Corporate risk disclosure: evidence of Shari'ah compliant companies in Malaysia / Noridayu Abdullah Sani

An increase in corporate failure in the global market resulted in an increase in demand on risk disclosure by the market participants. Owing to the rule of full disclosure in Islamic accounting, Shari'ah compliant companies need to increase the quality of corporate disclosure to maintain invest...

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Main Author:	Abdullah Sani, Noridayu
Format:	Thesis
Language:	English
Published:	2011
Online Access:	https://ir.uitm.edu.my/id/eprint/17184/2/TM_NORIDAYU%20ABDULLAH%20SANI%20AC%2011_5.pdf
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id	my-uitm-ir.17184
record_format	uketd_dc
spelling	my-uitm-ir.171842022-04-06T05:18:19Z Corporate risk disclosure: evidence of Shari'ah compliant companies in Malaysia / Noridayu Abdullah Sani 2011-04 Abdullah Sani, Noridayu An increase in corporate failure in the global market resulted in an increase in demand on risk disclosure by the market participants. Owing to the rule of full disclosure in Islamic accounting, Shari'ah compliant companies need to increase the quality of corporate disclosure to maintain investors' confidence towards the benefits of Shari'ah principles in protecting their investment returns that include information on business risks. For Shari'ah compliant companies, Shari'ah stock screening criteria involves investment screening based on qualitative and quantitative tools that will result in the selection of Shari'ah compliant companies and removal of Shari'ah non-compliant companies. The main objective of this study is to examine the influence of corporate risk disclosure on companies' performance. The second objective is to examine the moderation effect of the screening criteria (FTSE Bursa Malaysia EMAS Shari 'ah Index and FTSE Bursa Malaysia Hijrah Shari'ah Index) on the relationship between CRD and companies' performance. The analysis reveals that there is significant negative relationship between the CRD and companies' performance. This indicates that an improvement in companies' performance is not a factor to encourage company to release more information on business risks. FTSE Bursa Malaysia EMAS Shari'ah Index and FTSE Bursa Malaysia Hijrah Shari'ah Index do not have an interactive influence on the relationship between corporate risk disclosure and companies' performance. 2011-04 Thesis https://ir.uitm.edu.my/id/eprint/17184/ https://ir.uitm.edu.my/id/eprint/17184/2/TM_NORIDAYU%20ABDULLAH%20SANI%20AC%2011_5.pdf text en public mphil masters Universiti Teknologi MARA Faculty of Accountancy
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
description	An increase in corporate failure in the global market resulted in an increase in demand on risk disclosure by the market participants. Owing to the rule of full disclosure in Islamic accounting, Shari'ah compliant companies need to increase the quality of corporate disclosure to maintain investors' confidence towards the benefits of Shari'ah principles in protecting their investment returns that include information on business risks. For Shari'ah compliant companies, Shari'ah stock screening criteria involves investment screening based on qualitative and quantitative tools that will result in the selection of Shari'ah compliant companies and removal of Shari'ah non-compliant companies. The main objective of this study is to examine the influence of corporate risk disclosure on companies' performance. The second objective is to examine the moderation effect of the screening criteria (FTSE Bursa Malaysia EMAS Shari 'ah Index and FTSE Bursa Malaysia Hijrah Shari'ah Index) on the relationship between CRD and companies' performance. The analysis reveals that there is significant negative relationship between the CRD and companies' performance. This indicates that an improvement in companies' performance is not a factor to encourage company to release more information on business risks. FTSE Bursa Malaysia EMAS Shari'ah Index and FTSE Bursa Malaysia Hijrah Shari'ah Index do not have an interactive influence on the relationship between corporate risk disclosure and companies' performance.
format	Thesis
qualification_name	Master of Philosophy (M.Phil.)
qualification_level	Master's degree
author	Abdullah Sani, Noridayu
spellingShingle	Abdullah Sani, Noridayu Corporate risk disclosure: evidence of Shari'ah compliant companies in Malaysia / Noridayu Abdullah Sani
author_facet	Abdullah Sani, Noridayu
author_sort	Abdullah Sani, Noridayu
title	Corporate risk disclosure: evidence of Shari'ah compliant companies in Malaysia / Noridayu Abdullah Sani
title_short	Corporate risk disclosure: evidence of Shari'ah compliant companies in Malaysia / Noridayu Abdullah Sani
title_full	Corporate risk disclosure: evidence of Shari'ah compliant companies in Malaysia / Noridayu Abdullah Sani
title_fullStr	Corporate risk disclosure: evidence of Shari'ah compliant companies in Malaysia / Noridayu Abdullah Sani
title_full_unstemmed	Corporate risk disclosure: evidence of Shari'ah compliant companies in Malaysia / Noridayu Abdullah Sani
title_sort	corporate risk disclosure: evidence of shari'ah compliant companies in malaysia / noridayu abdullah sani
granting_institution	Universiti Teknologi MARA
granting_department	Faculty of Accountancy
publishDate	2011
url	https://ir.uitm.edu.my/id/eprint/17184/2/TM_NORIDAYU%20ABDULLAH%20SANI%20AC%2011_5.pdf
_version_	1783733553143480320

Corporate risk disclosure: evidence of Shari'ah compliant companies in Malaysia / Noridayu Abdullah Sani

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