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首页> 外文期刊>Risk Governance & Control: Financial Markets & Institutions >BOARD DIVERSITY AND CORPORATE VOLUNTARY DISCLOSURE (CVD) IN THE ANNUAL REPORTS OF BANGLADESH
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BOARD DIVERSITY AND CORPORATE VOLUNTARY DISCLOSURE (CVD) IN THE ANNUAL REPORTS OF BANGLADESH

机译:孟加拉国年度报告中的董事会多元化和企业自愿披露(CVD)

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This is an exploratory study designed to investigate the extant and nature of corporate voluntary disclosure (CVD) in corporate annual reports of Bangladesh. Specifically, examine the relationship between board diversity and corporate voluntary disclosures. The paper is based on a sample of 106 listed non-financial companies in Dhaka Stock Exchanges (DSE) from the period 2007-2011 and all the companies are selected by Judgment Sampling. The study is used ordinary least squares regression model to examine the relationship between explanatory variables and voluntary disclosure. Using an unweighted relative disclosure index for measuring voluntary disclosure, the empirical results indicate that Percentage Female Director (PFD), Board Leadership Structure (BLS) and Total Assets (TA) are positively association with corporate voluntary disclosure (CVD). In contrast, the extent of corporate voluntary disclosure is negatively associated with a Percentage of equity owned by the insiders to all equity of the firm higher management ownership.
机译:这是一项探索性研究,旨在调查孟加拉国公司年度报告中公司自愿披露(CVD)的存在和性质。具体而言,检查董事会多元化与公司自愿披露之间的关系。本文基于2007年至2011年期间在达卡证券交易所(DSE)的106家上市非金融公司的样本,所有公司均通过判决抽样选择。该研究使用普通最小二乘回归模型来检验解释变量与自愿披露之间的关系。实证结果使用未加权的相对披露指数来衡量自愿披露,女性董事百分比(PFD),董事会领导结构(BLS)和总资产(TA)与公司自愿披露(CVD)正相关。相比之下,公司自愿披露的程度与内部人所拥有的股权相对于公司更高管理层所有股权的百分比负相关。

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