock Ng, 2013. "Is the risk management committee only a procedural compliance?," Journal of Risk Finance, Emerald Group Publishing, vol. 14(1), pages 71-86, February.
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    7. Matthew Bamber & Kevin McMeeking, 2010. "An examination of voluntary financial instruments disclosures in excess of mandatory requirements by UK FTSE 100 non‐financial firms," Journal of Applied Accounting Research, Emerald Group Publishing Limited, vol. 11(2), pages 133-153, September.
    8. Ljiljana Erakovic & Sanjay Goel, 2008. "Board-Management Relationships: Resources and Internal Dynamics," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 19(1+2), pages 53-69.
    9. Jacqueline Birt & Michaela Rankin & Chen L. Song, 2013. "Derivatives use and financial instrument disclosure in the extractives industry," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 53(1), pages 55-83, March.
    10. Abdullah, Azrul & Ku Ismail, Ku Nor Izah & Mat Isa, Norshamshina, 2015. "Risk Management Committee and Disclosure of Hedging Activities Information among Malaysian Listed Companies," MPRA Paper 77962, University Library of Munich, Germany.
    11. Beretta, Sergio & Bozzolan, Saverio, 2004. "A framework for the analysis of firm risk communication," The International Journal of Accounting, Elsevier, vol. 39(3), pages 265-288.
    12. Ljiljana Erakovic & Sanjay Goel, 2008. "Board-Management Relationships: Resources and Internal Dynamics," management revue. Socio-economic Studies, Rainer Hampp Verlag, vol. 19(1+2), pages 53-69.
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