Curtin University Homepage
  • Library
  • Help
    • Admin

    espace - Curtin’s institutional repository

    JavaScript is disabled for your browser. Some features of this site may not work without it.
    View Item 
    • espace Home
    • espace
    • Curtin Research Publications
    • View Item
    • espace Home
    • espace
    • Curtin Research Publications
    • View Item

    Market risk disclosures, corporate governance structure and political connections: evidence from GCC firms

    Access Status
    Fulltext not available
    Authors
    Al-Hadi, Al-Hadi Ahmed
    Al-Yahyaee, K.
    Hussain, S.
    Taylor, Grantley
    Date
    2017
    Type
    Journal Article
    
    Metadata
    Show full item record
    Citation
    Al-Hadi, A.A. and Al-Yahyaee, K. and Hussain, S. and Taylor, G. 2017. Market risk disclosures, corporate governance structure and political connections: evidence from GCC firms. Applied Economics Letters. 25 (19): pp.1346-1350.
    Source Title
    Applied Economics Letters
    DOI
    10.1080/13504851.2017.1420877
    ISSN
    1350-4851
    School
    School of Accounting
    URI
    http://hdl.handle.net/20.500.11937/61174
    Collection
    • Curtin Research Publications
    Abstract

    This paper investigates the joint effect of political connections, in the form of the royal family member on board, and corporate governance on the market risk disclosures of the Gulf Cooperation Council (GCC) financial firms from 2007 to 2011. Previous research suggest that politically connected firms reduce the level of transparency in the GCC. However, we find that better corporate governance improves transparency and can be used as an effective tool in curbing the potentially adverse impact of politically connected board members on firms’ transparency. Our results have important implications for policy makers and can be generalized to other emerging markets.

    Related items

    Showing items related by title, author, creator and subject.

    • How do emerging multinationals configure political connections across institutional contexts?
      Chen, L.; Li, Y.; Fan, David (2018)
      © 2017 Strategic Management Society. Research Summary: Forming informal ties with political agents is viewed as a viable strategy for multinational enterprises seeking to enter emerging countries. Less is known about the ...
    • The Dark Side and Bright Side of Political Connectedness: Evidence from Corrupt Firms
      Leung, Tak Yan; Sharma, Piyush (2019)
      Corruption is a pervasive, destructive, and persistent problem in corporate world. The 2018 Report to the Nations on Occupational Fraud and Abuse finds the loss caused by fraud was more than US$7.1 billion. Although there ...
    • Political connections, institutional investors and dividend payouts in Malaysia
      Benjamin, S.; Zain, M.; Abdul Wahab, Effiezal Aswadi (2016)
      Purpose: The purpose of this study is to examine the agency problem of expropriation using dividends in politically connected firms and the relevance of institutional investors in limiting this problem. The growing presence ...
    Advanced search

    Browse

    Communities & CollectionsIssue DateAuthorTitleSubjectDocument TypeThis CollectionIssue DateAuthorTitleSubjectDocument Type

    My Account

    Admin

    Statistics

    Most Popular ItemsStatistics by CountryMost Popular Authors

    Follow Curtin

    • 
    • 
    • 
    • 
    • 

    CRICOS Provider Code: 00301JABN: 99 143 842 569TEQSA: PRV12158

    Copyright | Disclaimer | Privacy statement | Accessibility

    Curtin would like to pay respect to the Aboriginal and Torres Strait Islander members of our community by acknowledging the traditional owners of the land on which the Perth campus is located, the Whadjuk people of the Nyungar Nation; and on our Kalgoorlie campus, the Wongutha people of the North-Eastern Goldfields.