Determinants of corporate disclosure and transparency: Evidence from Hong Kong and thailand
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Philosophical Explorations:313-342 (unknown)
This study examines the degrees of corporate disclosure and transparency of publicly listed companies in two emerging markets and analyzes corporatedisclosure practices as a function of specific firm characteristics. The analysis uses the disclosure and transparency scores extracted from a survey instrument designed to rate disclosure practices of publicly listed companies by using the OECD Corporate Governance Principles as an implicit benchmark. Empirical results show that financial characteristics explain some of the variation in the degrees of corporate disclosure for firms in Hong Kong but not for firms in Thailand. Further, corporate governance characteristics, such as board size and board composition, show more significant associations with the degrees of corporate disclosure inThailand than in Hong Kong. The results are broadly consistent with the notion that good corporate governance leads to better corporate disclosure and transparency in less developed markets
|Keywords||No keywords specified (fix it)|
No categories specified
(categorize this paper)
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Ho Mun Chan (2004). Informed Consent Hong Kong Style: An Instance of Moderate Familism. Journal of Medicine and Philosophy 29 (2):195 – 206.
Chris Ogbechie & Dimitrios N. Koufopoulos (2007). Corporate Governance Practices in Publicly Quoted Companies in Nigeria. International Journal of Business Governance and Ethics 3 (4):350-381.
James C. Gaa (2009). Corporate Governance and the Responsibility of the Board of Directors for Strategic Financial Reporting. Journal of Business Ethics 90 (2):179 - 197.
Diana C. Robertson & Nigel Nicholson (1996). Expressions of Corporate Social Responsibility in U.K. Firms. Journal of Business Ethics 15 (10):1095 - 1106.
J.-L. W. Mitchell Der Zahvann (2004). Association Between Board of Director Characteristics and the Amount of Voluntary Audit Committee Disclosures. International Journal of Business Governance and Ethics 1 (s 2-3):210-232.
Tina T. He, Wilson X. B. Li & Gordon Y. N. Tang (2012). Dividends Behavior in State- Versus Family-Controlled Firms: Evidence From Hong Kong. [REVIEW] Journal of Business Ethics 110 (1):97-112.
Carmelo Reverte (2009). Determinants of Corporate Social Responsibility Disclosure Ratings by Spanish Listed Firms. Journal of Business Ethics 88 (2):351 - 366.
Sepideh Parsa, Reza Kouhy & Christos Tzovas (2007). Governance and Social Information Disclosure Evidence From the UK. International Journal of Business Governance and Ethics 3 (3):205-222.
Carla Cjm Millar, Tarek I. EldomIaty, Chong Ju Choi & Brian Hilton (2005). Corporate Governance and Institutional Transparency in Emerging Markets. Journal of Business Ethics 59 (1-2):163 - 174.
Stephen Yan-Leung Cheung, J. Thomas Connelly & Piman Limpaphayom (2007). Determinants of Corporate Disclosure and Transparency. International Corporate Responsibility Series 3:313-342.
Sorry, there are not enough data points to plot this chart.
Added to index2009-01-28
Recent downloads (6 months)0
How can I increase my downloads?