Corporate Transparency: Economic Feasibility and Regulatory Issues

被引:0
|
作者
Ruzhanskaya, Ludmila [1 ,2 ,3 ]
机构
[1] Urals State Univ, Fac Econ, Econ Sci, Ekaterinburg, Russia
[2] Urals State Univ, Fac Econ, Ekaterinburg, Russia
[3] Urals State Univ, Fac Econ, Dept Theory & Practice Management, Ekaterinburg, Russia
来源
EKONOMICHESKAYA POLITIKA | 2010年 / 05期
关键词
disclosure; government regulation; corporate governance; financial performance of the company;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
The article deals with the problems of low transparency of Russian companies. The paper analyzes the impact of the regulator on the disclosure of information and incentives for the firm decision-makers to disclose information. On the basis of economic feasibility the link between the transparency of the largest Russian companies and financial results of their activities is estimated. The author concludes that the existence of intrinsic motivation to disclose information to attract external funding can be supported by government regulation of issuers.
引用
收藏
页码:156 / +
页数:25
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