The effect of vice-chancellor characteristics and internal governance mechanisms on voluntary disclosures in UK higher education institutions

Elmagrhi M. H., NTIM C., Wang Y., Elamer A., Crossley R.

Journal of International Accounting, Auditing and Taxation, vol.45, 2021 (ESCI, Scopus) identifier

  • Nəşrin Növü: Article / Article
  • Cild: 45
  • Nəşr tarixi: 2021
  • Doi nömrəsi: 10.1016/j.intaccaudtax.2021.100428
  • jurnalın adı: Journal of International Accounting, Auditing and Taxation
  • Jurnalın baxıldığı indekslər: Emerging Sources Citation Index (ESCI), Scopus, International Bibliography of Social Sciences, ABI/INFORM, Business Source Elite, Business Source Premier, DIALNET
  • Açar sözlər: Governance quality, Reforms, UK higher education institutions (HEIs), Voluntary disclosure
  • Açıq Arxiv Kolleksiyası: Məqalə
  • Adres: Bəli

Qısa məlumat

This study examines the extent to which UK higher education institutions (HEIs) voluntarily make governance disclosures, and investigates whether vice-chancellor characteristics and governing board mechanisms influence such voluntary governance disclosures. Using a sample of 117 UK HEIs over a 6-year period (i.e., 702 university-year observations), we find that the level of governance disclosures among HEIs in the UK is generally low, which is consistent with the findings of earlier studies on the general disclosure practices among HEIs. We also find that vice-chancellor characteristics and governing board mechanisms have a significant impact on voluntary governance disclosures. Specifically, we find a positive and significant association among vice-chancellor tenure, governing board independence, governing board meetings, the presence of a governance committee, and voluntary governance disclosures. By contrast, we find that vice-chancellor age and governing board ethnic/gender diversity have a negative association with the governance disclosures, whereas vice-chancellor gender and education background have no association with the governance disclosures.