Mohd Ariffin, Mohd Shazwan and Wan-Hussin, Wan Nordin and Abdul Malak, Siti Seri Delima and Kamaruzaman, Ili Syahirah (2024) Shareholders’ monitoring and online disclosures of minutes of shareholders’ meeting. Asian Academy of Management Journal of Accounting and Finance, 29 (1). pp. 229-254. ISSN 1823-4992

Preview

PDF - Published Version Available under License Attribution 4.0 International (CC BY 4.0). Download (424kB) | Preview

Abstract

Making detailed annual general meeting (AGM) minutes available online allows absentee investors to understand the discussion that took place during the AGM, and other interested parties to gauge the intensity of investor activism and stakeholder engagement from the questions posed. This paper investigated the effects of shareholders’ monitoring through the Minority Shareholders Watch Group (MSWG), the Employees Provident Fund (EPF), and other government-linked institutions on corporate communication via minutes of shareholders’ meeting. This study also incorporated firm size, audit quality, profitability, and grey directors as control variables. Based on a sample of 261 listed firms with financial year ended 31 December 2016 who held their AGMs in 2017, the findings showed that shareholders’ monitoring through the MSWG, EPF, and other government-linked institutions were significant and positively associated with corporate transparency. This implies that minority and institutional shareholders’ activism can be the advocate in pushing for dissemination of online corporate disclosure to enhance the information environment, in align with agency theory

Item Type:	Article
Uncontrolled Keywords:	corporate websites, disclosure choice, gatekeeper, shareholder activism, voluntary disclosure
Subjects:	K Law > KF United States Federal Law
Divisions:	Othman Yeop Abdullah Graduate School of Business
Depositing User:	Mr. Izhar Hj. Hashim
Date Deposited:	03 Nov 2026 12:04
Last Modified:	03 Nov 2026 12:04
URI:	https://repo.uum.edu.my/id/eprint/34593

Actions (login required)

View Item