Corporate governance and risk disclosure quality: Tunisian evidence
Research output: Contribution to journal › Article
Findings: We find that the quality of risk disclosure in Tunisian companies is relatively low. We also find that the quality of risk disclosure is positively associated with institutional ownership, board independence, the presence of women on the board, the presence of family members on the board, and the independence of audit committee. Managerial ownership has a negative effect on risk disclosure quality. Finally, we find that the revolution decreases the influence of concentration ownership, government ownership, family ownership and audit committee size on risk disclosure quality.
Using a comprehensive set of corporate governance mechanisms and a new measure for risk disclosure quality in Tunisia, we provide the first empirical evidence on the impact of corporate governance mechanisms on risk disclosure quality in a developing country. Our study has theoretical and practical implications for both developed and developing countries.
|Journal||Journal of Accounting in Emerging Economies|
|Early online date||7 Aug 2019|
|Publication status||Early online - 7 Aug 2019|
- HUSSAINEY_2019_cright_JAEE_Corporate Governance and Risk Disclosure Quality Tunisian Evidence
Rights statement: Issal Haj Salem, Salma Damak Ayadi & Khaled Hussainey. 'Corporate Governance and Risk Disclosure Quality: Tunisian Evidence'. Journal of Accounting in Emerging Technologies. DOI: 10.1108/JAEE-01-2019-0005. Copyright © 2019, Emerald Publishing Limited. All rights reserved.
Accepted author manuscript (Post-print), 1.05 MB, PDF document