Publication:
Environment, social and governance (ESG) disclosure, governance mechanisms and Shariah committee (SC) characteristics at Islamic financial institutions (IFIs)
Abstract
One of important non-financial information to be disclosed by IFIs is the information related to environment, social and governance (ESG) matters. Solid ESG practices result in lower risk and better operational performance of firm. The increasing cases of corporate collapse over non-financial issues during the last decades have highlighted the importance of ESG disclosure. IFIs have been seen left behind in term of providing their stakeholders with enough information to the stakeholders' attached surrounding from environmental aspect. In addition of that , the study examines SC characteristics from SC size, SC meeting and international member on the linkages between governance mechanisms and ESG disclosure. The SC characteristics are utilized as the moderating variables as SC is the additional layer Shariah governance of IFIs. They are suggested to moderate the linkages between BOD characteristic and ESG disclosure, and not other governance mechanism such as AC characteristics and disclosure quality as the SC can indirectly influence the BOD on the ESG disclosure decision. The results of the descriptive statistics reveal the low extent of ESG disclosure by 16 IFls in Malaysia ...
Keywords
ESG disclosure , Governance mechanisms , Shariah Committee , Islamic financial institutions (IFIs)
Citation
Hussin, Syaryanti. (2019). Environment, social and governance (ESG) disclosure, governance mechanisms and Shariah committee (SC) characteristics at Islamic financial institutions (IFIs) (Doctoral dissertation). INCEIF, Kuala Lumpur. Retrieved from https://ikr.inceif.org/handle/INCEIF/3152
Publisher
INCEIF
Available in physical copy only (Call Number: t HC 79 E5 S981)