Risk Committee and Integrated Reporting Practice: Evidence from Australian Companies

This study investigates the relationship between the risk committee (existence and effectiveness) and the quality of integrated reports of the top 200 listed companies on the Australian Securities Exchange (ASX). A composite ordinal proxy for the firms’ integrated reporting was constructed using data that were hand‐collected from annual reports. The main result reports that the existence of a standalone risk committee is negatively and significantly associated with the quality of integrated reporting; however, integrated reporting is positively associated with firms adopting a combined risk and audit committee and risk committee effectiveness.

• Publication year

  2024

• Venue

  Australian Accounting Review

• Publication date

  2024-05-24

• Fields of study

  Not labeled

• Identifiers
  DOI 10.1111/auar.12421
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

• Are Boards’ Risk Management Committees associated with Firms’ Environmental Performance?

  2021cited by this paper
• Towards a conceptual framework for non-financial reporting inclusive of pandemic and climate risk reporting

  2021cited by this paper
• Are gender diverse boards more cautious? The impact of board gender diversity on sentiment in earnings press releases

  2021cited by this paper
• Examining the extent of and determinants for sustainability assurance quality: The role of audit committees

  2021cited by this paper
• Board characteristics and the choice between sustainability and integrated reporting: a European analysis

  2021cited by this paper
• The effect of board multiple directorships and CEO characteristics on firm performance: evidence from Palestine

  2020cited by this paper
• Household Debt Revaluation and the Real Economy: Evidence from a Foreign Currency Debt Crisis

  2020cited by this paper
• Does Corporate Governance Affect the Quality of Integrated Reporting?

  2020cited by this paper
• How Does Combined Assurance Affect the Reliability of Integrated Reports and Investors’ Judgments?

  2020cited by this paper
• How pressure from stakeholders affects integrated reporting quality

  2019cited by this paper
• Corporate Governance, Integrated Reporting and the Use of Credibility-enhancing Mechanisms on Integrated Reports

  2019cited by this paper
• Unobservable Selection and Coefficient Stability: Theory and Evidence

  2019cited by this paper
• Determinants of materiality disclosure quality in integrated reporting: Empirical evidence from an international setting

  2019cited by this paper
• The Impact of Audit Committee Financial Expertise on Management Discussion and Analysis (MD&A) Tone

  2019cited by this paper
• Sustainability Risk Disclosure Practices of Listed Companies in Australia

  2019cited by this paper
• A comparison of voluntary and mandated climate change-related disclosure

  2019cited by this paper
• Risk management committee and risk management disclosure: evidence from Australia

  2019cited by this paper
• Board characteristics and integrated reporting quality: an agency theory perspective

  2019cited by this paper
• Is audit committee expertise connected with increased readability of integrated reports: Evidence from EU companies

  2018cited by this paper
• Determinants of forward-looking disclosures in integrated reporting

  2018cited by this paper
• Corporate political connection and corporate social responsibility disclosures: A neo-pluralist hypothesis and empirical evidence

  2018cited by this paper
• Financial Auditor and Sustainability Reporting: Does it matter?

  2018cited by this paper
• Credibility of sustainability reports: The contribution of audit committees

  2018cited by this paper
• Carbon Disclosure, Contextual Factors, and Information Asymmetry: The Case of Physical Risk Reporting

  2018cited by this paper
• Litigation Risk and Corporate Voluntary Disclosure: Evidence from Two Quasi-Natural Experiments

  2018cited by this paper
• Conceptualising the contemporary corporate value creation process

  2017cited by this paper
• The influence of board committee structures on voluntary disclosure of greenhouse gas emissions: Australian evidence

  2017cited by this paper
• In Pursuit of a ‘Single Source of Truth’: from Threatened Legitimacy to Integrated Reporting

  2017cited by this paper
• Board configuration and IR adoption. Empirical evidence from European companies

  2017cited by this paper
• The effects of board characteristics and sustainable compensation policy on carbon performance of UK firms

  2017cited by this paper
• The board's role in risk disclosure: an exploratory study of Italian listed state-owned enterprises

  2016cited by this paper
• Exploring the implications of integrated reporting for social investment (disclosures).

  2016cited by this paper
• Board diversity and CSR reporting: an Australian study

  2016cited by this paper
• Remuneration committee effectiveness and narrative remuneration disclosure

  2016cited by this paper
• Sustainability management and reporting: the role of integrated reporting for communicating corporate sustainability management

  2016cited by this paper
• Risk Committee, Firm Life Cycle, and Market Risk Disclosures

  2016cited by this paper
• Audit committee and integrated reporting practice: does internal assurance matter?

