Corporate governance impacts compliance quality in continuous disclosure, shaping market transparency.
The article looks at how well companies follow rules about sharing important information, and if having good corporate governance makes a difference. The researchers studied companies in New Zealand and found that after a rule change, companies did a better job of following the disclosure rules. However, the quality of compliance was not consistently affected by how well the companies were governed. This research gives regulators important insights into how to make sure companies share information properly.