Sustainability disclosures, ceo characteristics and firm performance: a study on construction listed companies in Malaysia.

Recently, sustainability reporting has been recognised as a common practice for companies around the globe. There is inconclusive evidence to suggest that sustainability disclosure improve financial performance. The objectives of this study are (i) to examine the extend of sustainability disclosures...

Full description

Saved in:

Bibliographic Details
Main Author:	Mohd Radzi, Mohd Rusfaizal
Format:	Thesis
Language:	eng eng
Published:	2021
Subjects:	HD2709-2930.7 Corporations
Online Access:	https://etd.uum.edu.my/9383/1/s822846_01.pdf https://etd.uum.edu.my/9383/2/s822846_02.pdf
Tags:	Add Tag No Tags, Be the first to tag this record!

id	my-uum-etd.9383
record_format	uketd_dc
spelling	my-uum-etd.93832022-05-22T01:22:44Z Sustainability disclosures, ceo characteristics and firm performance: a study on construction listed companies in Malaysia. 2021 Mohd Radzi, Mohd Rusfaizal Abdul Latif, Rohaida Tunku Puteri Intan Safinaz School of Accountancy (TISSA) Tunku Puteri Intan Safinaz School of Accountancy (TISSA) HD2709-2930.7 Corporations Recently, sustainability reporting has been recognised as a common practice for companies around the globe. There is inconclusive evidence to suggest that sustainability disclosure improve financial performance. The objectives of this study are (i) to examine the extend of sustainability disclosures among public listed construction ompanies in Malaysia, (ii) to investigate the relationship between sustainability disclosures, CEO characteristics, and financial performance of public listed construction companies in Malaysia at the year end of 2018. Three models were established based on three dependent variables which are Returns on Assets (Model 1-ROA), Returns on Equity (Model 2-ROE) and market performance (Model 3-Tobin’s Q) using three underpinning theories which are agency theory, legitimacy theory and critical mass theory. Based on GR4 reporting guidelines, on carbon emission and energy consumption, on average about 12.2 per cent construction companies reported important information regarding carbon emission and energy consumption. The results show that sustainability disclosures are only supported in Model 3. CEO gender has a positive influence on firm performance based on Model 1. The results in models 1 and 2 support that long serving CEO in the sample firms are entrenched CEO which lead to lower performance in ROA and ROE. While the results also support that matured or older CEO tend to improve performance due to his or her good track record and long serving experience which ultimately enhance performance. The results have implications for policymakers, such as the Securities Commission, investors, and other market participants in improving the sustainability disclosures and firm performance. Policymakers and companies may use these findings to recognise areas in sustainability disclosure, CEO characteristics that can further enhance firm performance 2021 Thesis https://etd.uum.edu.my/9383/ https://etd.uum.edu.my/9383/1/s822846_01.pdf text eng 2024-11-17 staffonly https://etd.uum.edu.my/9383/2/s822846_02.pdf text eng public other masters Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Abdul Latif, Rohaida
topic	HD2709-2930.7 Corporations
spellingShingle	HD2709-2930.7 Corporations Mohd Radzi, Mohd Rusfaizal Sustainability disclosures, ceo characteristics and firm performance: a study on construction listed companies in Malaysia.
description	Recently, sustainability reporting has been recognised as a common practice for companies around the globe. There is inconclusive evidence to suggest that sustainability disclosure improve financial performance. The objectives of this study are (i) to examine the extend of sustainability disclosures among public listed construction ompanies in Malaysia, (ii) to investigate the relationship between sustainability disclosures, CEO characteristics, and financial performance of public listed construction companies in Malaysia at the year end of 2018. Three models were established based on three dependent variables which are Returns on Assets (Model 1-ROA), Returns on Equity (Model 2-ROE) and market performance (Model 3-Tobin’s Q) using three underpinning theories which are agency theory, legitimacy theory and critical mass theory. Based on GR4 reporting guidelines, on carbon emission and energy consumption, on average about 12.2 per cent construction companies reported important information regarding carbon emission and energy consumption. The results show that sustainability disclosures are only supported in Model 3. CEO gender has a positive influence on firm performance based on Model 1. The results in models 1 and 2 support that long serving CEO in the sample firms are entrenched CEO which lead to lower performance in ROA and ROE. While the results also support that matured or older CEO tend to improve performance due to his or her good track record and long serving experience which ultimately enhance performance. The results have implications for policymakers, such as the Securities Commission, investors, and other market participants in improving the sustainability disclosures and firm performance. Policymakers and companies may use these findings to recognise areas in sustainability disclosure, CEO characteristics that can further enhance firm performance
format	Thesis
qualification_name	other
qualification_level	Master's degree
author	Mohd Radzi, Mohd Rusfaizal
author_facet	Mohd Radzi, Mohd Rusfaizal
author_sort	Mohd Radzi, Mohd Rusfaizal
title	Sustainability disclosures, ceo characteristics and firm performance: a study on construction listed companies in Malaysia.
title_short	Sustainability disclosures, ceo characteristics and firm performance: a study on construction listed companies in Malaysia.
title_full	Sustainability disclosures, ceo characteristics and firm performance: a study on construction listed companies in Malaysia.
title_fullStr	Sustainability disclosures, ceo characteristics and firm performance: a study on construction listed companies in Malaysia.
title_full_unstemmed	Sustainability disclosures, ceo characteristics and firm performance: a study on construction listed companies in Malaysia.
title_sort	sustainability disclosures, ceo characteristics and firm performance: a study on construction listed companies in malaysia.
granting_institution	Universiti Utara Malaysia
granting_department	Tunku Puteri Intan Safinaz School of Accountancy (TISSA)
publishDate	2021
url	https://etd.uum.edu.my/9383/1/s822846_01.pdf https://etd.uum.edu.my/9383/2/s822846_02.pdf
_version_	1747828586346184704

Sustainability disclosures, ceo characteristics and firm performance: a study on construction listed companies in Malaysia.

Similar Items