The impact of board gender diversity and corporate governance factors on corporate tax disclosure

This study investigates the impact of gender diversity on tax disclosure practices among publicly listed companies in Malaysia, focusing on how female representation on corporate boards, along with other corporate governance factors such as board size, board independence, profitability, and compliance with the Malaysian Code on Corporate Governance (MCCG) and the Tax Corporate Governance Framework (TCGF), influence tax transparency. Using a quantitative approach with data from 55 companies, the analysis found that while gender diversity alone does not significantly impact tax disclosure, compliance with MCCG positively influences tax transparency. Additionally, it was revealed that gender-diverse boards in companies adhering to MCCG and TCGF are more likely to disclose tax-related information. These results suggest that gender diversity contributes to tax transparency only when paired with strong governance frameworks like MCCG and TCGF, highlighting the importance of corporate governance mechanisms in shaping tax disclosure practices. Future research could explore the influence of other diversity factors and governance variables on corporate tax practices