I study how increased internal control disclosure requirements mandated by the Sarbanes-Oxley Act (SOX) affect annual corporate governance decisions regarding CFOs. Using non-CEO, non-COO executive officers as a control group, I find that CFOs of firms with weak internal controls receive lower...

The majority view of the executives interviewed is that disclosure reduces the cost of equity up to the point at which a good-practice level of communication has been reached, after which there is little further effect. Greater disclosure to rating agencies and lenders reduces the cost of debt....

This paper examines how board structure (i.e., board size, board independence, and Chief Executive Officer (CEO) duality) and ownership structure (i.e., ownership concentration) influence risk disclosure quality (RDQ) of FTSE 100 non-financial firms. RDQ is captured by integrating five...

The study is to review the disclosure quality rank on income-smoothing and informativeness by means of four hypotheses. The timescale is between 2010 and 2016, and 149 TSE's listed companies are studied. The first hypothesis examines the effect of higher disclosure quality rank on income...

The last decade has experienced an important expansion of openness on firm environmental practices and an increased level of environmental disclosure. An open question remains, however, on the extent to which firms fully commit to the principle of widespread disclosure of their impact on the...

This study empirically investigates whether independent directors on the remuneration committee influence narrative human capital disclosure (NAHCD) in firms where independent directors dominate the board composition. NAHCD is measured by frequency of occurrence, using latent content analysis in...

Corporate governance (CG) reformists typically presume better-governed companies are more transparent to investors. We focus on CG and transparency in Japan, where CG has been an ongoing issue. Using local ratings of Japanese companies' CG, and data on corporate disclosures and their associated...

In the year 2009, then Chairman, Satyam Computers Limited (hereafter Satyam Computers), India confessed to financial irregularities leading to a series of grave felonies including financial and securities fraud of massive proportion. In his statement he confessed that the misstatement in the...

This article is devoted to an assessment of the official sites of subjects of the Russian Federation on the Internet on existence of the best system of disclosure of the budgetary information, its visual representation and design of the site in general. Following the results of our research...

We find that firms are less likely to report an internal control material weakness (as mandated by the Sarbanes-Oxley Act) in a given year if one of their audit committee members is concurrently on the board of a firm that disclosed a material weakness within the prior three years. We find a...