The Impact of Corporate Governance on Capital Market Efficiency: a Study of Accounting Information Disclosure

EasyChair Preprint 14223

Abstract

This study investigates the impact of corporate governance on capital market efficiency, with a particular focus on the role of accounting information disclosure. Effective corporate governance is crucial for ensuring transparency and accountability within firms, which in turn influences the efficiency of capital markets. The research explores how robust governance mechanisms, including board structure, ownership concentration, and regulatory compliance, affect the quality and timeliness of financial disclosures. By analyzing data from various firms across different sectors, the study evaluates the extent to which transparent accounting practices contribute to market liquidity, investor confidence, and the accurate pricing of securities. The findings suggest that enhanced corporate governance leads to improved disclosure quality, reducing information asymmetry and fostering a more efficient market. This study provides empirical evidence supporting the notion that stringent governance frameworks are essential for the development of transparent financial markets, highlighting the critical role of accurate accounting.

Keyphrases: Accounting, Finance, management

@booklet{EasyChair:14223,
  author    = {Abi Litty},
  title     = {The Impact of Corporate Governance on Capital Market Efficiency: a Study of Accounting Information Disclosure},
  howpublished = {EasyChair Preprint 14223},
  year      = {EasyChair, 2024}}