UPSI Digital Repository (UDRep)
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UPSI Digital Repository (UDRep)
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| Abstract : Perpustakaan Tuanku Bainun |
| This study aims to measure the extent of integrated reporting among the top 100 Public
Listed Companies (PLCs) by market capitalization in Malaysia. It also seeks to
examine the influence of the board characteristics (board size, board independence,
board gender diversity, the average age of board members, and board activity level)
on the extent of integrated reporting of the PLCs with the control for the effect of
corporate characteristics (corporate size, financial performance, and leverage). The
sample of this study consists of 99 corporate-year observations from 33 companies of
the top 100 PLCs. Data was collected from integrated reports of the sample companies,
which adopted integrated reporting from 2019 to 2021. The findings reveal that the
average disclosure rate of integrated reports was 71%, with governance having the
highest average disclosure rate of 97%, and risks and opportunities having the lowest
average disclosure rate of 43%. Although board size (_ = 0.645, p > 0.1), board
independence (_ = -0.760, p > 0.1), board gender diversity (_ = 1.083, p > 0.1), average
age of board members (_ = 0.185, p > 0.1), board activity level (_ = -0.046, p > 0.1),
and corporate size (_ = -0.004, p > 0.1) do not exhibit a statistically significant influence
on the extent of integrated reporting, the study emphasized the significance of control
variables, as financial performance (_ = -0.427, p < 0.01), and leverage (_ = -8.812, p
< 0.1) showed significant negative relationships with the extent of integrated reporting.
The observed effects of board characteristics and corporate size on integrated
reporting, though limited, can be attributed to the specific context of Malaysian PLCs
in this study. Notably, the sample size includes the entirety of eligible PLCs within the
population. The findings offer valuable insights for PLCs and stakeholders seeking to
enhance their understanding of the determinants of integrated reporting. This
understanding enables them to make well-considered decisions and improve
corporate transparency. The study contributes to agency theory by investigating the
relationship between board characteristics. In addition, it highlights the potential for the
PLCs to improve their integrated reporting practices and provides actionable
information for the PLCs to identify areas of enhancement. |
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