The influence of corporate governance on the level of corporate internet reporting in Malaysia

Abstract

The objective of this study is to investigate the association between corporate governance structure and the level of Corporate Internet Reporting (CIR) of the Top 100 listed companies based on 2016 market capitalisation in Malaysia. In this study, the checklist of CIR is adopted from prior studies with a total of 42 attributions. Corporate governance structure is measured by board independence, board experience, role duality, and ownership. The result for the level of CIR in Malaysia shows an average of 55.83 percent which can be considered as good. The results for the relationship between corporate governance and the level of CIR shows that role duality has a negative and significant relationship. The finding suggests that Malaysian companies are gradually embracing the role separation concept to ensure check and balance, which leads toward enhanced information dissemination. The result also documented that firm size has a positive and significant relationship with the level of CIR, which suggests that larger firms have a higher level of CIR compared to the smaller firms.