Risk Management Committee and Disclosure of Hedging Activities Information Among Malaysian Listed Companies
Abdullah A., and Ku Ismail, K.N.I (2015). Risk Management Committee and Disclosure of Hedging Activities Information Among Malaysian Listed Companies. Advanced Science Letters, 21(6), pp. 1871-1874
9 Pages Posted: 10 Feb 2016 Last revised: 22 Aug 2016
Date Written: March 12, 2015
This paper examines the relationship between Risk Management Committee (RMC) characteristics and the extent of hedging activities disclosure within the annual reports of the Malaysian listed companies. In particular, relationships are tested on RMC size, independence, RMC meeting, RMC gender diversity and RMC training. Our regression analysis shows that RMC independence significantly and negatively influences the extent of hedging activities information disclosure, while RMC meeting positively influences the disclosure. The implications of these findings are discussed.
Keywords: Financial Instruments, Hedging Activities, Disclosure Index, Risk Management Committee, Investment Information, Hedge Accounting
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