Corporate Governance And Social Reporting: A Study Of Public Listed Companies In Malaysia

In view of the various efforts undertaken by the Malaysian government to promote social disclosure, this study also examines the association between government controlled companies and the level of social reporting

Role of Credit Attitude on Credit Card Misuse: A Study of Malaysian Working Adults

Credit card misuse, an issue resulting from preference over luxurious lifestyle, overvaluation of available funds, and imprudence over credit usage, is at its worrying trend. Prior studies have evidenced that credit card misuse tends to be associated with indebtedness and psychological problems. This study aims to make its contribution by examining the contributing factors of credit card misuse among Malaysian working adults and the potential mitigating factor of credit attitude in curbing such problem. With a sample of 250 Malaysian working adults, it is concluded that materialism and social norms have a positive relationship with credit card misuse. However, with proper credit attitude, it is helpful in mitigating the credit card misuse problem. The findings of the study provide useful insights to the relevant parties on the importance of credit attitude. Actions shall be taken in promoting proper credit attitude in the younger generations

Ownership Structure and Earnings Management Practices: An Empirical Evidence

This paper aims to analyse the mitigating effects of ownership structure on earnings management (EM) practices. Data were collected from firms listed on Bursa Malaysia’s main market, covering the years 2011 through 2021. Panel Regression was employed to analyses the data, with the aid of STATA software version 17. The finding of this study confirmed significant negative association between foreign ownership (FOW) and EM of listed firms in Malaysia. Additionally, managerial ownership (MOW) and ownership concentration (OC) were found to be insignificantly related to EM. Similarly, the two control variables included in the analysis, only firm size (FISZ) was found to be significantly related to EM practices. Practically, this study offers an effective framework for OC, MOW, FOW and EM to reduce executive manager's opportunistic behaviour. The findings from this study supports the need for broader understanding so that investors and other stakeholders can see through earnings reports and, as a result, make informed contractual decisions, particularly when those decisions pertain to non-ownercontrolled firms. In addition, the study’s findings provide helpful information to stakeholders in Malaysian listed companies on the value of FOW and it influence on EM mitigation

Nexus among disclosure quality, discretionary accruals and real earnings management practices: An empirical analysis of Malaysian public firms

Following the financial crisis, business practice and regulatory have become much more interested in corporate disclosure on risk and risk management. The crises necessitate enhancing corporate governance (CG) processes, risk disclosure, reporting, and accounting. This paper aims to empirically analyze specific components of disclosure quality that could be associated with the likelihood of mitigating earnings management (EM) practices. The Bursa Malaysia website, Bloomberg, and the annual reports of the listed firms were utilized as the sources for the data. Descriptive statistics and GLS methods of panel regression were the analytical techniques used in the current investigation. Corporate data of the listed firms on Bursa Malaysia covering financial periods of 2011–2022 were used to examine the research hypotheses. The findings from the panel regression suggested that internal control system disclosure (ICSD) and intellectual capital disclosure (ICD) both have negative and significant associations to the likelihood of EM practices. However, the findings also established negative but insignificant relationships between corporate risk disclosure (CRD), corporate voluntary disclosure (CVD), and the likelihood of EM practices across the sample. This study has implications to companies striving to satisfy shareholders and attract potential investors. The authors add to the growing body of literature on quality disclosure to the larger body of CG literature. Additionally, the study is original as it is the first to consider four qualities (internal control system disclosure, corporate risk disclosure and corporate voluntary disclosure, and voluntary ICD in the Malaysian context of EM practices

Antecedents of Financial Buffer Saving Behaviour

Purpose of the study • To identify whether single mothers save for financial buffer and to examine the influence of single mother’s attitude, perceived social pressure and perceived behavioural control towards financial buffer savings intention. • To investigate the moderating effect of financial shock between independent variables (attitude, perceived social pressure and perceived behavioural control) and financial buffer saving intention

Investigating earnings management practices and the role of the board and committees in emerging markets: Evidence from Malaysian public companies

