Compliance With Mandatory Employee Stock Option Disclosure and Its Relationship With Corporate Governance Characteristic

Compliance With Mandatory Employee Stock Option Disclosure and Its Relationship With Corporate Governance Characteristic

This study examines the association of corporate governance characteristic in employee stock option (ESO) disclosure in Malaysian annual reports. The study is motivated by the limited studies on ESO disclosure in Malaysia compare to other countries. Disclosure is examined in the context of complianc...

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Main Author: Mazlina, Abdul Majid
Format: Thesis
Language:eng
eng
Published: 2011
Subjects:
HD2709-2930.7 Corporations
Online Access:https://etd.uum.edu.my/2893/1/Mazlina_Abdul_Majid.pdf
https://etd.uum.edu.my/2893/2/1.Mazlina_Abdul_Majid.pdf
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id my-uum-etd.2893
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Wan Hussin, Wan Nordin
topic HD2709-2930.7 Corporations
spellingShingle HD2709-2930.7 Corporations
Mazlina, Abdul Majid
Compliance With Mandatory Employee Stock Option Disclosure and Its Relationship With Corporate Governance Characteristic
description This study examines the association of corporate governance characteristic in employee stock option (ESO) disclosure in Malaysian annual reports. The study is motivated by the limited studies on ESO disclosure in Malaysia compare to other countries. Disclosure is examined in the context of compliance with Companies Act 1965 and Financial Reporting Standard (FRS) 2 - Share-based Payment. Compliance is measured using disclosure index and therefore is discussed in terms of the level of compliance. There are two research questions addressed: 1) what is the nature of compliance with ESO disclosure in company annual report in Malaysia?, and 2) Do corporate governance characteristics influence the compliance of ESO disclosure in company annual report in Malaysia?. It is predicted that internal governance characteristic including board of director effectiveness, audit committee effectiveness and the existence of remuneration committee are associated with the level of compliance with ESO disclosure in the company. 39 sarr~ples had been chosen in this study from the Bursa Malaysia listing which offer ESO plan to their employees. There are two methods of analysis use in this study which are chi-square test and regression analysis. The result from regression analysis indicates that only audit committee size significant but has weak association with the level of ESO disclosure.
format Thesis
qualification_name masters
qualification_level Master's degree
author Mazlina, Abdul Majid
author_facet Mazlina, Abdul Majid
author_sort Mazlina, Abdul Majid
title Compliance With Mandatory Employee Stock Option Disclosure and Its Relationship With Corporate Governance Characteristic
title_short Compliance With Mandatory Employee Stock Option Disclosure and Its Relationship With Corporate Governance Characteristic
title_full Compliance With Mandatory Employee Stock Option Disclosure and Its Relationship With Corporate Governance Characteristic
title_fullStr Compliance With Mandatory Employee Stock Option Disclosure and Its Relationship With Corporate Governance Characteristic
title_full_unstemmed Compliance With Mandatory Employee Stock Option Disclosure and Its Relationship With Corporate Governance Characteristic
title_sort compliance with mandatory employee stock option disclosure and its relationship with corporate governance characteristic
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2011
url https://etd.uum.edu.my/2893/1/Mazlina_Abdul_Majid.pdf
https://etd.uum.edu.my/2893/2/1.Mazlina_Abdul_Majid.pdf
_version_ 1747827454756519936
spelling my-uum-etd.28932016-04-19T02:25:45Z Compliance With Mandatory Employee Stock Option Disclosure and Its Relationship With Corporate Governance Characteristic 2011 Mazlina, Abdul Majid Wan Hussin, Wan Nordin Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HD2709-2930.7 Corporations This study examines the association of corporate governance characteristic in employee stock option (ESO) disclosure in Malaysian annual reports. The study is motivated by the limited studies on ESO disclosure in Malaysia compare to other countries. Disclosure is examined in the context of compliance with Companies Act 1965 and Financial Reporting Standard (FRS) 2 - Share-based Payment. Compliance is measured using disclosure index and therefore is discussed in terms of the level of compliance. There are two research questions addressed: 1) what is the nature of compliance with ESO disclosure in company annual report in Malaysia?, and 2) Do corporate governance characteristics influence the compliance of ESO disclosure in company annual report in Malaysia?. It is predicted that internal governance characteristic including board of director effectiveness, audit committee effectiveness and the existence of remuneration committee are associated with the level of compliance with ESO disclosure in the company. 39 sarr~ples had been chosen in this study from the Bursa Malaysia listing which offer ESO plan to their employees. There are two methods of analysis use in this study which are chi-square test and regression analysis. The result from regression analysis indicates that only audit committee size significant but has weak association with the level of ESO disclosure. 2011 Thesis https://etd.uum.edu.my/2893/ https://etd.uum.edu.my/2893/1/Mazlina_Abdul_Majid.pdf application/pdf eng validuser https://etd.uum.edu.my/2893/2/1.Mazlina_Abdul_Majid.pdf application/pdf eng public masters masters Universiti Utara Malaysia Ahmaed, K. and Nicholls, D. (1994). The impact of non-financial company characteristic on mandatory disclosure compliance in developing countries: the case of Bangladesh, lnternational Journal of Accounting, 29, 62-77. Akhtaruddin, M. (2005). Corporate mandatory disclosure practices in Bangladesh, lnternational Journal of Accounting, 40, 399-422 Ball, R., Robin, A., and Wu, J. (2003). Incentives versus standards: properties of accounting income in Four East Asian countries and implications for acceptance of IAS, Journal of Accounting and Economics, 36, 235-270. 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