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    Rights statement: Preprint of an article published in The International Journal of Accounting 2021 Vol. 56 (1) [10.1142/S1094406021500037] © World Scientific Publishing Company

    Accepted author manuscript, 324 KB, PDF document

    Embargo ends: 13/01/22

    Available under license: CC BY-NC: Creative Commons Attribution-NonCommercial 4.0 International License

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Corporate governance and transparency in Japan

Research output: Contribution to journalJournal articlepeer-review

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Corporate governance and transparency in Japan. / Aman, Hiroyuki; Beekes, Wendy; Brown, Philip.

In: The International Journal of Accounting, Vol. 56, No. 1, 2150003, 13.01.2021.

Research output: Contribution to journalJournal articlepeer-review

Harvard

Aman, H, Beekes, W & Brown, P 2021, 'Corporate governance and transparency in Japan', The International Journal of Accounting, vol. 56, no. 1, 2150003. https://doi.org/10.1142/S1094406021500037

APA

Aman, H., Beekes, W., & Brown, P. (2021). Corporate governance and transparency in Japan. The International Journal of Accounting, 56(1), [2150003]. https://doi.org/10.1142/S1094406021500037

Vancouver

Aman H, Beekes W, Brown P. Corporate governance and transparency in Japan. The International Journal of Accounting. 2021 Jan 13;56(1). 2150003. https://doi.org/10.1142/S1094406021500037

Author

Aman, Hiroyuki ; Beekes, Wendy ; Brown, Philip. / Corporate governance and transparency in Japan. In: The International Journal of Accounting. 2021 ; Vol. 56, No. 1.

Bibtex

@article{93746f8fc38c42b6a40afadb65916e3d,
title = "Corporate governance and transparency in Japan",
abstract = "Corporate governance (CG) reformists typically presume better-governed companies are more transparent to investors. We focus on CG and transparency in Japan, where CG has been an ongoing issue. Using local ratings of Japanese companies{\textquoteright} CG, and data on corporate disclosures and their associated stock returns, we do find better-governed Japanese companies have made more frequent and timelier disclosures, and that their share prices have reflected value-relevant information earlier. While these results hold for good news, they do not hold for bad. Consequently, governance guidance in Japan may not have resulted in both timelier and more balanced release of newsworthy information.",
author = "Hiroyuki Aman and Wendy Beekes and Philip Brown",
note = "Preprint of an article published in The International Journal of Accounting 2021 Vol. 56 (1) [10.1142/S1094406021500037] {\textcopyright} World Scientific Publishing Company",
year = "2021",
month = jan,
day = "13",
doi = "10.1142/S1094406021500037",
language = "English",
volume = "56",
journal = "The International Journal of Accounting",
issn = "0020-7063",
publisher = "Elsevier",
number = "1",

}

RIS

TY - JOUR

T1 - Corporate governance and transparency in Japan

AU - Aman, Hiroyuki

AU - Beekes, Wendy

AU - Brown, Philip

N1 - Preprint of an article published in The International Journal of Accounting 2021 Vol. 56 (1) [10.1142/S1094406021500037] © World Scientific Publishing Company

PY - 2021/1/13

Y1 - 2021/1/13

N2 - Corporate governance (CG) reformists typically presume better-governed companies are more transparent to investors. We focus on CG and transparency in Japan, where CG has been an ongoing issue. Using local ratings of Japanese companies’ CG, and data on corporate disclosures and their associated stock returns, we do find better-governed Japanese companies have made more frequent and timelier disclosures, and that their share prices have reflected value-relevant information earlier. While these results hold for good news, they do not hold for bad. Consequently, governance guidance in Japan may not have resulted in both timelier and more balanced release of newsworthy information.

AB - Corporate governance (CG) reformists typically presume better-governed companies are more transparent to investors. We focus on CG and transparency in Japan, where CG has been an ongoing issue. Using local ratings of Japanese companies’ CG, and data on corporate disclosures and their associated stock returns, we do find better-governed Japanese companies have made more frequent and timelier disclosures, and that their share prices have reflected value-relevant information earlier. While these results hold for good news, they do not hold for bad. Consequently, governance guidance in Japan may not have resulted in both timelier and more balanced release of newsworthy information.

U2 - 10.1142/S1094406021500037

DO - 10.1142/S1094406021500037

M3 - Journal article

VL - 56

JO - The International Journal of Accounting

JF - The International Journal of Accounting

SN - 0020-7063

IS - 1

M1 - 2150003

ER -