This paper empirically investigates the effect of the extended audit reporting (EAR) adoption on firms’ cost of …

-effects and alternative disclosure proxies. Our results are largely consistent with the predictions of agency, legitimacy …

such voluntary CG disclosure behaviour.Design/methodology/approach – We construct a broad voluntary CG disclosure index … conduct regression analysis to identify the main drivers of voluntary CG disclosure.Findings – Our results suggest that while … compliance with, and disclosure of, good CG practices varies substantially among the sampled companies, CG standards have …

(CG) disclosure policy reforms in the form of the King Reports, which require firms to comprehensively disclose a set of … stakeholder CG disclosure rules on firm value, as well as the relative value relevance of comprehensively disclosing good CG … 2007, we find that comprehensive disclosure of good CG practices on both shareholders and stakeholders impact positively on …

and examine whether internal governance structures influence disclosure in the period following major reform and funding … regards to the disclosure of teaching/research outcomes. We also find that audit committee quality, governing board diversity …, governor independence, and the presence of a governance committee are associated with the level of disclosure. Finally, we find …