CORPORATE GOVERNANCE DISCLOSURE – AN INTERNATIONAL OVERVIEW OF RESEARCH TRENDS
Keywords:corporate governance, disclosure, transparency, quantitative analysis, academic literature
AbstractOur paper approaches “corporate governance disclosure” concept from a different perspective – the researchers one - presenting an overview image of what has already been studied, analyzing and discussing the trends of research on this topic, which is important to all researchers interested on it. The main reason of focusing our research in this area was the continuously increasing importance given to corporate governance and transparency, as a consequence of the most recently corporate failures and accounting scandals, not only among regulatory authorities and at companies’ level, but in academic environment, too, where we have assisted at an increasingly interest in measuring the level of transparency by developing disclosure indices in this respect. Thus, unlike previous research studies which were focused on a specific aspect of corporate governance disclosure our paper provides a different approach, by analyzing the trend of research studies focused on disclosure indices developed for measuring the level of transparency and their possible relationship with the most important corporate governance attributes.