OWNERSHIP AND SEGMENT DISCLOSURE: MODERATING EFFECT OF COMPETITIVENESS IN MALAYSIA

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Jalila Johari Susela Selvaraj Devi Sureshchandra Ramachandra

Abstract

This paper aims to investigate whether firm and industry level of competitiveness has had a moderating effect on the level of segmentdisclosure, prior to the introduction of IFRS 8 – operating segments for companies, with differing ownership structures in Malaysia. A selfconstructedsegment disclosure index using data was drawn from firms listed in the Malaysian stock exchange for the period of 2006 to 2008.A total of 1,752 firm-year observations were used. The results show that competitiveness, either at the firm level or industry level experienced noeffect on the extent of segment disclosures during the duration of pre-IFRS 8. However, the findings suggest that accounting qualifications of auditcommittee members, sizes of firms, years of listing, profitability and analyst following of the firms have significantly explain the extent to which segmentinformation was disclosed in Malaysia.
Keywords: Segment disclosure, ownership concentration, emerging market,competitiveness

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How to Cite
JOHARI, Jalila; SELVARAJ DEVI, Susela; RAMACHANDRA, Sureshchandra. OWNERSHIP AND SEGMENT DISCLOSURE: MODERATING EFFECT OF COMPETITIVENESS IN MALAYSIA. Management & Accounting Review (MAR), [S.l.], v. 15, n. 1, p. 225-249, june 2016. ISSN 2550-1895. Available at: <http://arionline.uitm.edu.my/ojs/index.php/MAR/article/view/570>. Date accessed: 19 dec. 2018.
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