Open AccessImpact of Corporate Governance on Social Information Disclosure
Author(s) -
Bishnu Prasad Lamsal
Publication year - 2021
Publication title -
madhayabindu journal
Language(s) - English
Resource type - Journals
ISSN - 2505-0605
DOI - 10.3126/madhyabindu.v6i1.42761
Subject(s) - corporate governance , business , accounting , joint venture , shareholder , order (exchange) , element (criminal law) , information asymmetry , stakeholder , joint (building) , public disclosure , public relations , finance , political science , commerce , architectural engineering , law , engineering , mechanical engineering
Information disclosure is an integral to corporate governance, i.e., an important element of corporate governance, since higher disclosure could be able to reduce the information asymmetry, to clarify the conflict of interests between the shareholders and the management, and to make corporate insiders accountable. The study has utilized primary data. In order to collect the primary data, 150 questionnaires were distributed to the customers of 16 Nepalese commercial banks that include private banks, joint venture banks and public banks. The study includes eight non joint venture banks, six joint venture banks and two public banks. The opinion survey reveals that the most of the respondents are convinced about effective corporate governance is linked towards the better level of social information disclosure. The majority of respondents have highlighted that CEO and Chairman must be different for high level of social information disclosure.