scholarly journals Disclosure of AGM Minutes on Corporate Website: An Assessment of Malaysian Listed Companies

2020 ◽  
pp. 1-24
Author(s):  
Mohd Shazwan Mohd Ariffin ◽  
Wan Nordin Wan-Hussin ◽  
Siti Seri Delima Abdul Malak
Keyword(s):  
Voluntary Disclosure ◽  
Information Disclosure ◽  
General Meeting ◽  
Listed Companies ◽  
Shareholder Rights ◽  
Mandatory Disclosure ◽  
Annual General Meeting ◽  
Corporate Website ◽  
Corporate Information

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.

scholarly journals Disclosure of AGM Minutes on Corporate Website: An Assessment of Malaysian Listed Companies

2020 ◽  
Vol 15 ◽  
pp. 1-24
Author(s):  
Mohd Shazwan Mohd Ariffin ◽  
Wan Nordin Wan-Hussin ◽  
Siti Seri Delima Abdul Malak
Keyword(s):  
Voluntary Disclosure ◽  
Information Disclosure ◽  
General Meeting ◽  
Listed Companies ◽  
Shareholder Rights ◽  
Mandatory Disclosure ◽  
Annual General Meeting ◽  
Corporate Website ◽  
Corporate Information

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.

scholarly journals The Quality of Annual General Meeting Minutes of Listed Companies in Malaysia

2020 ◽  
Vol 1 (Number 1) ◽  
pp. 1-25
Author(s):  
Mohd Shazwan Mohd Ariffin ◽  
Wan Nordin Wan Hussin ◽  
Siti Seri Delima Abdul Malak
Keyword(s):  
Descriptive Analysis ◽  
General Meeting ◽  
Listed Companies ◽  
Annual General ◽  
Annual General Meeting ◽  
Corporate Website ◽  
Additional Information ◽  
Prior Literature ◽  
Corporate Information

The annual general meeting (AGM) minutes act as an integral part of a good disclosure and transparency in delivering corporate information. Through the content of AGM minutes, shareholders can have an overview of the company's performance. The paper examines the in- depth context of the AGM minutes of listed companies in Malaysia. Using the content analysis, a self-constructed checklist was developed to measure the quality of AGM minutes of listed companies in Malaysia. A sample of 115 AGM minutes from various sectors listed in Bursa Malaysia for the financial year ended December 31, 2016, was reported. The results indicate that the quality of AGM minutes discloses by listed companies relatively low consistent with the prior literature that sought for more exploration on the AGM. Using SPSS version 24, a descriptive analysis was presented in this paper. The low level of AGM minutes' disclosure among Malaysian listed companies suggests that these companies merely disclose within the mandatory requirements. The initiative by the Minority Shareholder Watch Group (MSWG) encourages more disclosure cause listed companies to disclosure additional information such as AGM minutes' content. The result of this study provides meaningful information, especially on the quality of AGM minutes' disclosure in Malaysian listed companies, which remained largely unexplored. The study provides insight contribution of the quality AGM minutes on the corporate website prior implementation of Companies Act 2016.

Creating social capital: The distinctive role of the non-government agency

1999 ◽  
Vol 24 (1) ◽  
pp. 4-7 ◽  
Author(s):  
Dorothy Scott
Keyword(s):  
Social Capital ◽  
General Meeting ◽  
Government Agency ◽  
Annual General ◽  
Annual General Meeting ◽  
Distinctive Role

This paper is based on an address given at the Oz Child Annual General Meeting on 7 December 1998 in Dandenong, Victoria.

scholarly journals Scientific overview: CSCI-CITAC annual general meeting and young investigator’s forum 2010

2011 ◽  
Vol 34 (1) ◽  
pp. 105
Author(s):  
Mike Berger ◽  
Dominick Bosse ◽  
M Sara Kuruvilla ◽  
Pencilla Lang ◽  
Jean-Christophe Murray ◽  
...  
Keyword(s):  
General Meeting ◽  
Annual General ◽  
Canadian Society ◽  
Young Investigator ◽  
Annual General Meeting ◽  
Award Recipient ◽  
Clinical Investigator ◽  
Research Questions ◽  
Medical Disciplines

In 2010, the annual general meeting of the Clinical Investigator Trainee Association of Canada – Association des cliniciens-chercheurs en formation du Canada (CITAC-ACCFC) and the Canadian Society for Clinician Investigators (CSCI) was held between September 20 and 22 in Ottawa. Several globally-renowned scientists, including this year’s CSCI/Royal College Henry Friesen Award recipient, Dr. Paul Kubes, Distinguished Scientist Award recipient, Dr. Gideon Koren and Joe Doupe Young Investigator Award recipient, Dr. Torsten Neil, discussed a variety of topics relating to the role of technology in medicine. The meeting was well attended by clinician scientists and trainees from across Canada and offered trainees mentorship and networking opportunities in addition to showcasing their research at the young investigator forum. The aim of this scientific overview is to highlight the research presented by trainees at both the oral plenary session as well as the poster presentation sessions of this meeting. Similar to last year’s meeting [1], research questions being investigated by trainees covered the spectrum of medical disciplines, encompassing both basic science as well as clinical areas, and are summarized below. [1] Ong Tone, S., Dugani, S., Marshall, H., Shamji, M.F., Murray, J-C., and Bossé, D. 2010 Scientific overview of the CSCI-CITAC 2009 conference. Clin Invest Med 33: E69-72, E73-67

