Audit committee characteristics, women director, and corporate social responsibility disclosure in Malaysia / Aida Nabilah Ahmed Soekarno

Corporate social responsibility (CSR) is one of the topics that academics, employers, researchers, communities, and governments around the world place the most emphasis on. Despite the fact that corporate social responsibility participation varies across economies and cultures, mandatory and voluntary CSR reporting is becoming increasingly important throughout the world as a result of pressure from various stakeholders, particularly the government, international organisations, and local communities. The corporate social reporting of Malaysian businesses has improved over time and is currently the best in the ASEAN countries. This study examines the relationship between the women director and audit committee’s characteristics on corporate social responsibility disclosure of companies listed in Bursa Malaysia. Using the agency and legitimacy theory, the study provides empirical evidence on the significant contributions of women directors and audit committee’s size and independent, towards the CSR disclosure in 100 companies. The results reveal that women directors and audit committee’s size have significant and positive impact on the level of CSR disclosure, while audit committee’s independent, has no impact. Insights gained from the study are useful for industrial practitioners and scholars of related fields.