Management Disclosure Research Articles

Transparency of sustainability disclosure in agri-food value chain management: Mapping the scientific landscape

Sustainability transparency in agri-food value chains is crucial for fostering accountability, enhancing consumer trust, facilitating compliance with regulatory standards, and ultimately contributing to the resilience and sustainability of food systems in the face of social, environmental, and economic challenges. This paper aims to conduct bibliometric mapping and a systematic review of the scientific landscape concerning transparency of sustainability disclosure in agri-food value chains by identifying the key transparency dimensions and relevant research gaps. An analysis of 841 Scopus-indexed publications, utilizing Scopus tools, SciVal, VOS Viewer, and Biblioshiny software, yields insights into source and author mapping from 2000 to 2022. Bibliometric analysis underlines the increase in research interests in transparency of sustainability disclosure in agri-food value chains after Sustainable Development Goals adoption and the COVID-19 pandemic, following upwards trend, especially in the UK, India, and the USA. The most influential topic clusters are supply chain, environmentally preferable purchasing, and green practices, as well as Bitcoin, Ethereum, and Internet of Things with the strongest co-occurrences between transparency (as the most recent notion in scientific landscape) and sustainability, traceability, supply chains, food supply, and blockchain. Systematic review highlights the evidence that transparency as boundary-spanning phenomenon is explored within the mono-country and chain researches, case studies and interviews methodologies from triple bottom line dimension mainly, only introducing governance criteria. Research gaps were identified regarding the role of transparency in different economic system and chains; sustainability conceptual framework used; transparency dimensions incorporation; technology-driven progress and other chain characteristics (traceability, resilience) intersection. AcknowledgmentsInna Makarenko is gratefully acknowledging the support of MSCA4Ukraine project no. 1233713.

Strategic management of tax disclosure: asymmetric timeliness of tax footnote modifications

AbstractPrevious studies have shown that qualitative disclosure contains information that facilitates the assessment of future firm outcomes. We first connect to this literature on early signals by showing that qualitative disclosure also specifically contains information about future ETR as one relevant firm outcome. Using the tax footnote from 10-K filings of all publicly traded U.S. firms over the period from 2000 to 2021, we show that year-over-year tax footnote modifications are an early signal of impending changes in ETR. When specifically considering the timeliness of this signal, we find that tax footnote modifications are associated with future changes in ETR at least three years in advance. Second, we investigate, as our main focus of analysis, asymmetry in timeliness. Here, we find that tax footnote modifications preceding increases in ETR occur relatively earlier (and are greater) than do (are) tax footnote modifications preceding decreases in ETR. We additionally use word lists to directly identify relevant underlying processes for changes in ETR and to investigate asymmetric timeliness conditional on the underlying process. Overall, our results indicate that firms strategically manage their tax disclosure in accordance with the ”accounting conservatism” hypothesis proposed by Basu (1997).

Pengaruh Solvabilitas, Profitabilitas, Kepemilikan Institusional, Dewan Komisaris Independen, dan Kepemilikan Publik terhadap Pengungkapan Manajemen Risiko: Studi pada Perusahaan Sub-sektor Perbankan yang Terdaftar di Bursa Efek Indonesia Tahun 2018-2022

The object of this research is a banking sub-sector company listed on the Indonesia Stock Exchange for the period 2018-2022. This study aims to determine the effect of leevrage, profitability, institutional ownership, independent board of commissioners, and public ownership as independent variables and risk management disclosure as the dependent variable. This study used 35 companies, so there were a total of 175 samples used. The study used purposive sampling as a sample selection method used for the selection of certain criteria. This study applied descriptive statistical analysis method and panel data regression analysis. The results of this study show that all variables simultaneously influence risk management disclosure. Meanwhile, leverage, profitability, and independent board of commissioners each have no effect. Meanwhile, institutional ownership and public ownership positively affect risk management disclosure.

Building a social identity theory of stigmatized sexual practice: Exploring BDSM practitioner identity formation within interviews from an Israeli sample

ABSTRACT Despite growing interest in the psychologies and social lives of those involved in BDSM, we know too little regarding BDSM identity formation. To address this, we integrate theories of group psychology and social interaction to explore BDSM identity formation and negotiation. Thematic analysis of 16 in-depth interviews with a convenience sample of Israeli BDSM practitioners, suggests three important aspects of BDSM personal and group identity development, including disclosure management, community discovery and involvement, and negotiating evolving personal identities within the group. Practitioners describe negotiating identity disclosure; successful, failed, or declined integration into BDSM communities; and negotiating shifting identities. BDSM practitioners must navigate whether and how personal identities fit with sexual norms within a larger societal context (e.g., Israel) and within BDSM communities, risking stigma when violating these standards. Yet, we find that, while groups constrain, they also provide support for those who challenge social constraints.

