Risk management committee – Jurnal Pengurusan /jurnalpengurusan Sat, 08 Oct 2022 18:30:13 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 The Comparative Moderating Effect of Risk Management Committee and Audit Committee on the Association Between Voluntary Risk Management Disclosure and Firm Performance /jurnalpengurusan/article/the-comparative-moderating-effect-of-risk-management-committee-and-audit-committee-on-the-association-between-voluntary-risk-management-disclosure-and-firm-performance/?utm_source=rss&utm_medium=rss&utm_campaign=the-comparative-moderating-effect-of-risk-management-committee-and-audit-committee-on-the-association-between-voluntary-risk-management-disclosure-and-firm-performance Sat, 08 Oct 2022 18:30:13 +0000 /jurnalpengurusan/?post_type=article&p=3051 The purpose of this study is to examine the comparative moderating effects of two separate risk governance mechanisms on the relationship between voluntary risk management disclosure (VRMD) and firm performance (FP). This study utilizes content analysis method to collect VRMD data, while FP is measured based on investors’ perspective, represented by Tobin’s Q. Multivariate statistical tests show that the existence of Risk Management Committee (RMC) augmented the association between VRMD and FP. However, the appointment of audit committee (AC) and the quality of AC which are represented by size, independence, education and number of AC meetings, do not have any moderating effect on the relationship between VRMD and FP. The findings suggest that risk governance mechanisms do matter to investors in evaluating risk management information. The findings also provide empirical evidence that should be of interest to the management of company and regulatory bodies in terms of deciding upon whether or not to establish RMC as a separate committee from AC.

]]> The Influences of Risk Management Committee and Audit Committee towards Voluntary Risk Management Disclosure /jurnalpengurusan/article/the-influences-of-risk-management-committee-and-audit-committee-towards-voluntary-risk-management-disclosure/?utm_source=rss&utm_medium=rss&utm_campaign=the-influences-of-risk-management-committee-and-audit-committee-towards-voluntary-risk-management-disclosure Sat, 08 Oct 2022 07:01:44 +0000 /jurnalpengurusan/?post_type=article&p=2038 The main objective of this study is to examine the influences of committees that are being appointed to manage risk towards voluntary risk management disclosure (VRMD) among non-financial companies in Malaysia. Non-financial companies will usually appoint either Risk Management Committee (RMC) or Audit Committee (AC) to manage their risks. Based on resource dependence theory, this study contends that the committees provide risk management resources particularly in terms of risk management information that could influence the VRMD. All data of VRMD, RMC and AC were collected from companies’ annual reports by using content analysis method. The sample in this study consisted of 395 non-financial companies which were listed on Bursa Malaysia in 2011. Our multiple regression results show that RMC presence and AC activeness increase VRMD. Our findings provide evidence that the establishment of RMC could increase the risk management disclosure among companies in Malaysia.

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