منابع مشابه
Information Disclosure and Corporate Governance
Disclosure is widely assumed to play an important role in corporate governance. Yet governance has not been the focus of previous academic analyses of disclosure. We consider disclosure in the context of corporate governance. We argue that disclosure is a two-edged sword. On one side, disclosure of information permits principals to make better decisions. On the other, it can create or exacerbat...
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This paper explores a firm’s reliance on internal and external governance mechanisms as part of the firm’s overall governance policy. We argue that firms’ disclosure policies, by promoting greater transparency, foster external scrutiny and thus activity in the market for corporate control. Takeovers and internal board monitoring are therefore substitute instruments for corporate governance. How...
متن کاملMultiple Audiences and Corporate Disclosure
Title of Dissertation: MULTIPLE AUDIENCES AND CORPORATE DISCLOSURE Jing-Wen Yang, Doctor of Philosophy, 2007 Dissertation Directed By: Professor Oliver Kim Department of Accounting and Information Assurance This study contributes to literature in three ways: first, it draws a full picture about the determinants of a firm’s voluntary disclosure decision; second, it aims at tackling the mixed res...
متن کاملCorporate strategy and information disclosure
We examine voluntary disclosures of information about corporate strategies. We develop a model in which managers choose whether to reveal their strategic plans only to some partners of the firm or also to the outside world. We show that managers face a tradeoff when deciding whether to disclose their private information to outsiders. On the one hand, by disclosing their intentions, managers bec...
متن کاملIdiosyncratic Risk and Disclosure of Corporate Social Responsibility: Emphasizing the Role of Corporate Governance
In this study, the impact of corporate social responsibility (CSR ) disclosure on idiosyncratic risk has been investigated concerning three stakeholder theory, information asymmetry, and risk management. It also goes further and explores the impact of some corporate governance mechanisms such as ownership structure, board characteristics, and incentive contracts on this relationship. To achieve...
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ژورنال
عنوان ژورنال: Accounting, Auditing & Accountability Journal
سال: 2017
ISSN: 0951-3574
DOI: 10.1108/aaaj-02-2015-1965