IDEAS home Printed from https://ideas.repec.org/a/eee/reveco/v96y2024ipas1059056024005318.html
   My bibliography  Save this article

Executive legal background and quality of corporate accounting disclosure

Author

Listed:
  • Zhang, Shan
  • Wang, Yu

Abstract

Using China's A-share listed companies in Shanghai and Shenzhen from 2011 to 2022 as sample, we find that the legal background of executives has a positive effect on the quality of corporate accounting disclosure; the legal background of executives has a more significant effect on the quality of accounting disclosure in state-owned enterprises than in non-state-owned enterprises, and the quality of internal control plays a mediating role in the relationship between the legal background of executives and the quality of corporate accounting disclosure. Studying the impact of executives' legal backgrounds on the quality of corporate accounting information disclosure helps to gain a deeper understanding of how personal characteristics of executives affect corporate information disclosure behaviour. This not only expands the research field of the relationship between executive background characteristics and corporate behaviour, but also provides a new perspective and reference for executive recruitment and training in practice.

Suggested Citation

  • Zhang, Shan & Wang, Yu, 2024. "Executive legal background and quality of corporate accounting disclosure," International Review of Economics & Finance, Elsevier, vol. 96(PA).
    • Handle: RePEc:eee:reveco:v:96:y:2024:i:pa:s1059056024005318
    DOI: 10.1016/j.iref.2024.103539
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1059056024005318
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.iref.2024.103539?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Nguyen, Thi Hong Hanh & Ntim, Collins G. & Malagila, John K., 2020. "Women on corporate boards and corporate financial and non-financial performance: A systematic literature review and future research agenda," International Review of Financial Analysis, Elsevier, vol. 71(C).
    2. Ibtihal A. Abed & Nazimah Hussin & Mostafa A. Ali & Hossam Haddad & Maha Shehadeh & Elina F. Hasan, 2022. "Creative Accounting Determinants and Financial Reporting Quality: Systematic Literature Review," Risks, MDPI, vol. 10(4), pages 1-25, April.
    3. Rami Salem & Ernest Ezeani & Xi Song, 2023. "The relationship between religiosity and voluntary disclosure quality: a cross-country evidence from the banking sector," Review of Quantitative Finance and Accounting, Springer, vol. 60(3), pages 983-1023, April.
    4. Karim Mahran & Ahmed A. Elamer, 2024. "Chief Executive Officer (CEO) and corporate environmental sustainability: A systematic literature review and avenues for future research," Business Strategy and the Environment, Wiley Blackwell, vol. 33(3), pages 1977-2003, March.
    5. Patrick Velte, 2022. "Does sustainable corporate governance have an impact on materiality disclosure quality in integrated reporting? International evidence," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(6), pages 1655-1670, December.
    6. Kabir, Md Nurul & Miah, Mohammad Dulal & Ali, Searat & Sharma, Parmendra, 2020. "Institutional and foreign ownership vis-à-vis default risk: Evidence from Japanese firms," International Review of Economics & Finance, Elsevier, vol. 69(C), pages 469-493.
    7. Soufiene Assidi, 2020. "The effect of voluntary disclosures and corporate governance on firm value: a study of listed firms in France," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 17(2), pages 168-179, September.
    8. Ghlamallah, E. & C. Alexakis & M. Dowling & Piepenbrink, A., 2021. "The topics of Islamic economics and finance research," Post-Print hal-03323676, HAL.
    9. Md Mamunur Rashid, 2020. "Presence of professional accountant in the top management team and financial reporting quality," Journal of Accounting & Organizational Change, Emerald Group Publishing Limited, vol. 16(2), pages 237-257, April.
    10. Fawad Rauf & Cosmina L. Voinea & Khwaja Naveed & Cosmin Fratostiteanu, 2021. "CSR Disclosure: Effects of Political Ties, Executive Turnover and Shareholder Equity. Evidence from China," Sustainability, MDPI, vol. 13(7), pages 1-18, March.
    11. Haseeb Ur Rahman & Muhammad Zahid & Amin Jan & Mamdouh Abdulaziz Saleh Al‐Faryan & Khaled Hussainey, 2024. "Is it the mere female directors or their attributes that matter for the quality of corporate sustainability disclosures?," Business Strategy and the Environment, Wiley Blackwell, vol. 33(2), pages 661-678, February.
    12. Huang, Kaixing & Sim, Nicholas & Zhao, Hong, 2020. "Corporate social responsibility, corporate financial performance and the confounding effects of economic fluctuations: A meta-analysis," International Review of Financial Analysis, Elsevier, vol. 70(C).
    13. Ghlamallah, Ezzedine & Alexakis, Christos & Dowling, Michael & Piepenbrink, Anke, 2021. "The topics of Islamic economics and finance research," International Review of Economics & Finance, Elsevier, vol. 75(C), pages 145-160.
    14. Qian, Wei & Chen, Xuan, 2021. "Corporate environmental disclosure and political connection in regulatory and leadership changes: The case of China," The British Accounting Review, Elsevier, vol. 53(1).
    15. Zhou, Mengling & Li, Kexin & Chen, Zhongfei, 2021. "Corporate governance quality and financial leverage: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 73(C).
    16. Harvey, Charles & Maclean, Mairi & Price, Michael, 2020. "Executive remuneration and the limits of disclosure as an instrument of corporate governance," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 69(C).
    17. Ren He & Mingdian Zhou & Jing Liu & Qing Yang & Wei Zhang, 2021. "Female Directors and Carbon Information Disclosure: Evidence from China," Discrete Dynamics in Nature and Society, Hindawi, vol. 2021, pages 1-16, September.
