Corporate governance on the transition to International Financial Reporting Standards

Abstract

More and more international companies were required to disclose the expected impact of applying the International Financial Reporting Standards. 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 30 June balance dates, we find 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.