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Corporate governance and disclosure: purpose, scope, and limitations

Author

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  • Wm. Dennis Huber

    (Huizenga College of Business and Entrepreneurship, Nova Southeastern University)

  • James A. DiGabriele

    (Montclair State University)

Abstract

Corporate governance has been the subject of dozens, if not hundreds, of books and articles in legal, accounting, finance, and economic literature since at least 1932. Disclosure has also been the subject of dozens, if not hundreds, of books and articles in legal, accounting, finance, and economic literature, but interest in the subject is a more recent phenomenon. It is important therefore to understand the purpose, scope, limitations, and meaning of corporate governance. It is equally important to understand the purpose, scope, and limitations of the effective transparency of information, i.e., disclosure, for publicly listed companies, including what information is disclosed, how it is disclosed, and why it is disclosed. Therefore, this paper examines the purpose, scope, and limitations of corporate governance and disclosure including what, how, and why information about publicly listed companies is disclosed with the intent of providing a better understanding of corporate governance and disclosure and directions for future research.

Suggested Citation

  • Wm. Dennis Huber & James A. DiGabriele, 2021. "Corporate governance and disclosure: purpose, scope, and limitations," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 18(2), pages 153-160, June.
    • Handle: RePEc:pal:ijodag:v:18:y:2021:i:2:d:10.1057_s41310-021-00103-7
    DOI: 10.1057/s41310-021-00103-7
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    References listed on IDEAS

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    2. Roychowdhury, Sugata & Shroff, Nemit & Verdi, Rodrigo S., 2019. "The effects of financial reporting and disclosure on corporate investment: A review," Journal of Accounting and Economics, Elsevier, vol. 68(2).
    3. Coase, Ronald H., 1990. "Accounting and the theory of the firm," Journal of Accounting and Economics, Elsevier, vol. 12(1-3), pages 3-13, January.
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    5. Bainbridge, Stephen, 2008. "The New Corporate Governance in Theory and Practice," OUP Catalogue, Oxford University Press, number 9780195337501, Decembrie.
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    Cited by:

    1. Edward J. Lusk & Osamuyimen Omorogbe-Akpata & Mia Wells, 2022. "Vetting of Bloomberg’s ESG Governance ISS: QualityScore [GQS™]: Discriminant Testing," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 8(3), pages 39-52, March.
    2. Kaihula P. Bishagazi, 2022. "Determinants of Firm-Level Voluntary Corporate Disclosure in Emerging Markets: A Meta-Regression Analysis," Journal of Public Administration and Governance, Macrothink Institute, vol. 12(1), pages 123141-1231, December.

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