State ownership, corporate governance and disclosure quality: a comparison between listed companies in Hong Kong and Shanghai Stock Exchange

Zuo Shan (P86712)

Please use this identifier to cite or link to this item: https://ptsldigital.ukm.my/jspui/handle/123456789/457298

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DC Field	Value	Language
dc.contributor.advisor	Mohd Fairuz Md Salleh, Dr.
dc.contributor.author	Zuo Shan (P86712)
dc.date.accessioned	2023-09-12T02:23:38Z	-
dc.date.available	2023-09-12T02:23:38Z	-
dc.date.issued	2019-03-03
dc.identifier.other	ukmvital:110285
dc.identifier.uri	https://ptsldigital.ukm.my/jspui/handle/123456789/457298	-
dc.description	This thesis is to investigate the relationship between state ownership and disclosure quality, and whether corporate governance is able to moderate the relationship between the two variables . Focusing on Hong Kong Stock Exchanges and Shanghai Stock Exchange, the research uses two different data sources to test the same hypothesis and draws different conclusions. There are 91 state owned enterprises listed in Hong Kong Exchanges and 100 state owned enterprises in Shanghai Stock Exchange. The sample is selected from the existing companies by referring to complete and precise information from the year of 2014 to 2016. The total numbers of sample are 68 and 64 companies listed in Hong Kong Exchanges and Shanghai Stock Exchange, respectively. For hypotheses 1, in Hong Kong Stock Exchange, the findings revealed a significantly positive relationship between state ownership and disclosure quality; by comparison, in Shanghai Stock Exchange, the findings turned out to be the opposite. For hypotheses 2,corporate governance strengthens the relationship between state ownership and disclosure quality in Hong Kong Stock Exchange, but in Shanghai Stock Exchange, corporate g overnance weakens this relationship. For hypotheses 3, the result showed that information disclosure of Hong Kong Stock Exchange is better than that of Shanghai Stock Exchange. The research has two contributions. First is about literature. The thesis provides a deeper understanding of the relationships of the state ownership, disclosure quality and corporate governance between mainland China and Hong Kong, based on the two different economic systems. Second is about policy with the “One Belt One Road” policy. The research could be useful for investors to decide which market is more worth investing in. The research also provides advice for Chinese regulators to access the disclosure practices and deliberate over appropriate requirements of corporate governance, so as to improve corporate disclosure and transparency.,Master of Accounting
dc.language.iso	eng
dc.publisher	UKM, Bangi
dc.relation	Faculty of Economy and Management / Fakulti Ekonomi dan Pengurusan
dc.rights	UKM
dc.subject	Corporate governance
dc.subject	Government business enterprises
dc.subject	Stock exchanges -- China -- Hong Kong
dc.subject	Stock exchanges -- China -- Shanghai
dc.subject	Universiti Kebangsaan Malaysia -- Dissertations
dc.subject	Dissertations, Academic -- Malaysia
dc.title	State ownership, corporate governance and disclosure quality: a comparison between listed companies in Hong Kong and Shanghai Stock Exchange
dc.type	theses
dc.format.pages	99
dc.identifier.callno	HD2741.S536 2019 tesis
dc.identifier.barcode	004121(2019)
Appears in Collections:	Faculty of Economy and Management / Fakulti Ekonomi dan Pengurusan

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