Analysis reveals CEO financial expertise reduces disclosure tone in annual reports, while gender diversity enhances it.
This study aims to determine the quality of the annual reports produced and published by State Owned Enterprises (SOEs) in Indonesia by examining the influence of the Chief Executive Officer (CEO) characteristics and gender diversity in the Directors’ composition on the disclosure tone in the annual reports of the companies. This study finds that CEO’s age and CEO’s narcissism do not affect tone in the company's annual report. In contrast, the CEO's financial expertise hurts the tone of use in the report. Moreover, women on the board of directors increase the disclosure tone in the company's annual report.
No takes yet. Share an insight, caveat, or question.
Lastiati et al. (2025) studied this question.
Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context: