This study examines the relationship between institutional investors and director remuneration in Malaysia against an important institutional backdrop of political connections. Our panel analysis of 434 firms from 1999 to 2003 finds a negative relationship between institutional ownership and...

The growing number of cases of irregularities in the corporate world has led the public to demand for more disclosure on non-financial aspects (Amran et al., 2009), including risk reporting. The corporate governance literature suggested that the level of risk disclosure is associated with...