Managerial Auditing Journal 

About: Managerial Auditing Journal is an academic journal published by Emerald Publishing Limited. The journal publishes majorly in the area(s): Audit & Internal audit. It has an ISSN identifier of 0268-6902. Over the lifetime, 1548 publications have been published receiving 55029 citations. The journal is also known as: MAJ.

Board, audit committee, culture and earnings management: Malaysian evidence

Abstract: Purpose – Aims to investigate the extent of the effectiveness of monitoring functions of board of directors, audit committee and concentrated ownership in reducing earnings management among 97 firms listed on the Main Board of Bursa Malaysia over the period 2002‐2003.Design/methodology/approach – The current study employs the cross‐sectional modified version of Jones, where abnormal working capital accruals are used as proxy for earnings management.Findings – The study reveals that earnings management is positively related to the size of the board of directors. This supports the view that larger boards appear to be ineffective in their oversight duties relative to smaller boards. A possible explanation for the insignificant relationship between other corporate governance mechanisms (independence of board and audit committee) and earnings management is that the board of directors is seen as ineffective in discharging their monitoring duties due to management dominance over board matters. The apparent reaso...

The association between firm‐specific characteristics and disclosure

Abstract: Purpose – The main thrust of this paper is to assess the level of disclosure in the annual reports of non‐financial Saudi firms and to empirically investigate the hypothesized impact of several firm characteristics on the extent of voluntary disclosure.Design/methodology/approach – A disclosure checklist consisting of 20 voluntary items was developed to assess the level of disclosure in the 2003 annual reports of 40 firms, forming approximately 56 percent of the total firms incorporated in Saudi Arabia. The association between the level of disclosure and some firm characteristics was examined using multiple linear regression analysis.Findings – The results show that the mean of the disclosure index was lower than average. Also, it was found that firm size was significantly positively associated with the level of disclosure. The remaining variables, however, were found to be insignificant in explaining the variation of voluntary disclosure.Research limitations/implications – There are, however, several lim...

Ownership structure, board composition and corporate voluntary disclosure

Abstract: Purpose – The paper aims to examine the impact of ownership structure and board composition on voluntary disclosures of listed companies in China.Design/methodology/approach – Using an OLS‐regression model to test the relationship among ownership structure, board composition and the level of voluntary disclosure. The sample is based on 559 firm observations in 2002.Findings – Higher blockholder ownership and foreign listing/shares ownership is associated with increased disclosure. However, managerial ownership, state ownership, and legal‐person ownership are not related to disclosure. An increase in independent directors increases corporate disclosure and CEO duality is associated with lower disclosure. The paper also finds that larger firms had greater disclosure, while firms with growth opportunities are reluctant to disclose information voluntarily.Research limitations/implications – Firstly, the sample is comprised of companies listed on Shanghai Stock Exchange in 2002 and only 45.7 percent of represe...

A study of corporate social disclosures in Bangladesh

Abstract: Most of the corporate social reporting (CSR) studies conducted so far have been in the context of developed countries. Very few studies are available on the CSR practices in developing countries. Given the different socio-economic context of developing countries it is argued that it is important to learn about the CSR practices in those countries. This study reports the results of a survey of CSR practices in Bangladesh. The main contribution of this paper is that in addition to measuring the extent and volume of disclosures by using content analysis, it explores the socio-political and economic context in which these disclosures take place.