Corporate Governance and Disclosures on the Transition to International Financial Reporting Standards
Author(s)
Stewart, Jenny
Kent, P
Griffith University Author(s)
Year published
2007
Metadata
Show full item recordAbstract
For reporting periods ending on or after 30 June 2004, Australian companies were required to disclose the expected impact of applying Australian equivalents of International Financial Reporting Standards (AIFRSs) effective from 1 January 2005. The objective of this paper is to examine the association between the level of disclosure and corporate governance quality. Using a sample of listed companies with 30th June balance dates, we found that the quantity of disclosure was positively related to some aspects of superior corporate governance such as the frequency of board and audit committee meetings and the choice of auditor.For reporting periods ending on or after 30 June 2004, Australian companies were required to disclose the expected impact of applying Australian equivalents of International Financial Reporting Standards (AIFRSs) effective from 1 January 2005. The objective of this paper is to examine the association between the level of disclosure and corporate governance quality. Using a sample of listed companies with 30th June balance dates, we found that the quantity of disclosure was positively related to some aspects of superior corporate governance such as the frequency of board and audit committee meetings and the choice of auditor.
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Conference Title
30th Annual Congress of the European Accounting Association
Publisher URI
Subject
Information Systems not elsewhere classified