Intellectual Capital Disclosure in Sustainability Reports

2013 ◽  
pp. 195-214 ◽  
Author(s):  
Giovanni Bronzetti ◽  
Romilda Mazzotta ◽  
Graziella Sicoli ◽  
Maria Assunta Baldini
Keyword(s):  
Content Analysis ◽  
Intellectual Capital ◽  
Voluntary Disclosure ◽  
Information Disclosure ◽  
Listed Companies ◽  
Global Reporting Initiative ◽  
Voluntary Disclosures ◽  
Sustainability Reports ◽  
Sustainability Report

The purpose of this chapter is to analyze the level and the quality of voluntary disclosures of Intellectual Capital (IC) in the sustainability reports on a sample of Italian listed companies. The authors conducted an analysis of twelve sustainability reports for two years (2009-2010). These are related to six firms selected among the most capitalized 37 Italian listed companies. To investigate the “level of disclosure,” the authors identified the presence of IC information, while to evaluate the “IC quality,” they constructed a voluntary disclosure index based on content analysis. IC information disclosure is more likely present in sustainability reports of firms with a higher levels of application of the Global Reporting Initiative framework. The results confirm that the sustainability report can adequately represent the intellectual capital, especially in order to understand its role in the firm and the interaction with other variables present in the firm.

scholarly journals Structure of Integrated Reporting, Voluntary Disclosure and Firm-Specific Characteristics in Saudi Arabian Companies

2021 ◽  
Vol 16 (10) ◽  
pp. 73
Author(s):  
Mohammad Hariri
Keyword(s):  
Voluntary Disclosure ◽  
Information Disclosure ◽  
Stock Exchange ◽  
Saudi Arabian ◽  
Positive Association ◽  
Research Direction ◽  
Future Research ◽  
Firm Characteristics ◽  
Integrated Reporting ◽  
Corporate Information

The present study aims towards three research purposes. Firstly, it intends to reveal the pattern that associates the elements of the Integrated Reporting (IR) of companies listed on the Saudi Arabian Stock Exchange (Tadawul). Secondly, it verifies the existence of a relationship between IR practices and some firm-specific characteristics. Third, it examines the similarities between the IR practices of these companies. IR communicates how an organization's strategy, governance, performance, and prospects lead to value creation. The dataset used for the IR elements is retrieved from Tadawul and consists of data regarding integrated reports for 126 companies listed in 2019; while the data for the firm-specific characteristics, as the size of the company, the auditor type and the type of company are extracted from Marketscreener.com and Argaam.com portals. The methodology used consists of the empirical-analytical approach with the use of Optimal Scaling techniques. Main findings consist of a positive association found between the elements of the IR, as well as that the specific characteristics of the firms are not related to the elements of the IR. In our results a dissimilarity is found in the corporate information disclosure practices. These findings reveal a need for a deep investigation of the IR elements and firm characteristics in Saudi Arabian companies. One of the future research direction is a multilinear data for various years such that can reveal a more comprehensive understanding of IR elements and firm characteristics. This study becomes relevant in the context of IR elements and firm characteristics relations, that are not yet studies at their research potential.

Analysis of Influence Factors of Voluntary Information Disclosure of Listed Companies

2014 ◽  
Vol 687-691 ◽  
pp. 4695-4699
Author(s):  
Xing Wei
Keyword(s):  
Capital Market ◽  
Information Disclosure ◽  
Influence Factors ◽  
Listed Companies ◽  
Current Status ◽  
Mandatory Disclosure ◽  
Day By Day

As development and maturity of China's capital market day by day, the information disclosure of listed companies to investors has higher and higher quality. At present, many listed companies want to obtain the trust and investment of investors, willing to disclose some information beyond the mandatory disclosure to provide for the investors. Many companies make voluntary information disclosure. However, there is a problem of voluntary information disclosure of listed companies in our country. This paper, through the study on the current status of the voluntary information disclosure of listed companies, finds out the influence factors of voluntary information disclosure and proposes the corresponding countermeasures for solving these problems.

scholarly journals Issues Involving Corporate Transparency in the Saudi Capital Market

2017 ◽  
Vol 6 (2) ◽  
pp. 21
Author(s):  
Khalid Saad Al-habshan
Keyword(s):  
Saudi Arabia ◽  
Capital Market ◽  
Voluntary Disclosure ◽  
Listed Companies ◽  
Financial Information ◽  
Mandatory Disclosure ◽  
Corporate Transparency ◽  
Price Manipulation ◽  
Insider Dealing

In this article, disclosure and transparency issues in Saudi Arabia are discussed as they pertain to the Saudi capital market. Disclosure provisions in the CML and problems that result from inadequate disclosure are examined. Insider dealing, price manipulation and possible reforms of Saudi law are addressed. Finally, a brief account of voluntary disclosure and its impact on the mandatory disclosure of financial information by SSE-listed companies is given, as well as the WB’s findings on Saudi companies’ disclosure practices.

scholarly journals The annual general meeting for Australian football clubs: An accountability and entertainment event

2020 ◽  
pp. 103237322095350
Author(s):  
Abdel K Halabi
Keyword(s):  
Social Roles ◽  
General Meeting ◽  
Financial Information ◽  
Annual General ◽  
Annual General Meeting ◽  
Audience Engagement ◽  
Football Clubs ◽  
Australian Football

The Annual General Meetings (AGMs) of Australian Football Clubs in the 1890s were a community event. These AGMs fulfilled the role of accountability, and the dissemination of financial and non-financial information, and were intertwined with a theatrical function. The theatrical aspects of the meeting which included the stage, enthusiastic participants, eminent dignitaries, cheering, applause and audience engagement meant AGMs were also an exercise in entertainment. Through the narratives of newspapers, this article sheds new light on the interrelationships between the accountability and social roles of the AGM.

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