The impact of digitalisation on corporate governance in Australia

Corruptive practices refer to the abuse of power for private benefits, and include a wide range of hidden, un-ethical conduct at both the individual and organisational levels. This study focuses on an institutional mechanism that thwarts corrupt practices and improves corporate governance. We examine how the adoption of an inter-national reporting standard, IFRS, impacts transparency when key players such as multinational corporations (MNCs) and global audit firms (Big 4, Big 5, and Big 6) make the transition to an international digital system of information disclosure. These findings support an emerging body of literature that underlines the relevance of international institutional mechanisms as a pragmatic approach to improving corporate governance designed to protect stakeholder interests.