The Influence of Corporate Governance Attributes and National Characteristics on Information Disclosures: A Case of Asean (Published)
This paper aims to investigate the impact of corporate governance and national characteristics on disclosure practices in ASEAN. The multiple regression models were tested through EVIEWS 10 with an ordinary least squares (OLS) method. Empirical results report that the extent of corporate disclosure in ASEAN is positively associated with a number of board meetings, level of regulation quality and level of rule of law; but it is negatively related to board size, board independence, level of political stability and absence of violence, level of government effectiveness and level of control of corruption. The obtained results provide empirical evidence for the regulators who would like to enhance a flavor business environment within ASEAN. The paper contributes to the international disclosure literature by offering a new insight into the influence of corporate governance mechanisms and national characteristics on information disclosure practices in a group of developing countries.
Keywords: ASEAN, Corporate Disclosure, Corporate Governance, Listed Company, National Characteristics
Corporate Governance Impacts to the Level of Accounting Information Disclosure – Evidence on Vn30 Listed Companies of Vietnam (Published)
Accounting information has important implication for users. Last time, the State Securities Commission has made provisions related to increase the quality and extent of the accounting information for listed companies. The disclosure of information by VN30 listed companies depend on the impact factors, in which corporate governance is one of the main factors. Based on the quantitative survey about the accounting information disclosure of listed companies in the regression model, results showed that two factors are size of board and the level of concentration of ownership affect the level of information disclosure for VN30 listed companies. From which the author proposes to increase the number of members of the board as well as control the concentration of power problems of a number of shareholders of listed companies to increase the level of information disclosure response to the users.
Keywords: Accounting information, Corporate Governance, Listed Company
Vol 4, Issue 6, June 2016 ()
Accounting information has important implication for users. Last time, the State Securities Commission has made provisions related to increase the quality and extent of the accounting information for listed companies. The disclosure of information by VN30 listed companies depend on the impact factors, in which corporate governance is one of the main factors. Based on the quantitative survey about the accounting information disclosure of listed companies in the regression model, results showed that two factors are size of board and the level of concentration of ownership affect the level of information disclosure for VN30 listed companies. From which the author proposes to increase the number of members of the board as well as control the concentration of power problems of a number of shareholders of listed companies to increase the level of information disclosure response to the users.
Keywords: Accounting information, Corporate Governance, Listed Company