Congratulations to our members: Prof. Jasim Al Ajmi and the PhD student Ms. Amina Buallay for their recent publication “The role of audit committee attributes in corporate sustainability reporting: Evidence from banks in the Gulf Cooperation Council”.
This paper has been published in Journal of Applied Accounting Research, @ Emerald Group Publishing (SCOPUS and CiteScoreTracker 2019: 1.59) one of the world leading journals in Accounting.
https://www.emerald.com/insight/content/doi/10.1108/JAAR-06-2018-0085/full/html
The purpose of this paper is to analyze the extent to which sustainability reporting by banks in the Gulf Cooperation Council (GCC) is affected by the attributes of audit committees.
The results of this study have important implications for regulators, bank management, investors and creditors. For regulators, in the countries of the GCC and in countries like them, the findings reveal the importance of disclosure requirements. The development of disclosure requirements is likely to improve corporate sustainability reporting and reduce variations in the extent of disclosure among banks. Banks could use these results to improve their reporting to outsiders. For creditors and investors, the study improves their awareness of the importance of corporate social responsibility, corporate governance and environmental information on credit and investment decisions and encourages banks to improve their disclosures of non-financial information.
