The influence of board director's characteristics and ownership structure on intellectual capital disclosure among Gulf Cooperation Council companies

The influence of board director's characteristics and ownership structure on intellectual capital disclosure among Gulf Cooperation Council companies

Intellectual capital (IC) disclosure, recognised as a highly useful element for maintaining competitive advantage, attracting global investment and adding immense value to the interests of key stakeholders has been presented as an international research direction, especially in the Gulf Co-operatio...

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Main Author: Qeshta, Mohammed H.M
Format: Thesis
Language:eng
eng
Published: 2015
Subjects:
HF5601-5689 Accounting
Online Access:https://etd.uum.edu.my/5409/1/s92721.pdf
https://etd.uum.edu.my/5409/2/s92721_abstract.pdf
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institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Ishak, Zuaini
Abdul Manaf, Nor Aziah
topic HF5601-5689 Accounting
spellingShingle HF5601-5689 Accounting
Qeshta, Mohammed H.M
The influence of board director's characteristics and ownership structure on intellectual capital disclosure among Gulf Cooperation Council companies
description Intellectual capital (IC) disclosure, recognised as a highly useful element for maintaining competitive advantage, attracting global investment and adding immense value to the interests of key stakeholders has been presented as an international research direction, especially in the Gulf Co-operation Council (GCC) context. As such, this study addresses the key issue of examining voluntary disclosure of IC among top listed firms in the GCC countries. Specifically, it involves a thorough examination of 119 firms’ 2011 annual reports. Furthermore, it investigates whether the monitoring mechanisms of an effective board and audit committee, and ownership structures, influence IC disclosure. By using hierarchical regression, this study also estimates the moderating effect of the effectiveness of audit committees on the relationship between ownership (e.g. government, family, institutional) and IC disclosure. The multiple regression findings showed that the board size, board multiple directorships, board meeting, board committees and audit committee independence had a positive and significant relationship with IC disclosure when examined individually. However, when assessed at aggregate level using scores, it was found that the board effectiveness and family ownership had a significant relationship with IC disclosure in the GCC context. Additionally, this study provides evidence related to family and institutional ownership holding a majority of shares having a significant relationship with IC disclosure. Also, the results of this study showed that audit committee effectiveness moderates the relationship between the government ownership and IC disclosure. The result of this study contributes to the body of knowledge in IC-related studies, particularly with regards to monitoring mechanisms affecting IC disclosure. The findings will be beneficial to investors, regulators, policymakers and market participants as well as researchers.
format Thesis
qualification_name Ph.D.
qualification_level Doctorate
author Qeshta, Mohammed H.M
author_facet Qeshta, Mohammed H.M
author_sort Qeshta, Mohammed H.M
title The influence of board director's characteristics and ownership structure on intellectual capital disclosure among Gulf Cooperation Council companies
title_short The influence of board director's characteristics and ownership structure on intellectual capital disclosure among Gulf Cooperation Council companies
title_full The influence of board director's characteristics and ownership structure on intellectual capital disclosure among Gulf Cooperation Council companies
title_fullStr The influence of board director's characteristics and ownership structure on intellectual capital disclosure among Gulf Cooperation Council companies
title_full_unstemmed The influence of board director's characteristics and ownership structure on intellectual capital disclosure among Gulf Cooperation Council companies
title_sort influence of board director's characteristics and ownership structure on intellectual capital disclosure among gulf cooperation council companies
granting_institution Universiti Utara Malaysia
granting_department Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
publishDate 2015
url https://etd.uum.edu.my/5409/1/s92721.pdf
https://etd.uum.edu.my/5409/2/s92721_abstract.pdf
_version_ 1747827929231917056
spelling my-uum-etd.54092021-03-18T08:41:57Z The influence of board director's characteristics and ownership structure on intellectual capital disclosure among Gulf Cooperation Council companies 2015 Qeshta, Mohammed H.M Ishak, Zuaini Abdul Manaf, Nor Aziah Tunku Puteri Intan Safinaz School of Accountancy (TISSA) School of Accountancy HF5601-5689 Accounting Intellectual capital (IC) disclosure, recognised as a highly useful element for maintaining competitive advantage, attracting global investment and adding immense value to the interests of key stakeholders has been presented as an international research direction, especially in the Gulf Co-operation Council (GCC) context. As such, this study addresses the key issue of examining voluntary disclosure of IC among top listed firms in the GCC countries. Specifically, it involves a thorough examination of 119 firms’ 2011 annual reports. Furthermore, it investigates whether the monitoring mechanisms of an effective board and audit committee, and ownership structures, influence IC disclosure. By using hierarchical regression, this study also estimates the moderating effect of the effectiveness of audit committees on the relationship between ownership (e.g. government, family, institutional) and IC disclosure. The multiple regression findings showed that the board size, board multiple directorships, board meeting, board committees and audit committee independence had a positive and significant relationship with IC disclosure when examined individually. However, when assessed at aggregate level using scores, it was found that the board effectiveness and family ownership had a significant relationship with IC disclosure in the GCC context. Additionally, this study provides evidence related to family and institutional ownership holding a majority of shares having a significant relationship with IC disclosure. Also, the results of this study showed that audit committee effectiveness moderates the relationship between the government ownership and IC disclosure. The result of this study contributes to the body of knowledge in IC-related studies, particularly with regards to monitoring mechanisms affecting IC disclosure. The findings will be beneficial to investors, regulators, policymakers and market participants as well as researchers. 2015 Thesis https://etd.uum.edu.my/5409/ https://etd.uum.edu.my/5409/1/s92721.pdf text eng public https://etd.uum.edu.my/5409/2/s92721_abstract.pdf text eng public Ph.D. doctoral Universiti Utara Malaysia Abbott, L. J., Park, Y., & Parker, S. (2000). The effects of audit committee activity and independence on corporate fraud. Managerial Finance, 26(11), 55–68. Abdel-khalik, A. R. (2003). Self-sorting, incentive compensation and human-capital assets. European Accounting Review, 12(4), 661–697. Abdolmohammadi, M. J. (2005). 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