Ownership Structure and Real Earnings Management in Nigeria : The Moderating Effect of Risk Management Committee

This study examines the extent of information about hedging activities disclosures within the annual reports of Main Market companies listed on Bursa Malaysia. The extent of hedging activities disclosures is captured through a 32-item-template, which consists of a mandatory and voluntary disclosure scores. The results of this study indicate that the extent of information on hedging activities disclosure is still insufficient among the sampled companies even though the disclosure scored is quite high. This study also examines the relationship between the existence of risk management committee (RMC), its characteristics and the extent of information on hedging activities disclosure in two separate statistical models. The regression results imply that the existence of RMC is positive but does not significantly influence the extent of information on hedging activities disclosure. However its characteristics (i.e. RMC independence and RMC meeting) have a significant influence. The findings may provide some meaningful insights to regulators, policymakers and researchers, towards the establishment of RMC as a part of the internal corporate governance mechanisms. In addition to its existence, the effectiveness of RMC also needs to be emphasised.

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Anteseden dari Pengungkapan Enterprise Risk Management pada Perusahaan yang Terdaftar di Indeks LQ45

Jurnal BAABU AL-ILMI: Ekonomi dan Perbankan Syariah ◽

10.29300/ba.v5i1.3121 ◽

2020 ◽

Vol 5 (1) ◽

pp. 90

Author(s):

Keny Prasetyo Rini ◽

Tuti Zakiyah

Keyword(s):

Risk Management ◽

Regression Analysis ◽

Firm Size ◽

Enterprise Risk Management ◽

Management Committee ◽

Positive Effects ◽

Enterprise Risk ◽

Reputation Risk ◽

Risk Management Committee ◽

Auditor Reputation

The purpose of this research is to determine te influences of independent commissioners, auditor reputation, risk management committee, leverage and firm size on enterprise risk management disclosure in index LQ45 companies listed in the 2016-2018. The samplimg method in this research is purposive sampling with 81 companies as population and 27 companies as samples. The ERM practice is measured based on ERM index, which considers the eight dimension of ERM by COSO framework. The results of simultaneous regression analysis show that the variables of independent commissioner, auditor reoutation, risk manegement committee, leverage and firm size have positif effects on the enterprise risk management disclosure. Partial testing shows that variabel of independent commissioner, risk management commite and firm size does not effect enterprise risk management disclosure. Auditor reputation and risk management committee have positive effects on enterprise risk management.

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Independent audit committee, risk management committee, and audit fees

Cogent Business & Management ◽

10.1080/23311975.2019.1707042 ◽

2019 ◽

Vol 6 (1) ◽

pp. 1707042 ◽

Cited By ~ 1

Author(s):

Dyah Ayu Larasati ◽

Melinda Cahyaning Ratri ◽

Mohammad Nasih ◽

Iman Harymawan

Keyword(s):

Risk Management ◽

Audit Committee ◽

Audit Fees ◽

Management Committee ◽

Independent Audit ◽

Risk Management Committee

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Board characteristic and corporate environmental reporting in Nigeria

Asian Journal of Accounting Research ◽

10.1108/ajar-09-2018-0030 ◽

2019 ◽

Vol 4 (1) ◽

pp. 2-17 ◽

Cited By ~ 1

Author(s):

Usman Shehu Aliyu

Keyword(s):

Risk Management ◽

Corporate Governance ◽

Significant Relationship ◽

Board Independence ◽

Environmental Reporting ◽

Management Committee ◽

Content Type ◽

Quality Reporting ◽

Corporate Environmental Reporting ◽

Risk Management Committee

Purpose The issue that revolves around corporate governance and corporate environmental reporting (CER) has always been an essential element deliberated upon globally. A good corporate governance mechanism instills an investor’s confidence and ensures a transparent process that facilitates more disclosures and quality reporting. Precisely, the purpose of this paper is to investigate the relationship between corporate governance variables, namely, board size, board independence, board meeting (BM), risk management committee composition and CER in Nigeria. This study utilized the data obtained from the annual reports of 24 non-financial public listed companies in the Nigeria Stock Exchange comprising three sectors, namely, industrial goods, natural resources and oil & gas for the period of 2011–2015. The model of this study is theoretically based on agency theory. In analyzing data, this study utilized panel data analysis. Based on the Hausman test, the random effect model was used to examine the effect of predictors on CER. The result indicates a positive significant relationship between board independence and CER. Similarly, a positive significant relationship between BM and CER is revealed in the study. However, there is no significant relationship between other hypothesis variables and CER. Finally, the study provides suggestions for future research and several recommendations for regulators, government and accounting professional bodies. Design/methodology/approach The data was analysed using statistics. Findings The result indicates a positive significant relationship between board independence and CER. Similarly, a positive significant relationship between BM and CER is revealed in the study. However, there is no significant relationship between other hypothesis variables and CER. Originality/value There are no prior studies linking risk management committee with CER.

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