This study empirically investigates whether board size, non-executive directors on the remuneration committee, and the non-executive directors on the audit committee affect narrative human disclosure (NAHCD) in firms when non-executive directors dominate the board composition. NAHCD are measured by their frequency of occurrence, using latent content analysis in the annual report of the top 30 listed firms on the Colombo Stock Exchange from 1988 to 2006. Using he corporate governance attribute mentioned in the Code of Best Practice on Corporate Governance in Sri Lanka, it examines five attributes of corporate governance controlling for firm-level attributes. Findings reveal that the board size and the number of non-executive directors on the resumeration committee havea positive influence on NAHCD. Firm size is also positively associated with NAHCD. The findings provide a basis for the resource dependence perspective of firms corporate governance for NAHCD. Thw findings highlight the importance of considering a ffirm's board composition and non-exectuvive director involvement in the resumenation committee when determining NAHCD strategy.
|Publication status||Published - 2010|
|Event||Finance and Corporate Governance Conference - La Trobe University, Melbourne, Australia|
Duration: 7 Apr 2010 → 9 Apr 2010
|Conference||Finance and Corporate Governance Conference|
|Period||7/04/10 → 9/04/10|
Abeysekera, I. (2010). An empirical analysis of the relationship between board size and committees, and narrative human capital disclosure.. Paper presented at Finance and Corporate Governance Conference, Melbourne, Australia.