Voluntary disclosure of verifiable information with general preferences and information endowment uncertainty

AbstractWe study a voluntary disclosure model with verifiable information, a range of sender and receiver preferences, and uncertainty about whether the sender is informed. When a sender's preferences are insensitive to the state relative to the receiver's, a sender discloses moderate news and suppresses extreme news. We also find a partial revelation equilibrium where the sender's message is an interval containing the realized state. When a sender's preferences are sensitive to the state relative to the receiver's, the sender withholds moderate news and discloses extreme news. The latter disclosure is more consistent with extant empirical findings about voluntary managerial disclosure.

Ambiguity or specificity: The influence of merchant guild culture on managers' disclosure strategy

AbstractRecent studies indicate that culture attributes significantly influence corporate behaviour. Building on this, our study explores how merchant guild culture (MGC) influences firms' voluntary disclosure practices, specifically through managerial disclosure strategies. Analysing data from Chinese listed firms between 2010 and 2022, we found that MGC significantly reduces the specificity of managerial responses at earnings communication conferences (ECCs). This suggests that firms influenced by MGC favour ambiguous communication, aligning with the value to mitigate competitive risks. Our findings deepen the understanding of cultural influences on corporate disclosure practices and extend literature on the role of informal institutions in corporate behaviours.

The Influence of Intellectual Capital, Audit Fee, and Ownership Concentration on Enterprise Risk Management Disclosure

This study explores the influence of financial literacy, attitudes towards money, and financial pressures on the financial well-being of non-profit workers in Indonesia, an issue that is relevant given the high social activity but lack of attention to workers' financial well-being, especially with the majority being low-income. Using the purposive sampling method on 108 respondents from various regions in Indonesia, the study revealed that financial literacy had a significant positive influence on financial well-being, while attitudes towards money had no significant effect. Conversely, financial stress had a significant negative influence on the financial well-being of non-profit workers. These findings underline the need for enhancing financial literacy and addressing financial pressures to improve workers' financial well-being. The study contributes both theoretically and practically by offering insights into the financial behavior of non-profit workers and highlighting the importance of targeted financial education programs for this sector.

Determinants of Risk Management Disclosure Study of Banking Sub-Sector Companies Listed on the Indonesia Stock Exchange

This research aims to analyze how risk management disclosure is seen from the implementation of corporate governance (institutional ownership, audit committee, independent commissioner) and company size, which is the main issue of this article, which business actors hope can mitigate business risks. The population of this research is banking industry companies listed on the Indonesia Stock Exchange for the 2018-2020 period. The research sampling technique that the researcher used was purposive sampling. The analysis technique that researchers use is multiple regression analysis and descriptive statistics. The data analysis that researchers used was with the help of the SPSS version 26 application. The results of this research simultaneously show that company size, audit committee, independent commissioner and institutional ownership jointly influence risk management disclosure. Partially, company size has an effect and is not significant on risk management disclosure, the audit committee has a significant effect on risk management disclosure. independent commissioners have an inversely proportional effect on risk management disclosures, there is an influence of institutional ownership which is not significant and inversely proportional to risk management disclosures

GREEN ACCOUNTING PRACTICES AND VALUE OF LISTED FIRMS IN NIGERIA

Objective: The purpose of this research was to analyze the effect of green accounting practices on the value of publicly traded Nigerian companies. Theoretical Framework: In this topic, the main concepts and theories that underpin the research are environmental accounting and stakeholder theory, providing a solid basis for understanding the context of the investigation. Method: The methodology adopted for this research was the ex-post facto research design. Data collection was carried out through stratified sampling, employing secondary data from the annual report of 18 listed firms on the Nigerian stock exchange. Secondary data from 2012 to 2021 period were collected from the annual report of listed firms on the Nigerian stock market. The panel Generalized Method of Moments was used in this investigation as well as other econometric tests. Results and Discussion: The results demonstrated that green accounting practices (waste management disclosure (WMD)) is not significantly related to Tobin's Q (TQ), but was positively and significantly related to price earnings ratio (PE). Research Implications: These findings indicate that while green accounting is essential for ensuring long-term sustainability, its present adoption and acknowledgement in Nigeria may need further progress in order to fully achieve its projected advantages. In conclusion, policymakers should do the following: promote stakeholder engagement, embed green accounting methods into business systems and support environmental preservation. Originality/Value: The present study enhances the current body of knowledge by offering an in-depth examination of the influence of green accounting practices on the value of companies in Nigeria. While there has been research on green accounting practices, there seems to be a gap in the African setting as most studies are focused on developed nations and not emerging economies.

