The THE EFFECT OF BOARD SIZE ON ACCOUNTING CONSERVATISM IN MALAYSIA AND SINGAPORE

Abstract

To examine whether corporate governance could be seen as an explanation for accounting conservatism, this research therefore aimed to answer the following research main question: “Do characteristics of the board including board size, the proportion of independent board, and audit committee size have the effects on accounting conservatism in Malaysia and Singapore?” The research results could provide more information to involved stakeholders, especially investors interested in investing in ASEAN market. This research used 389 samples, comprising 244 firms from Bursa Malaysia and 145 firms from Singapore Exchange, excluding financial firms. Data were analyzed by using the multiple regression. The research results were explained with both notion of large and small board members on accounting conservatism