@article{darus2016board,
  title = {Board Characteristics and the Extent of Social and Environmental Risks Disclosure},
  author = {Faizah Darus and Tamoi Janggu},
  year = 2016,
  url = {https://ibimapublishing.com/articles/JAARP/2016/150257/},
  journal = {Journal of Accounting and Auditing: Research & Practice},
  volume = (2016),
  pages = 11,
  doi = 10.5171/2016.150257,
  abstract = {The environmental impact from activities related to palm oil plantations has been a debatable issue worldwide. The Plantation industry in Malaysia, which comprises mostly palm oil companies, is becoming aware of the need to pursue a sustainable palm oil production to remain relevant. The aim of this study is to examine the extent to which plantation companies in Malaysia address their social and environmental risks and the role of the board of directors in motivating the disclosure of social and environmental risk information. The study uses the agency theory to provide arguments for the provision of such information to stakeholders. Content analyses of the annual and sustainability reports of forty (40) public-listed companies in the plantation industry for the year 2013 were examined to identify the quantity of risk management disclosure. The data for the multiple regressions were analyzed using the Structural Equation Modelling technique of Partial Least Squares (SEM-PLS). The results of the study revealed that Community Involvement was the most disclosed item for social risks while for environmental risks, the companies were concerned with Pollution Abatement/Environment awareness risk management issues. Board professionalism was significant in inducing management to provide risk management information to stakeholders. However, board interlock and board size were not significant drivers of risk management disclosure.  The findings from the study provide evidence that the Plantation industry in Malaysia is aware of their social and environmental risks and are taking steps to address these issues. 
 },
  keywords = {Corporate Governance; Social and Environmental Risks Management; Board Characteristics},
  note = Article ID: 150257
}