Title: Corporate governance and voluntary disclosure: evidence from Bahrain

Authors: Maram Muneer Al Maskati; Allam Mohammed Mousa Hamdan

Addresses: Grant Thornton, Abdulaal, Bahrain ' Accounting and Economics Department, Ahlia University, Bahrain

Abstract: This study examined the relationship between corporate governance and voluntary disclosure. The study used a cross-sectional data for the year 2013 of 41 firms listed on Bahrain Bourse. Multiple regression approach was incorporated. The study found that the governance level was 47.1%. Voluntary disclosure percentage was found to be 51.1% in Bahrain Bourse which is considered high compared to previous studies. The results of the study test indicate that there is a positive relationship between the principals: ownership of the largest shareholder, size of the board of directors and independency of board of directors with voluntary disclosure, and that there is no relationship between ownership of the three largest shareholders and voluntary disclosure.

Keywords: corporate governance; voluntary disclosure; agency theory; Bahrain Bourse; Bahrain.

DOI: 10.1504/IJEA.2017.084876

International Journal of Economics and Accounting, 2017 Vol.8 No.1, pp.1 - 28

Received: 30 Jul 2016
Accepted: 02 Feb 2017

Published online: 27 Jun 2017 *

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