Does early-life war exposure of a CEO enhance corporate information transparency?

2021 ◽  
Vol 136 ◽  
pp. 198-208
Author(s):  
Sanghak Choi ◽  
Hail Jung
Keyword(s):  
Early Life ◽  
Information Transparency ◽  
Corporate Information

APPROACHES TO THE STUDY OF INFORMATION TRANSPARENCY

2020 ◽  
Author(s):  
Ksenia Alekseevna Kornilova ◽  
Keyword(s):  
Comprehensive Approach ◽  
Information Transparency ◽  
Basic Concepts ◽  
Analytical System ◽  
Corporate Information

The article is devoted to the analysis of such a concept as information transparency. The authors consider the approaches of the Russian and foreign schools to definition, highlight the basic concepts for the formation of corporate information and determine the need for a comprehensive approach as a necessary unified informational and analytical system about the issue of emirates

scholarly journals Information Disclosure Ranking, Industry Production Market Competition, and Mispricing: An Empirical Analysis

2019 ◽  
Vol 11 (1) ◽  
pp. 262 ◽  
Author(s):  
Bing Wang ◽  
Si Xu ◽  
Kung-Cheng Ho ◽  
I-Ming Jiang ◽  
Hung-Yi Huang
Keyword(s):  
Corporate Governance ◽  
Empirical Analysis ◽  
Instrumental Variables ◽  
Information Disclosure ◽  
Market Competition ◽  
Substantial Reduction ◽  
Assessment System ◽  
Product Market Competition ◽  
Information Transparency ◽  
Corporate Information

Improving the transparency of corporate information disclosure is a key principle of corporate governance in Taiwan. This study uses the information disclosure assessment system established by the information disclosure and transparency ranking system to explore whether information transparency can reduce the degree of mispricing. The study uses the data of 10,686 listed companies in Taiwan for the period from 2005 to 2014. We find that a higher information disclosure ranking (IDR) of rated companies corresponds to a more substantial reduction in the degree of mispricing. Moreover, we discover that product market competition affects mispricing in that smaller degrees of mispricing reflect greater exclusivity; this suggests that lower industry transaction and competition costs lead to less substantial mispricing. Finally, we observe that the effect of information disclosure score on the degree of mispricing is lower in more exclusive industries. Furthermore, a regression process using instrumental variables reveals that IDRs have the significant effect of reducing the degree of mispricing.

scholarly journals Sustainable Knowledge Creation and Corporate Outcomes: Does Corporate Data Governance Matter?

2019 ◽  
Vol 11 (20) ◽  
pp. 5575 ◽  
Author(s):  
Raed A.I. Abueed ◽  
Mehmet Aga
Keyword(s):  
Knowledge Creation ◽  
Structural Equation ◽  
Stock Exchange ◽  
Market Performance ◽  
Sampling Technique ◽  
Equation Modeling ◽  
Data Governance ◽  
Information Transparency ◽  
Corporate Managers ◽  
Corporate Information

It has been recognized that data curation and governance can equip firms with the capability to generate sustainable knowledge. However, the antecedent and consequences of sustainable knowledge creation have not been systematically explored. The model in this study describes how sustainable knowledge creation enhances corporate information transparency, innovation, and financial and market performance. In addition, we also show how corporate data governance fosters sustainable knowledge creation among corporations listed in the Amman Stock exchange. Using survey data from (n = 180) publicly listed corporations and a judgmental sampling technique, we applied partial least squares structural equation modeling (PLS–SEM). Results from PLS–SEM show that corporate data governance is a predictor for sustainable knowledge creation, and sustainable knowledge creation is also a predictor for corporate information transparency and innovative, financial, and market performance. The study offers guidelines for corporate managers to effectively manage and use corporate data responsibly to attain sustainable knowledge creation which in turn results in greater corporate performance and desired outcomes. Implications for practice and theory are discussed.

scholarly journals Information Transparency, Corporate Governance, And Convertible Bonds

2014 ◽  
Vol 30 (2) ◽  
pp. 541
Author(s):  
Tsing-Zai Wu ◽  
Pin-Sheng Lee
Keyword(s):  
Corporate Governance ◽  
Information Asymmetry ◽  
Convertible Bonds ◽  
Conclusive Evidence ◽  
Return Rate ◽  
Board Structure ◽  
Information Transparency ◽  
Law System ◽  
Initial Return ◽  
Corporate Information

Information transparency is a popular topic in capital markets. A firms corporate governance policy, which influences its disclosure behavior and disclosure quality, influences the information transparency perceived in relation to that firm. It was previously understood that greater information asymmetry between investors and issuers/underwriters translates into a larger discount required to be offered in bond pricing by the issuing firm, to attract investors. In this paper, we numerically analyze: (a) the effect of the composition of the board structure on corporate information transparency under the code law system, and (b) the effect of information transparency on the initial return rate of convertible bonds. The results of our study revealed that the board structure affects corporate information disclosure policies under the code law system. Specifically, CEO duality tends to bring about lower information transparency, whereas better information transparency emanates from a higher proportion of independent directors. However, there is a lack of conclusive evidence to support the view that the shareholdings of directors and large shareholders are correlated with information transparency. We also show numerically that greater information transparency combined with lesser information asymmetry (between insiders and outsiders) leads to a lower initial return rate of convertible bonds.

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