Author Identifier (ORCID)

Zubaidah Ismail: https://orcid.org/0000-0002-9237-6122

Abstract

This study aims to investigate how transparency affects the company’s performance. Transparency in corporate governance is crucial to prevent misconduct, encourage accountability, and integrity, and ultimately, enhance sustainable performance in businesses. In contrast, inadequate disclosure of information can lead to business scandals and fraud, diminishing trust in institutions, harming stakeholders, and adversely affecting the entire economy (Salin et al., 2019). The study measures transparency through firm disclosure policy and website informativeness. This study employs archival analysis of the annual reports of the top 500 publicly listed firms in Malaysia based on market capitalization. Nine items were created to assess the independent variables, while the dependent variable was business performance, represented by return on equity (ROE), return on assets (ROA), Tobin’s Q, and market-to-book ratio (MTB). This study concludes that there is no substantial association between the company’s disclosure policy and website informativeness and corporate performance, leading to the rejection of both hypotheses. In the age of digital transformation and artificial intelligence, companies have various alternative methods to disseminate information besides annual reports and websites.

Document Type

Journal Article

Date of Publication

1-1-2024

Volume

13

Issue

4 Special Issue

Publication Title

Journal of Governance and Regulation

Publisher

Virtus Interpress

School

School of Business and Law

RAS ID

77886

Creative Commons License

Creative Commons Attribution 4.0 License
This work is licensed under a Creative Commons Attribution 4.0 License.

Comments

Salin, A. S. A. P., Ismail, Z., & Smith, M. (2024). The impact of corporate disclosure and website informativeness on enhancing corporate governance and performance. Journal of Governance and Regulation, 13(4), 306-315. https://doi.org/10.22495/jgrv13i4siart9

First Page

306

Last Page

315

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Link to publisher version (DOI)

10.22495/jgrv13i4siart9