Risk management and disclosure in Malaysian corporations: managerial perceptions
by Nazli Anum Mohd Ghazali
International Journal of Behavioural Accounting and Finance (IJBAF), Vol. 3, No. 1/2, 2012

Abstract: The purpose of this study is to examine the extent to which Malaysian companies had established separate risk management committees (RMCs), factors influencing the establishment of RMCs and the type of risks disclosure that should be provided in corporate annual reports. In departure from the majority of prior studies on risk management and disclosure which examined corporate annual reports, the present study sought views from corporate managers through questionnaire survey on issues related to risk management and disclosure in Malaysia. The findings show that 21 (35.6%) companies had established separate RMCs implying that the revised Malaysian Code on Corporate Governance (2007) have had some positive impact on corporate governance in terms of encouraging companies in establishing separate RMCs. Larger companies were expected to establish separate RMCs suggesting that cost considerations have an influence on whether a company would establish a separate RMC. The item under financial risk, 'credit' was rated by the respondents as the most important disclosure.

Online publication date: Sat, 16-Jun-2012

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Behavioural Accounting and Finance (IJBAF):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?


Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com