Nexus between Returns on Equity and Disclosures of Greenhouse Gas Emissions, Waste Management, and Renewable Energy

Environmental sustainability is now being continuously researched in almost all areas of humankind. This study investigated the impact of environmental sustainability disclosures (proxy by renewable energy disclosures, Greenhouse Gas Emissions disclosures, and waste management disclosures) on the returns on equity of sampled Quoted Nigerian Financial Institutions. Purposely, Fourteen Quoted Nigerian Financial Institutions on the Nigerian Exchange Group were taken as the sample size for this study. The study spanned a period of 9 years from 2013 to 2021. The analysis was carried out using panel data and employing multiple regression models to assess the relationships between the variables using secondary data collated from the annual reports of Quoted Nigerian Financial Institutions. The findings of the study reveal that the impact of renewable energy disclosures (with coefficient estimate = -0.19295, t-value = -1.41 and p-value = 0.16), Greenhouse Gas Emissions disclosures (with coefficient estimate = -0.16105 & the t-value = -1.18 p-value = 0.239, and waste management disclosures (with coefficient estimate = 0.124013, the t-value of 1 and p-value = 0.317) on returns on equity is not significant. This study concluded that the relationship between return on equity and environmental sustainability variables disclosures (proxy by Renewable Energy Disclosure and Greenhouse Gas Emissions) is unrelated.

The Effect of Company Risk Management Disclosure, Intellectual Capital on Company Value And Company Size as Moderating Variables

The Effect of Company Risk Management Disclosure, Intellectual Capital on Company Value And Company Size as Moderating Variables

Corporate anticorruption disclosure and earnings management: the moderating role of board gender diversity

Corporate anticorruption disclosure and earnings management: the moderating role of board gender diversity

The Influence of Profitability, Leverage, Company Size, Ownership Structure and Board of Commissioners on Risk Management Disclosure

The Influence of Profitability, Leverage, Company Size, Ownership Structure and Board of Commissioners on Risk Management Disclosure

Developing Enterprise Risk Management Disclosure Index using Factor Analysis

This study aims to explore the Enterprise Risk Management (ERM) disclosure by publicly listed firms in Malaysia. This study analyses a sample of 832 non-financial publicly listed firms in Malaysia between 2016-2019. This study used a more comprehensive index by embedding COSO-integrated ERM framework 2017 and ISO 31000. The data is analyzed using factor analysis to develop the ERM disclosure index. The results show that ERM disclosure consists of 4 main components: governance and culture, performance, objective setting, and reporting approach. Meanwhile, the level of ERM disclosure is still at a moderate level.

The Influence of Company Size on Risk Management Disclosure With Good Corporate Governance as a Moderation Variable in the Company Listed Property and Real Estate on the Indonesian Stock Exchange (IDX)

The purpose of this study is to examine how firm size affects risk management disclosure in property and real estate companies listed on the Indonesia Stock Exchange, using Good Corporate Governance (GCG) as a moderating factor. In this study, company size is the independent variable, risk management disclosure is the dependent variable, and GCG serves as a moderating variable. Associative, quantitative research methodology is employed, and linear analysis techniques are applied for analysis. Using a purposive sample approach, the study's population consists of property and real estate companies listed between 2018-2021 on the Indonesia Stock Exchange. The study's findings indicate that risk management disclosure is significantly impacted by a company's size. Nevertheless, in the context of property and real estate businesses listed on the Indonesia Stock Exchange for the examined period, GCG was not demonstrated to be able to control the relationship between company size and risk management disclosure

Narrative Tone and Facial Emotion Management of Risk Disclosure in Crowdfunding

Narrative Tone and Facial Emotion Management of Risk Disclosure in Crowdfunding

Heterogeneous risk disclosure and earnings management motivation: evidence from China’s IPO market

