This dissertation expands on the existing disclosure theory by considering the monitoring role of a firm's disclosure as well as recognizing how a firm's disclosure is influenced by the firm's monitoring mechanisms. The first chapter of the dissertation examines the effect of corporate governance on a firm's earnings reporting process. I develop a model that highlights the trade-offs and interdependencies between the audit function and the governance quality of the firm. This allows me to explain many seemingly surprising empirical findings in the area of corporate governance and provide several new testable predictions. The second Chapter addresses an important issue of how a firm's disclosure policy is influenced by information transfers across multiple markets that it accesses. The model captures the monitoring role of disclosures and addresses the issue of how a firm's disclosure policy may influence its governance choices and further, analyzes the interaction between different monitoring instruments, namely, disclosures, institutional investors and other internal corporate governance mechanisms.

Last modified

• 06/05/2018

Creator

• Ramanan Natarajan

DOI

• https://doi.org/10.21985/N2ST32

Subject

• Accounting Information and Management

Keyword

• Disclosure
• Corporate governance

Date created

• 2007-05-09

Resource type

• Dissertation

Rights statement

• In Copyright