Articlegreen2015

IFRS Mandatory disclosures in Malaysia: the influence of family control and the value (ir)relevance of compliance levels

Mazni Abdullah · Lisa Evans · Ian A. Fraser · Ioannis Tsalavoutas

100 citations0/0 files storedAccounting Forum

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Auditing, Earnings Management, Governance Corporate Finance and Governance Corporate Governance and Financial Management

Abstract

We examine the effect of family control on IFRS mandatory disclosure levels, and the valuation implications of these disclosure levels, for Malaysian companies. We find that family control is related negatively to disclosure and that compliance levels are not value relevant. These findings suggest that agency theory predictions and theories linking common law legal systems to high quality financial reporting require refining in certain national contexts. Where Type 2 agency problems dominate, institutional arrangements intended to enhance financial reporting quality aimed at mitigating Type 1 problems in developed markets may have limited effect in less developed jurisdictions.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 100 citations exist upstream.

References

1976Theory of the firm: Managerial behavior, agency costs and ownership structure 1980Agency Problems and the Theory of the Firm 1933The Modern Corporation and Private Property 1985The Structure of Corporate Ownership: Causes and Consequences 2003Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 1995Earnings, Book Values, and Dividends in Equity Valuation*2005How do family ownership, control and management affect firm value?1991Disclosure, Liquidity, and the Cost of Capital

Cited by

2020Compliance with IFRS mandatory disclosure requirements: A structured literature review 2016Compliance with goodwill-related mandatory disclosure requirements and the cost of equity capital 2017The effect of audit committee characteristics on compliance with IFRS for related party disclosures 2018The effect of corruption and culture on mandatory disclosure compliance levels: Goodwill reporting in Europe 2019Impact of ownership structure on the level of voluntary disclosure: a study of listed family-controlled companies in Malaysia

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.