DOES OWNERSHIP STRUCTURE AFFECT DIRECTORS’ REMUNERATION DISCLOSURE LEVEL?

Abstract

: The present research determines the impact of corporate governance mechanism on the directors’ remuneration disclosure level and firm value. A total of 200 annual reports were collected from selected companies listed in Bursa Malaysia between 2013 and 2019. Pooled OLS, longitudinal data and 2SLS was carried out to accomplish the objective. The findings showed that ownership structure significantly impact the directors’ remuneration disclosure level. The findings of this research deserve the attention of the stakeholders, investors, policymakers, and organizations in modelling a high-level disclosure and governance structure in the corporate environment in enhancing firm value.