Family control and corporate anti corruption disclosures: the moderating effect of female directors

Abstract

Purpose

This paper aims to examine the effect of family control on corporate anticorruption disclosures of UK publicly listed firms and whether female board directors moderate the latter relationship.

Design/methodology/approach

This paper uses Poisson regression analysis for a sample of 1,546 FTSE 350 firm-year observations. Weighted least squares and propensity score matching are then used to assess the robustness of the findings.

Findings

The results show that family ownership and involvement are negatively associated with anticorruption disclosures. The tests of moderation indicate that female directors decrease the negative effect of family control on anticorruption disclosures.

Originality/value

To the best of the researcher’s knowledge, this paper is the first to investigate the impact of family control on anticorruption disclosures while taking into consideration the moderating effect of female directors.

Citation

Al-Okaily, J. (2024), "Family control and corporate anti corruption disclosures: the moderating effect of female directors", Meditari Accountancy Research, Vol. 32 No. 2, pp. 424-451. https://doi.org/10.1108/MEDAR-01-2022-1573