Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Continuous disclosure compliance: does corporate governance matter?

Continuous disclosure compliance: does corporate governance matter? Our study investigates the quality of firms’ continuous disclosure compliance during mandatory continuous disclosure reform, and whether the compliance quality is impacted by corporate governance, using the New Zealand market as the setting. We use a novel coding of different categories of disclosures (non‐routine, non‐procedural and internal), which represents the extent of proprietary insider information inherent in disclosures, to evaluate firms’ compliance quality. Our findings provide evidence that firms’ compliance quality improved after the reform, and this improvement is inconsistently impacted by corporate governance. Our findings provide important implications for regulators in their quest for a superior disclosure regime. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Accounting & Finance Wiley

Continuous disclosure compliance: does corporate governance matter?

Loading next page...
 
/lp/wiley/continuous-disclosure-compliance-does-corporate-governance-matter-EnXA51F0C0

References (70)

Publisher
Wiley
Copyright
Accounting and Finance © 2015 AFAANZ
ISSN
0810-5391
eISSN
1467-629X
DOI
10.1111/acfi.12071
Publisher site
See Article on Publisher Site

Abstract

Our study investigates the quality of firms’ continuous disclosure compliance during mandatory continuous disclosure reform, and whether the compliance quality is impacted by corporate governance, using the New Zealand market as the setting. We use a novel coding of different categories of disclosures (non‐routine, non‐procedural and internal), which represents the extent of proprietary insider information inherent in disclosures, to evaluate firms’ compliance quality. Our findings provide evidence that firms’ compliance quality improved after the reform, and this improvement is inconsistently impacted by corporate governance. Our findings provide important implications for regulators in their quest for a superior disclosure regime.

Journal

Accounting & FinanceWiley

Published: Dec 1, 2015

There are no references for this article.