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Archive for May, 2014

Disclosure and Corporate Governance.

It is often understood that Corporate Governance is highly connected to “transparency and disclosure”. But there is a need to clarify the actual relationship between the two, not only in one direction, but in both.

Adrian Fong from the Faculty of Law, Chinese University of Hong Kong, in his working paper “ Practicing Corporate Governance Through Corporate Disclosure?”, does a good contribution to this effort. (1)

As he points out, “Corporate disclosure is the timely and accurate release of all material matters regarding the [company], including the financial situation, performance, ownership, and governance of the company”. “The purpose of corporate disclosure is to release ….. information to shareholders, employees, possible investors, and the broader community about the company”. Read more…

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