Gender diversity on Boards and Forward-looking Information Disclosure: Evidence from Jordan

Aribi, Zakaria Ali orcid iconORCID: 0000-0001-7772-2341, Alqatamin, Rateb Mohammad Hamed and Arun, Thankom Gopinath (2018) Gender diversity on Boards and Forward-looking Information Disclosure: Evidence from Jordan. Journal of Accounting in Emerging Economies, 8 (2). pp. 205-222. ISSN 2042-1168

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Official URL: https://doi.org/10.1108/jaee-05-2016-0039

Abstract

Purpose
The study provides empirical evidence of the relationship between female representation on the board and Forward-looking information (FLI) disclosures.

Design/methodology/approach
The study uses the content analysis to analyse the narrative evidence from the annual financial reports of non-financial Jordanian companies listed on the Amman stock exchange (ASE). The final sample consists of 1206 firm-years observations during the period 2008-2013.

Findings
The study provides evidence that gender diversity on boards positively affect the level of FLI disclosures. Further to this, the study reveals that family firms disclose more information than non-family firms.

Practical implications
Results of this study could be beneficial for a number of users of financial information such as, regulators, investors, auditors and lenders. The users might consider the findings of this study when they are using the company’s financial information. Consequently, users of this information could be better assisted to make right decisions.

Originality/value
This study contributes to the literature by identifying the role of gender on the level of FLI disclosure, particularly on family and non-family, a relatively little researched area.


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