    18. Ezzedine Ghlamallah & Christos Alexakis & Michael Dowling & Anke Piepenbrink, 2021. "The topics of Islamic economics and finance research," Post-Print hal-03511406, HAL.
    19. Ahlem Dabbebi & Naima Lassoued & Imen Khanchel, 2022. "Peering through the smokescreen: ESG disclosure and CEO personality," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(7), pages 3147-3164, October.
    20. Jaime F. Lavin & Alejandro A. Montecinos-Pearce, 2021. "ESG Disclosure in an Emerging Market: An Empirical Analysis of the Influence of Board Characteristics and Ownership Structure," Sustainability, MDPI, vol. 13(19), pages 1-20, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Daniel K. Maduku & Steven Mbeya, 2024. "Understanding family takaful purchase behaviour: the roles of religious obligation and gender," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 29(2), pages 440-458, June.
    2. Joanna Goard & Mohammed AbaOud, 2024. "Pricing of Al-Urbun and a Class of Al-Istijrar Islamic Contracts under the Black–Scholes Framework," Mathematics, MDPI, vol. 12(2), pages 1-11, January.
    3. Luo, Zhenxiang & Zhou, Xiaolin, 2025. "Environmental courts, environmental investment, and corporate carbon emissions," Finance Research Letters, Elsevier, vol. 75(C).
    4. Ghaemi Asl, Mahdi & Nasr Isfahani, Mohammad & Mohammadi, Mahsa, 2024. "How does the mineral resource exploitation sector interact with Islamic and traditional ventures? Insights amidst the impact of green reforms and state-of-the-art technological advancements," Resources Policy, Elsevier, vol. 98(C).
    5. Dodd, Olga & Frijns, Bart & Garel, Alexandre, 2022. "Cultural diversity among directors and corporate social responsibility," International Review of Financial Analysis, Elsevier, vol. 83(C).
    6. Xiaoyang Xu & Muhammad Imran & Muhammad Ayaz & Sonia Lohana, 2022. "The Mediating Role of Green Technology Innovation with Corporate Social Responsibility, Firm Financial, and Environmental Performance: The Case of Chinese Manufacturing Industries," Sustainability, MDPI, vol. 14(24), pages 1-20, December.
    7. Bhaskar, Ratikant & Li, Peigong & Bansal, Shashank & Kumar, Satish, 2023. "A new insight on CEO characteristics and corporate social responsibility (CSR): A meta-analytical review," International Review of Financial Analysis, Elsevier, vol. 89(C).
    8. Phuong Thi Kim Tran & Irene Wei Kiong Ting & Thien Huu Nguyen & Hanh Thi My Tran, 2023. "Determinants of Management Accounting Application Use in Vietnamese Telecommunications Companies: The Moderating Role of Organisational Culture," Sustainability, MDPI, vol. 15(19), pages 1-21, October.
    9. Douglas A. Adu & Naheed N. Roni, 2024. "Bank climate change initiatives, ownership structures, and corporate governance mechanisms: Evidence from emerging economies," Business Strategy and the Environment, Wiley Blackwell, vol. 33(4), pages 3039-3077, May.
    10. Wang, Haibin & Wang, Lu & Huang, Deming, 2025. "Can corporate social responsibility and corporate governance structure reduce corporate legal risk?," Finance Research Letters, Elsevier, vol. 73(C).
    11. Zong, Wen & Liu, Yanchao & Li, Aimei & Zhang, Yueyue, 2025. "The impact of core competitiveness on pay for performance sensitivity," Finance Research Letters, Elsevier, vol. 78(C).
    12. Karim Mahran & Ahmed A. Elamer, 2024. "Chief Executive Officer (CEO) and corporate environmental sustainability: A systematic literature review and avenues for future research," Business Strategy and the Environment, Wiley Blackwell, vol. 33(3), pages 1977-2003, March.
    13. Adu, Douglas A. & Abedin, Mohammad Zoynul & Saa, Vida Y. & Boateng, Frank, 2024. "Bank sustainability, climate change initiatives and financial performance: The role of corporate governance," International Review of Financial Analysis, Elsevier, vol. 95(PB).
    14. Adu, Douglas A. & Abedin, Mohammad Zoynul & Hasan, Mudassar, 2023. "Bank ownership structures and sustainable banking initiatives: The moderating effect of governance mechanism," International Review of Financial Analysis, Elsevier, vol. 89(C).
    15. Alatawi, Ibrahim A. & Ntim, Collins G. & Zras, Anis & Elmagrhi, Mohamed H., 2023. "CSR, financial and non-financial performance in the tourism sector: A systematic literature review and future research agenda," International Review of Financial Analysis, Elsevier, vol. 89(C).
    16. Lu, Yun & Ntim, Collins G. & Zhang, Qingjing & Li, Pingli, 2022. "Board of directors’ attributes and corporate outcomes: A systematic literature review and future research agenda," International Review of Financial Analysis, Elsevier, vol. 84(C).
    17. Xiao, Yao, 2024. "Financial availability and rural household asset allocation," Finance Research Letters, Elsevier, vol. 62(PB).
    18. Qaisar Ali & Sulistya Rusgianto & Shazia Parveen & Hakimah Yaacob & Razali Mat Zin, 2024. "An empirical study of the effects of green Sukuk spur on economic growth, social development, and financial performance in Indonesia," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(8), pages 21097-21123, August.
    19. Al-Najjar, Basil & Salama, Aly, 2022. "Mind the gap: Are female directors and executives more sensitive to the environment in high-tech us firms?," Technological Forecasting and Social Change, Elsevier, vol. 184(C).
    20. Xuan Chen & Liang Zhang, 2022. "Do negative environmental media reports increase environmental information disclosures? A comparative analysis based on political connections and market competition," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(6), pages 2480-2500, September.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:reveco:v:96:y:2024:i:pa:s1059056024005318. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/620165 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.