- Title
- The effect of corporate governance on segment disclosure in UK firms
- Creator
- Tao, Yi
- Subject
- Segment disclosure, Corporate governance, Firm characteristics, IFRS 8, High quality dissertations
- Date
- 2017
- Type
- Thesis
- Identifier
- http://hdl.handle.net/10004/98057, http://hdl.handle.net.brad.idm.oclc.org/10004/98057, vital:4271, valet-20180112-14299
- Description
- This study aims to examine the relationship between segment disclosure and corporate governance factors, controlling for firm characteristics, for a sample of 73 non-financial firms listed on London Stock Exchange. Segment disclosure is measured by a self-developed disclosure index according to the disclosure requirement of IFRS 8, supported by number of pages, word count, number of line of business segments reported, number of geographical segments reported, and total number of segments reported. The corporate governance factors selected as independent variables including board size, board composition, board diversity, ownership concentration and audit committee size. The firm characteristics selected as control variables consist of firm size, profitability, leverage, and industry type. Results of the analysis show that there is a positive association between board composition and segment disclosure, whereas a negative association has been found between board diversity, audit committee size and segment disclosure. Board size and ownership concentration fails to show any significant relationship with segment disclosure. Firm size and leverage have a positive relationship with segment disclosure, but no significant relationship has been found between profitability and segment disclosure. In addition, firms in basic material industry disclose more segments based on line of business and geography, thus they also tend to disclose more total number of segments. Firms in industrials industry show a significant result that they are positively associated with geographical segments and total number of segments reported.
- Contributor
- Li, Jing, Dr.
- Publisher
- Faculty of Management and Law, Accounting, Finance and Economics
- Language
- EN
- Relation
- Yes
- Rights
- © 2018 University of Bradford. All rights reserved
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Selected high quality dissertations
| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | ATTACHMENT01 | TAO 16024636.pdf | 3 MB | Adobe Acrobat PDF | View Details Download |