Previous Issues
Volume :18 Issue : 1 2011
Add To Cart
Download
Composition of Corporate Board of Directors and Voluntary Disclosure in the Annual Reports: The Case of Kuwait
Auther : Faisal S. Alanezi
This study investigates the association between the composition of a corporate board of directors (represented by cross-directorships, CEO duality, and board size) and the level of voluntary disclosure practices in Kuwait. Regression analysis for a sample of 119 Kuwaiti companies listed on the Kuwait Stock Exchange (KSE) at the end of 2007 reveals that the cross-directorships, company size, company age, and leverage are the most important variables explaining the voluntary disclosure of Kuwaiti companies. In contrast the other independent variables (board size, CEO duality and industry categories) do not emerge as being statistically significant in explaining the voluntary disclosure of Kuwaiti companies.