On the influence of the board’s financial education on voluntary disclosure: Evidence from Saudi Arabia

Abstract

In this paper, we try to study the effect of the board financial education on voluntary disclosure using a panel of 60 KSA listed companies from different sectors during 2011-2015. The effect of corporate governance mechanisms is also evoked. Especially, the board size, duality and independence are studied. Our results highlight that the board financial education can be considered as a robust determinant of voluntary disclosure in KSA since it can positively affect the voluntary disclosure level. We find also that the corporate governance mechanisms still having a strong explanatory power. (C) 2017 The Authors. Published by IASE.