The impact of corporate governance on the financial, governance and social disclosures at Islamic banks in Malaysia

The study examines the impact of board and audit committee on the disclosure of Islamic financial and social reporting (IFSR) among Islamic banks in Malaysia. Drawing on surveys this study seeks the views of accountants working in Islamic banks regarding the importance of items in the IFSR index dev...

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Main Authors:	Marsidi, Asri, Annuar, Hairul Azlan, Abdul Rahman, Abdul Rahim
Format:	Article
Language:	English
Published:	IIUM Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia (IIUM). 2018
Subjects:	HB126.4 Islamic Economics HG3368 Islamic Banking and Finance
Online Access:	http://irep.iium.edu.my/56231/ http://irep.iium.edu.my/56231/ http://irep.iium.edu.my/56231/1/56231_The%20Impact%20of%20Corporate%20Governance.pdf

id	iium-56231
recordtype	eprints
spelling	iium-562312018-06-11T02:24:56Z http://irep.iium.edu.my/56231/ The impact of corporate governance on the financial, governance and social disclosures at Islamic banks in Malaysia Marsidi, Asri Annuar, Hairul Azlan Abdul Rahman, Abdul Rahim HB126.4 Islamic Economics HG3368 Islamic Banking and Finance The study examines the impact of board and audit committee on the disclosure of Islamic financial and social reporting (IFSR) among Islamic banks in Malaysia. Drawing on surveys this study seeks the views of accountants working in Islamic banks regarding the importance of items in the IFSR index developed by Marsidi et al. (2016). The annual reports are thereafter used to examine the score of the IFSR for the Islamic banks as well as to collect the data for the related variables. The multivariate regression findings suggest that board size is a significant factor in explaining the IFSR at Islamic banks in Malaysia. Such finding indicates that the size of board, which is represented by the number of directors who sit on the board of directors, is a crucial governance mechanism in achieving the aims of Islamic banks. The result also meets the role of corporate governance from the perspective of Islamic agency theory. The results of the study should not be generalised to year’s prior, or after, the years of examination. The finding is perceived as contributing towards the suitable formation of board of directors specifically in terms of the total number of directors with respect to the financial, governance and social disclosures at Islamic banks. The study uses the Islamic agency theory to explain the governance practices and IFSR disclosures within the context of Malaysian Islamic banks. As such, the paper contributes towards the development and sustainability of Islamic banks both in Malaysia and throughout the globe. IIUM Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia (IIUM). 2018 Article PeerReviewed application/pdf en http://irep.iium.edu.my/56231/1/56231_The%20Impact%20of%20Corporate%20Governance.pdf Marsidi, Asri and Annuar, Hairul Azlan and Abdul Rahman, Abdul Rahim (2018) The impact of corporate governance on the financial, governance and social disclosures at Islamic banks in Malaysia. Journal of Islamic Finance, 7 (1). pp. 9-25. ISSN 2289-2109 E-ISSN 2289-2117 http://journals.iium.edu.my/iiibf-journal/index.php/jif/article/view/244
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HB126.4 Islamic Economics HG3368 Islamic Banking and Finance
spellingShingle	HB126.4 Islamic Economics HG3368 Islamic Banking and Finance Marsidi, Asri Annuar, Hairul Azlan Abdul Rahman, Abdul Rahim The impact of corporate governance on the financial, governance and social disclosures at Islamic banks in Malaysia
description	The study examines the impact of board and audit committee on the disclosure of Islamic financial and social reporting (IFSR) among Islamic banks in Malaysia. Drawing on surveys this study seeks the views of accountants working in Islamic banks regarding the importance of items in the IFSR index developed by Marsidi et al. (2016). The annual reports are thereafter used to examine the score of the IFSR for the Islamic banks as well as to collect the data for the related variables. The multivariate regression findings suggest that board size is a significant factor in explaining the IFSR at Islamic banks in Malaysia. Such finding indicates that the size of board, which is represented by the number of directors who sit on the board of directors, is a crucial governance mechanism in achieving the aims of Islamic banks. The result also meets the role of corporate governance from the perspective of Islamic agency theory. The results of the study should not be generalised to year’s prior, or after, the years of examination. The finding is perceived as contributing towards the suitable formation of board of directors specifically in terms of the total number of directors with respect to the financial, governance and social disclosures at Islamic banks. The study uses the Islamic agency theory to explain the governance practices and IFSR disclosures within the context of Malaysian Islamic banks. As such, the paper contributes towards the development and sustainability of Islamic banks both in Malaysia and throughout the globe.
format	Article
author	Marsidi, Asri Annuar, Hairul Azlan Abdul Rahman, Abdul Rahim
author_facet	Marsidi, Asri Annuar, Hairul Azlan Abdul Rahman, Abdul Rahim
author_sort	Marsidi, Asri
title	The impact of corporate governance on the financial, governance and social disclosures at Islamic banks in Malaysia
title_short	The impact of corporate governance on the financial, governance and social disclosures at Islamic banks in Malaysia
title_full	The impact of corporate governance on the financial, governance and social disclosures at Islamic banks in Malaysia
title_fullStr	The impact of corporate governance on the financial, governance and social disclosures at Islamic banks in Malaysia
title_full_unstemmed	The impact of corporate governance on the financial, governance and social disclosures at Islamic banks in Malaysia
title_sort	impact of corporate governance on the financial, governance and social disclosures at islamic banks in malaysia
publisher	IIUM Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia (IIUM).
publishDate	2018
url	http://irep.iium.edu.my/56231/ http://irep.iium.edu.my/56231/ http://irep.iium.edu.my/56231/1/56231_The%20Impact%20of%20Corporate%20Governance.pdf
first_indexed	2023-09-18T21:19:20Z
last_indexed	2023-09-18T21:19:20Z
_version_	1777411775562514432

The impact of corporate governance on the financial, governance and social disclosures at Islamic banks in Malaysia

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