File(s) under permanent embargo
Board leadership, outside directors’ expertise and voluntary corporate disclosures
This study examines the linkages between board leadership structure in terms of CEO duality (CEOs who jointly serve as board chairs), the proportion of expert outside directors on the board (PENEDs) and voluntary corporate disclosures. Regression analyses of observations from 385 Hong Kong companies show that CEO duality is associated with lower levels of voluntary corporate disclosures. However, the negative CEO duality/voluntary disclosure association is weaker for firms with higher PENEDs suggesting that the expertise of non-executive directors (NEDs) moderates the CEO duality/corporate disclosures relationship.
History
Journal
Journal of accounting and public policyVolume
23Issue
5Pagination
351 - 379Publisher
ElsevierLocation
Amsterdam, The NetherlandsPublisher DOI
ISSN
0278-4254Language
engPublication classification
C Journal article; C1.1 Refereed article in a scholarly journalCopyright notice
2004, ElsevierUsage metrics
Categories
No categories selectedLicence
Exports
RefWorks
BibTeX
Ref. manager
Endnote
DataCite
NLM
DC