school

UM E-Theses Collection (澳門大學電子學位論文庫)

Title

A study on the relationship between corporate governance and the extent of voluntary disclosure

English Abstract

The primary objective of this study is to test a theoretical framework relating six corporate governance mechanisms and four firm-specific characteristics with the extent of voluntary disclosure provided by public listing companies in Mainland China. These six corporate governance mechanisms include (1) ownership concentration; (2) government ownership; (3) legal-entity ownership; (4) CEO-is-top dir; (5) independence of board and (6) existence of audit committee. These four firm-specific characteristics are (1) firm size; (2) leverage; (3) profitability; (4) industry type. Using a relative disclosure index for measuring voluntary disclosure level, the results indicate that ownership concentration, government ownership, firm size and profitability are significantly and positively related to the extent of voluntary disclosure. The study is expected to provide empirical evidences to the policy makers of a company, regulations in China to consummate the corporate governance mechanisms and the transparency of public listing companies.

Issue date

2008.

Author

Yan, Hai Jun

Faculty

Faculty of Business Administration

Department

Department of Accounting and Information Management

Degree

M.B.A.

Subject

Corporate governance

Corporate governance -- China

Supervisor

Yuen Chun Yip

Files In This Item

View the Table of Contents

View the Abstract

Location
1/F Zone C
Library URL
991002576409706306