Managerial Entrenchment and Information Production

2019 ◽  
Vol 55 (8) ◽  
pp. 2500-2529
Author(s):  
Chen Lin ◽  
Lai Wei ◽  
Wensi Xie
Keyword(s):  
Information Production ◽  
Corporate Disclosure ◽  
Information Asymmetries ◽  
Managerial Entrenchment ◽  
Corporate Information

In this article, we evaluate the effect of managerial entrenchment on corporate information production using the voting outcomes of shareholder-initiated proposals intended to mitigate managerial entrenchment. We focus on the proposals that are passed or rejected by a small margin of votes, which generate plausibly exogenous variations in managerial entrenchment. We find that a reduction in managerial entrenchment enhances corporate information production. The effects are stronger for firms with greater information asymmetries and severer agency frictions. Overall, the evidence is consistent with the view that reducing managerial entrenchment enhances corporate disclosure by aligning the incentives of managers and shareholders.

scholarly journals Social Media Phenomena in Corporate Disclosure Practise (A case study of Nestlé)

2020 ◽  
Vol 19 (1) ◽  
pp. 51
Author(s):  
Chleitosia Violen Dentya Paradisa Naibaho ◽  
Chleitosia Visien Dentya Paradisa Naibaho ◽  
Arthik Davianti
Keyword(s):  
Social Media ◽  
Southeast Asia ◽  
Corporate Disclosure ◽  
Gender Education ◽  
Social Media Platforms ◽  
Twitter Account ◽  
Use Of Social Media ◽  
Parent Companies ◽  
Corporate Information

<p class="Imar-Abstract"><em>The use of social media among companies to disclose and disseminate corporate information is rocketing. This study examined to what extent companies use social media platforms, especially Twitter. It identified the disclosure of Multinational Companies (MNCs) in Southeast Asia, particularly Indonesia. The study analyzed Nestlé as it operates in more than half of the countries in Southeast Asia, including Indonesia. The data was based on Nestlé Twitter accounts, both parent and the subsidiary, which is collected from the beginning of the year to December 31st, 2019. This study utilized a descriptive qualitative method using content analysis in the form of a case study to analyze the information shared and disclosed by this consumer goods company. The results showed that Nestlé uses Twitter for disclosing information that covers environmental, branding, health, gender, education, and others. It is found that Nestlé parent company disclosed more data than its subsidiary in Indonesia, and content shared by Nestlé Indonesia is quite different because of cultural differences. Indonesia’s subsidiary followed the pattern of information disseminated by their parent companies on its Twitter account. Overall, the results indicated that Twitter is rarely used in Southeast Asia for many disclosure purposes, either financial or non-financial information.</em></p>

scholarly journals Comparative Analysis on Corporate Disclosure Practices of Listed Companies in ASEAN-5 after the Adoption of the Renewal Regional Disclosure Standards

2019 ◽  
Vol 26 (01) ◽  
pp. 21
Author(s):  
Nunthapin Chantachaimongkol ◽  
Shuwen Chen
Keyword(s):  
Comparative Analysis ◽  
Economic Integration ◽  
Financial Information ◽  
Corporate Disclosure ◽  
Strategic Information ◽  
Test Analysis ◽  
The Public ◽  
Increasing Trend ◽  
Further Development ◽  
Corporate Information

This study aims to assess and compare the extent of corporate disclosure of the countries that have already implemented the renewal ASEAN disclosure standards with the countries that have not implemented yet. The empirical result indicates that overall picture of corporate disclosure in the ASEAN is in a good progression, with an increasing trend. Then, an independent t-test analysis addresses that the renewal ASEAN disclosure standards could have an effect on the level of corporate disclosure, especially in terms of non-financial and strategic information. But, it has no impacts on financial information. Therefore, it can be concluded that the regional disclosure standards might be one of the supportive factors for enforcing businesses to disclose more corporate information to the public. With this finding, it could alert regional regulators by providing the weaknesses of the current activities related to economic integration and guiding the direction for further development.

Disclosure of Corporate Information

1966 ◽  
Vol 22 (4) ◽  
pp. 19-22
Author(s):  
David Ferber
Keyword(s):  
Corporate Information

Religious Education and the Delegitimation of Knowledge

2008 ◽  
Vol 25 (2) ◽  
pp. 83-99
Author(s):  
Seyed Mahdi Sajjadi
Keyword(s):  
Information Technology ◽  
Religious Education ◽  
Information Production

The velocity of information production has increased at all levels, including the global. These expansions lead to the delegitimation of knowledge by equating information with knowledge or the predominance of information over knowledge. Given that this situation has caused epistemological challenges for the process of religious education, this article attempts to study the epistemological problems and challenges posed by information technology (IT) in this area.

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