This study was aims to examine the significant elements of the audit and board committee in predicting earnings management (EM) for the period of 2010–2021. The study population comprised total number of 775 listed firms on Bursa Malaysia's main market. The annual audited financial statements and reports of the listed firms, firm's websites, Bloomberg and the Bursa Malaysia website were used as method of data collection. The analytical method used in the current study was descriptive statistic and GLS methods of panel regression. The findings of this study suggested that firms with effective CG mechanisms such as, audit committee size (AUDSIZ), audit committee financial expertise (AUDFEXPT), remuneration and nomination committee (R&NC), supervisory board size (SBS), mitigates accrual, and REM. However, the findings also indicated that gender composition (CGEND) were found to be ineffective in predicting EM

Governance Mechanisms and Earnings Managements Practices In Malaysian Public Listed Firms

Purpose of the study 1. To determine the extent to which EAQ affect EM practices 2. To ascertain the effect of ICS disclosure on EM practices 3. To examine the effect of audit and board committee on EM practices 4. To determine the extent to which QAP affect EM practices. 5. To examine the effect of leadership and OS on EM practices 6. To ascertain whether or not EM practice, differs significantly among listed sectors in Malaysia

Investors’ Perspective on the Impact Of IFRS Convergence on Malaysian Capital Markets

International Financial Reporting Standards (IFRS) has become the global standards in producing high quality, understandable and enforceable accounting standards. Malaysia have committed on full convergence since the year of 2012. Since then, most of the prior studies in the field focused on the impact of IFRS adoption on accounting or companies’ perspective. To complete the view, this study aims to investigate the investor’s views on convergence with IFRS and how it would impact the Malaysian Capital Market. By interviewing institutional investors, the findings of our study suggest that institutional investors welcome the move of IFRS convergence in Malaysia and they are positive on such a move. The investors agree that IFRS convergence will bring benefits to the Malaysia capital market. The convergence is helpful in increasing the investors’ confidence when making investment decision making in the country. It is also important to bring the financial reporting environment in the country to the international level

Corporate social responsibility disclosure and corporate governance in Malaysia

Using 743 Malaysian public listed companies, this study attempts to investigate the impact of corporate governance mechanism on corporate social responsibility (CSR) disclosure level and to examine the difference of CSR disclosure level in government-linked companies and non-government linked companies. Employing multivariate analysis, the study reveals that the presence of larger non-executive directors and a higher involvement of institutional shareholders, which is dummied by government-linked companies cause significant increase in level of CSR disclosure. Besides, even though statistically insignificant, the duality role negatively affects disclosure level. In addition, existence of larger number of independent non-executive directors and employment of big four auditing firms contribute towards increased disclosure of CSR. This study is expected to add to the existing accounting literature by introducing instrument in measuring CSR disclosure and benefits regulators in improving corporate governance initiative in developing economic environment.corporate social responsibility; CSR disclosure; corporate governance; ethical business; government linked companies; ethics; Malaysia; non-executive directors; institutional shareholders; developing countries.

An Evaluation of Left and Right Brain Dominance using Electroencephalogram Signal

The left and right brain dominance theory has been established for decades. Besides, the left and right brain balancing education concept and training have also been developed for years. Currently, the only way to determine a person whether is left or right brain dominance is by making a questionnaire assessment. There is no scientific data that can directly reflect brain activity to prove the left and right brain theory as well as the effectiveness of the left and right brain development training. Hence, in this research, it is aimed to determine whether the electroencephalography (EEG) signal has any correlation with the brain dominance level. The brain dominance level of the subject is determined and benchmarked by using the Hermann Brain Dominance Instrument (HBDI) test, a popular testing tool utilized by innumerable multinational companies to determine employee’s brain dominance level. As the captured raw EEG signal is complicated and noisy, several preprocessing methods are utilized to eliminate the unwanted noise and artifacts efficiently from the acquired signal. The techniques are namely baseline correction method, electrical line noise removal, and independent component analysis (ICA). Besides, significant features can be hardly determined from the time-based EEG signal with high complexity. Hence, the EEG Topographical Power Spectral Density Percentage (EEGTPSDP) method is implemented to analyze the EEG signal. By using the results computed by EEGTPSDP method, it proves that there is a strong correlation between the brain dominance level and EEG power spectral density on one hemisphere. Hence, this research is able to validate the left and right brain dominance theory according to the EEG signal. The implemented EEGTPSDP method can be used to classify the dominant brain of a person. In this way, this research is able to contribute to the education field by determining the students’ brain dominance level and track their learning progress based on the EEG signal in a scientific approach