The relationship between corporate governance, corruption and forward-looking information disclosure: a comparative study

Ben Kwame Agyei-Mensah
  • Corporate Governance, April 2017, Emerald
  • DOI: 10.1108/cg-11-2015-0150

What is it about?

This paper tried to find out whether the corruption perception level of a country affects the disclosure of forward-looking information. It is important to note that when companies want to hide their corrupt practices they tend to disclose less information. The paper examined two countries in Africa, Botswana and Ghana. Whilst Botswana is the least corrupt country in Africa, according to Transparency International, Ghana is one of the most corrupt countries on the continent. The results showed that firms in the least corrupt country, Botswana disclose more forward-looking information than Ghana, one of the most corrupt countries.

Why is it important?

This is one of the few studies in Sub-Saharan Africa that tests the transparency levels of listed firms in the two countries by considering the impact of corporate governance factors on disclosure of forward-looking information.

The following have contributed to this page: Dr Ben Kwame Agyei-Mensah