Full text not available from this repository.

Abstract

Purpose: This paper aims to examine the relationship between risk management committees (RMCs) andrisk management disclosure (RMD) quality. Specifically, the existence of stand-alone RMCs and a number ofRMC characteristics, including RMC size, RMC independence, number of RMC meetings and RMC members’human capital is investigated.Design/methodology/approach: The sample comprises top 100 Australian Securities Exchange(ASX)-listed companies during the period between 2010 and 2012, when RMD began to be guided bydetailed recommendations in Australia. Following the RMD framework used by Jia et al. (2016), RMDquality is measured based on its quantity, relevance, width and depth. Ordinary least squares (OLS)regressions were used to test the relationship between stand-alone RMC, RMC characteristics and RMDquality.Findings: The results show that the existence of a stand-alone RMC, the human capital of RMC and RMCsize are positively associated with RMD quality. In contrast, RMC independence and the number of RMCmeetings are not found to have a significant association with RMD quality.Originality/value: This study contributes to the current RMD literature by investigating whether astand-alone RMC and different RMC characteristics are associated with RMD quality. The results of thisstudy provide useful and new empirical evidence about the relationship between RMCs and RMD quality forresearchers, companies, and regulators.

Item Type:	Article
Authors/Creators:	Jia, J and Li, Z and Munro, L
Keywords:	human capital, risk management disclosure, risk management committee
Journal or Publication Title:	Pacific Accounting Review
Publisher:	Emerald Publishing Limited
ISSN:	0114-0582
DOI / ID Number:	https://doi.org/10.1108/PAR-11-2018-0097
Copyright Information:	Copyright © 2019, Emerald Publishing Limited
Item Statistics:	View statistics for this item

Actions (login required)

Item Control Page