Saturday, September 09, 2006

Good Disclosure Linked to Good Corporate Governance


There is a direct link between good disclosure practices and sound corporate governance, noted New Zealand Securities Commissioner David Jackson, and what academics call the ``informativeness of disclosure’’ can attract attention from analysts and ultimately drive market integrity. In remarks at the recent AIG Corporate Governance seminar, the commissioner observed that academic research has found that disclosure practices are an important link between corporate governance and market integrity and efficiency.

In what may be a case of first impression, the research found a strong correlation between the quality of governance in listed companies and how well informed the market is about those companies.

See full Article.