Corporate Governance and Quality of Accounting Information

According to some authors, the degradation of the quality of accounting information and the financial scandals that followed are actually the consequence of three factors: poor company management, a less rigorous attitude in relation to the monitoring of the enforcement of the accounting and auditing norms and the sometimes perverse effects of the remuneration system of the managers. In this context, the past years witnessed the national regulatory factors of the financial markets as well as international organisms become more and more preoccupied with the adoption of professional conduct codes and standards in order to consecrate the best practices meant to ensure the transparence of the financial and accounting information for investors and good company management.