Corporate governance and the timeliness of corporate internet reporting by U.K. listed companies

By Omneya H. Abdelsalam, Donna L. Street. 2007

176 citations recorded by the source corpus.

This study is an examination of the timeliness of corporate internet reporting by U.K. companies listed on the London Stock Exchange (LSE). The research examines the significance of several corporate governance and firm-specific characteristics as potential determinants of the timeliness of corporate internet reporting. Our primary analysis provides evidence of a significant association between timely corporate internet reporting and the corporate governance characteristics of board experience and board independence. Our findings provide evidence that boards with less cross directorships, more experience in terms of the average age of directors, and lower length in service for executive directors provide more timely corporate internet reporting. We find that board independence is negatively associated with timely corporate internet reporting. Follow-up analysis provides additional evidence of a significant association between the timeliness of corporate internet reporting and board experience. The evidence indicates that role duality and block ownership are associated with less timely corporate internet reporting. Our findings also reveal strengths and weaknesses in the Internet reporting of U.K. listed companies. Companies need to voluntarily focus on improving the timeliness dimension of their corporate internet reporting so that the EU and U.K. accounting regulators do not replace recommendations with regulations. © 2007 Elsevier Inc. All rights reserved.

Subfields: Accounting

View Paper: https://www.semanticscholar.org/paper/f2e0b1caa5e794adcabe4e35d2a02bb3d14a7669

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Citations in the corpus

Corporate Governance and Audit Report Lag in Malaysia (2010, unknown): “These include Forker (1992), Ho and Wong (2001), Gul and Leung (2004), Abdelsalam and Street (2007), Cerbioni and Parbonetti (2007), Huafang and Jinguo (2007) and Sarkar, Sarkar and Sen (2008).”
The extent of corporate governance disclosure and its determinants in a developing market: The case of Egypt (2012, result): “Prior research supports the positive association between voluntary disclosure and board independence (i.e. Abdelsalam & Street, 2007; Adams, Hill, & Roberts, 1998 and Chen and Jaggi (2000).”
Corporate Boards and Ownership Structure as Antecedents of Corporate Governance Disclosure in Saudi Arabian Publicly Listed Corporations (2018, background): “…and the findings of past studies, which suggest that BONR impacts negatively on voluntary CG and CSR disclosures (Patel et al., 2002; Alsaeed, 2006; Abdelsalam & Street, 2007; Bozec & Bozec, 2007; Ntim et al., 2012a, b; Ntim & Soobaroyen, 2013a, b), but is not in line with the results of those…”
The impact of corporate governance on the timeliness of corporate internet reporting by Egyptian listed companies (2008, background): “Many regulatory agencies and listing authorities around the world have issued requirements and recommendations regarding the timely disclosure of financial information ( Abdelsalam and Street, 2007”
The impact of board and audit committee characteristics on voluntary disclosure: A meta-analysis (2015, background): “While Adams and Hossain (1998) and Cheng and Courtenay (2006) find a significant positive association between voluntary disclosure and board composition, Abdelsalam and Street (2007) and Eng and Mak (2003) document a negative association between both variables.”