  2016cited by this paper
• The role of audit committee attributes in intellectual capital disclosures: Evidence from Malaysia

  2015cited by this paper
• CEO Turnover and Audit Pricing

  2014cited by this paper
• Integrated Reporting: Insights, gaps and an agenda for future research

  2014cited by this paper
• Boardroom Diversity and its Effect on Social Performance: Conceptualization and Empirical Evidence

  2013cited by this paper
• Are busy boards detrimental

  2013cited by this paper
• The Role of the Board in the Dissemination of Integrated Corporate Social Reporting

  2013cited by this paper
• The effect of audit committee characteristics on intellectual capital disclosure

  2012cited by this paper
• The Effect of Board Characteristics on Firm Environmental Performance

  2011cited by this paper
• Risk‐related disclosures by non‐finance companies: Portuguese practices and disclosure characteristics

  2011cited by this paper
• Corporate risk disclosures: The influence of institutional shareholders and the audit committee

  2011cited by this paper
• The Association of Board Independence and Ownership Concentration with Voluntary Disclosure: A Meta-analysis

  2010cited by this paper
• The impact of family-firm structure and board composition on corporate transparency: Evidence based on segment disclosures in Malaysia

  2009cited by this paper
• Risk management in corporate governance: a review and proposal

  2009cited by this paper
• Corporate governance and earnings management at large U.S. bank holding companies

  2009cited by this paper
• Accounting Quality and Debt Contracting

  2008cited by this paper
• Risk Management and Board Effectiveness

  2008cited by this paper
• The Impact of Corporate Governance on Executive Compensation

  2008cited by this paper
• The Corporate Governance Mosaic and Financial Reporting Quality

  2008cited by this paper
• The Association between Board Composition and Different Types of Voluntary Disclosure

  2007cited by this paper
• Analysing the determinants of narrative risk information in UK FTSE 100 annual reports

  2007cited by this paper
• Stakeholder influence on corporate reporting: An exploration of the interaction between WWF-Australia and the Australian minerals industry

  2006cited by this paper
• Board composition, regulatory regime, and voluntary disclosure

  2006cited by this paper
• Risk reporting: A study of risk disclosures in the annual reports of UK companies

  2006cited by this paper
• Audit Committee Characteristics and Restatements

  2004cited by this paper
• Integrity is a strategy for performance

  2004cited by this paper
• The Effect of Audit Committee Expertise, Independence, and Activity on Aggressive Earnings Management

  2004cited by this paper
• Board Characteristics, Accounting Report Integrity, and the Cost of Debt

  2004cited by this paper
• Corporate governance and voluntary disclosure

  2003cited by this paper
• AUDIT COMMITTEE CHARACTERISTICS AND AUDITOR DISMISSALS FOLLOWING NEW GOING CONCERN REPORTS

  2003cited by this paper
• Length of Board Tenure and Outside Director Independence

  2003cited by this paper
• Boards of Directors and Firm Performance: Integrating Agency and Resource Dependence Perspectives

  2003cited by this paper
• An examination of the corporate social and environmental disclosures of BHP from 1983‐1997: A test of legitimacy theory

  2002cited by this paper
• The International Crisis of Confidence in Corporations

  2002cited by this paper
• Voluntary Disclosure by State-owned Enterprises Listed on the Stock Exchange of Hong Kong

  2002cited by this paper
• Environmental disclosures in the annual report: Extending the applicability and predictive power of legitimacy theory

  2002cited by this paper
• Internal organisational factors influencing corporate social and ethical reporting: Beyond current theorising

  2002cited by this paper
• Corporate disclosure and the deregulation of international investment

  2000cited by this paper
• Corporate Governance and Board Effectiveness

  1998cited by this paper
• Higher market valuation of companies with a small board of directors

  1996cited by this paper
• Do Australian companies report environmental news objectively?: An analysis of environmental disclosures by firms prosecuted successfully by the Environmental Protection Authority

  1996cited by this paper
• Managing Legitimacy: Strategic and Institutional Approaches

  1995cited by this paper
• The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications

  1995cited by this paper
• The use of audit committees for monitoring

  1994cited by this paper
• Determinants of corporate social responsibility disclosure: An application of stakeholder theory

  1992cited by this paper
• Outside directors, board independence, and shareholder wealth☆

  1990cited by this paper
• A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity

  1980cited by this paper
• Sample selection bias as a specification error

  1979cited by this paper

• Nonfundamental‐Driven Price Shocks and Corporate Climate Risk Disclosure

  2026cites this paper
• Board risk committees and audit report lag

  2026cites this paper
• Corporate environmental disclosure and earnings management: does national culture matter?: International evidence

  2026cites this paper
• CEO characteristics and integrated reporting: insights from the banking sector of an emerging economy

  2025cites this paper
• Insights for Senior Accounting Managers

  2024cites this paper