Corporate governance and disclosures on the transition to International Financial Reporting Standards
Article first published online: 6 MAY 2008
© 2007 The Authors. Journal compilation © 2007 AFAANZ
Accounting & Finance
Volume 48, Issue 4, pages 649–671, December 2008
How to Cite
Kent, P. and Stewart, J. (2008), Corporate governance and disclosures on the transition to International Financial Reporting Standards. Accounting & Finance, 48: 649–671. doi: 10.1111/j.1467-629X.2007.00257.x
The authors acknowledge the helpful comments of two anonymous reviewers and the editor, Gary Monroe. We also thank Tracy Artiach, Mike Bradbury, Andrew Carrick, Peter Clarkson, Jan Hollindale, Grace Hsu, Richard Morris, Alan Ramsay, Philip Sinnadurai, Kevin Stevenson, Irene Tutticci, Anne Wyatt, Ian Zimmer and participants at the UTS Summer Conference, University Technology Sydney (February 2007) and the 30th Annual Congress of the European Accounting Association (Lisbon, Portugal, April 2007) for their comments on earlier versions of this paper.
- Issue published online: 23 OCT 2008
- Article first published online: 6 MAY 2008
- Received 16 March 2007; accepted 5 November 2007 by Gary Munroe (Deputy Editor).
- International Financial Reporting Standards;
- Corporate governance;
For reporting periods ending on or after 30 June 2004, Australian companies were required to disclose the expected impact of applying Australian equivalents of International Financial Reporting Standards effective from 1 January 2005. 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.