Corporate Governance Mechanisms and ESG Reporting: Evidence from the Saudi Stock Market

被引：28
|
作者：
Bamahros, Hasan Mohamad [1 ,2 ]
Alquhaif, Abdulsalam [1 ,3 ]
Qasem, Ameen [1 ,4 ]
Wan-Hussin, Wan Nordin [5 ,6 ]
Thomran, Murad [1 ]
Al-Duais, Shaker Dahan [3 ,7 ]
Shukeri, Siti Norwahida [1 ]
Khojally, Hytham M. A. [1 ,8 ]
机构：
[1] Univ Hail, Coll Business Adm, Dept Accounting, Hail 55471, Saudi Arabia
[2] Univ Aden, Coll Management Sci, Dept Accounting, Aden 9672, Yemen
[3] Ibb Univ, Fac Adm Sci, Accounting Dept, Ibb 9674, Yemen
[4] Taiz Univ, Fac Adm Sci, Accounting Dept, Taizi 6803, Yemen
[5] Univ Utara Malaysia, Othman Yeop Abdullah Grad Sch Business, Kuala Lumpur 50300, Malaysia
[6] Univ Utara Malaysia, Inst Management & Business Res IMBRe, Sintok 06010, Kedah, Malaysia
[7] Alaziq & Alzailiae CPA, Qual Inspect Dept, Riyadh 11393, Saudi Arabia
[8] Univ Khartoum, Sch Management Studies, Khartoum 11115, Sudan
来源：
SUSTAINABILITY | 2022年 / 14卷 / 10期
关键词：
board of directors; audit committee; corporate social responsibility; Saudi Arabia; SOCIAL-RESPONSIBILITY DISCLOSURES; EARNINGS MANAGEMENT; AUDIT COMMITTEE; OWNERSHIP CONCENTRATION; VOLUNTARY DISCLOSURE; EMPIRICAL-EVIDENCE; GENDER DIVERSITY; FAMILY OWNERSHIP; QUALITY; CEO;
D O I：
10.3390/su14106202
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
The code of corporate governance in Saudi Arabia places a greater focus on social responsibility initiatives by Saudi companies and the reporting of such activities to the community. The current study examines the relationship between corporate governance mechanisms and environmental, social, and governance (ESG) disclosures amongst Saudi companies. In particular, we extend previous studies by covering unique Saudi corporate governance mechanisms (i.e., the presence of members of the royal family on the board (BROY) and of external members on the audit committee (ACEXT)), and their impact on ESG disclosure. Using 206 company-year observations for Saudi listed companies spanning the period 2010 to 2019, we find the presence of BROY and ACEXT has a positive and significant association with ESG disclosure. The findings of this study may help policymakers to develop regulations regarding corporate governance mechanisms to enhance ESG disclosure.
引用
收藏
页数：20
相关论文
共 50 条
  • [1] Corporate ESG rating and stock market liquidity: Evidence from China
    He, Feng
    Feng, Yaqian
    Hao, Jing
    [J]. ECONOMIC MODELLING, 2023, 129
  • [2] Corporate governance and stock liquidity: evidence from a speculative market
    Biswas, Pallab Kumar
    [J]. ACCOUNTING RESEARCH JOURNAL, 2020, 33 (02) : 323 - 341
  • [3] Corporate Reporting, Corporate Governance Mechanisms and Tax Aggressiveness: Evidence from Indonesia
    Kesumaningrum, Ninuk Dewi
    Bujang, Imbarine
    Muda, Ruhaini
    Mohamed, Norhayati
    [J]. ASIA-PACIFIC MANAGEMENT ACCOUNTING JOURNAL, 2023, 18 (02): : 29 - 56
  • [4] The impact of environmental, social and governance (ESG) reporting on corporate profitability: evidence from Thailand
    Treepongkaruna, Sirimon
    Suttipun, Muttanachai
    [J]. JOURNAL OF FINANCIAL REPORTING AND ACCOUNTING, 2024,
  • [5] Corporate Governance and Firm Liquidity: Evidence from the Chinese Stock Market
    Tang, Ke
    Wang, Changyun
    [J]. EMERGING MARKETS FINANCE AND TRADE, 2011, 47 (01) : 47 - 60
  • [6] Revisiting the relationship between corporate governance mechanisms and ESG disclosures in Saudi Arabia
    Umar, Umar Habibu
    Firmansyah, Egi Arvian
    Danlami, Muhammad Rabiu
    Al-Faryan, Mamdouh Abdulaziz Saleh
    [J]. JOURNAL OF ACCOUNTING AND ORGANIZATIONAL CHANGE, 2024, 20 (04): : 724 - 747
  • [7] ESG controversies, corporate governance, and the market for corporate control
    Treepongkaruna, Sirimon
    Kyaw, Khine
    Jiraporn, Pornsit
    [J]. JOURNAL OF SUSTAINABLE FINANCE & INVESTMENT, 2024,
  • [8] The effect of corporate governance mechanisms on earnings management Evidence from Saudi Arabia
    Al-Thuneibat, Ali Abedalqader
    Al-Angari, Hussam Abdulmohsen
    Al-Saad, Saleh Abdulrahman
    [J]. REVIEW OF INTERNATIONAL BUSINESS AND STRATEGY, 2016, 26 (01) : 2 - 32
  • [9] Corporate governance, product-market competition, and stock returns: evidence from the Korean market
    Ryu, Doowon
    Ryu, Doojin
    Hwang, Joon Ho
    [J]. ASIAN BUSINESS & MANAGEMENT, 2017, 16 (1-2) : 50 - 91
  • [10] Corporate governance mechanisms and corporate social responsibility disclosure: evidence from an emerging market
    Ebaid, Ibrahim El-Sayed
    [J]. JOURNAL OF GLOBAL RESPONSIBILITY, 2022, 13 (04) : 396 - 420
12345