Purpose Heterogeneous risk disclosure has been proven to improve the efficiency of new stock issuance, but excessive risk disclosure during the IPO may lead to irrational underestimation of the company, which is different from the original intention of management's detailed disclosure. Therefore, this study aims to examine the impact of IPO heterogeneous risk disclosure on earnings management motivations from the information transfer perspective of earnings management. Design/methodology/approach The sample includes 2,000 listed companies listed firms on Shanghai and Shenzhen Stock Exchanges from 2007 to 2022. This study uses the pretrained ERNIE model to measure text similarity in the prospectus to measure the heterogeneity of IPO risk disclosure. Findings This study empirically finds that heterogeneous IPO risk disclosure suppresses the opportunistic motivation of earnings management because managers tend to use earnings management to leverage information transmission functions. Such an effect is more pronounced in firms with higher analyst attention, lower marketization levels and non-state-owned. And heterogeneous risk disclosure may inhibit management’s over-investment behavior, thereby reducing the possibility of management engaging in opportunistic earnings management. Besides, price discounts are used to distinguish opportunistic and non-opportunistic earnings management and carry out a quasi-natural experimental design to demonstrate that marketization can enhance the relationship between heterogeneous risk disclosure and earnings management. Originality/value This study contributes evidence regarding the economic consequences of managerial earnings management behavior related to heterogeneous IPO risk disclosure. It supports highlighted firms in the IPO risk information disclosure to mitigate potential adverse outcomes through earnings management. This contributes to the literature and enhances information transparency in the capital market, fostering the healthy development of China’s capital market.

The Effect of the Auditor’s Confirmation of Firms’ Disclosure of Political Instability Management on the Decision to Invest in Stocks

This study aims to investigate the impact of geopolitical, financial, and human factors on foreign direct investment flows. The results revealed that the reality of foreign direct investment explains the political, financial, and human factors, in varying proportions, with significant significance. The positive impact of each of them is on controlling corruption. Governments use foreign direct investment activity as a main tool for growth and development. State and local governments are often responsible for attracting foreign direct investment, and foreign investors prefer countries that enjoy stability and have predictable investment environments by providing clear standards for dealing and having predictable legislation and regulatory parties in which the negotiating parties are clear, and that The absence of clear parties for implementation regarding ownership, taxes, dispute settlement, and instructions, so the investor is afraid of interfering with burdensome administrative resources and unpredictable laws and instructions Keywords: Auditor’s Confirmation – Disclosure – Political Instability – investment Decision.

Interpersonal Communication Competence: The Role of Sex, Parenting Styles, and Attachment Styles

An individual’s capability and capacity for interpersonal communication is heavily dependent on environmental, personal, and social factors. This study explores the effects of sex, parenting styles experienced, and attachment styles on the interpersonal communication competence of adolescents. A sample of 240 senior high school students from De La Salle University Integrated School Manila was selected through convenience sampling. Results reveal that adolescent senior high school students are above average in overall interpersonal communication competence. They are excellent in the emotional support dimension of ICC and above average in the initiation, negative assertion, disclosure, and conflict management dimensions. Sex, parenting styles of mothers and fathers, and attachment style have no significant effect on the initiation and negative assertion dimensions of ICC. However, sex has significant effects on the emotional support and conflict management dimensions of ICC. Data show that females are significantly better at emotional support and conflict management regardless of attachment style, except for adolescents with an anxious attachment style, where males are better than females at emotional support and conflict management. On the other hand, only sex has a significant effect on the overall ICC of adolescent senior high school students.

The Role of Corporate Governance in Enterprise Risk Management (ERM) Disclosure

The purpose of this study is to determine the effect of the existence of the risk management committee, the reputation of the auditor, and the size of the board of commissioners on the disclosure of enterprise risk management (ERM). The existence of the risk management committee is measured by a dummy variable proxy, Which is used to gauge auditor reputation, and the total number of commissioners on the board is used to gauge the board's size. The measurement of ERM disclosure as a dependent variable is measured by disclosure items based on the ERM Framework issued by COSO (2004). Using the purposive sample approach, this study examined a subset of businesses that were listed in the LQ45 Index from 2012 to 2014. The data used is obtained from the annual report listed on the Indonesia Stock Exchange. There were 15 companies during 2012-2014 that met the criteria. The analysis method used is multiple linear regression analysis. The results showed that the existence of the risk management committee and the reputation of the auditor had a significant effect on the disclosure of enterprise risk management, while the size of the board of commissioners did not have a significant effect on the disclosure of enterprise risk management.