• ISSN: 2301-3567
    • Frequency: Quarterly (2013-2014); Monthly (Since 2015)
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms Jessica C. Xiao
    • Abstracting/ Indexing: DOAJ, Engineering & Technology Library,  Electronic Journals Library, Ulrich's Periodicals Directory, MESLibrary, Google Scholar, Crossref, and ProQuest.
    • E-mail: joebm@ejournal.net
JOEBM 2016 Vol.4(1): 15-22 ISSN: 2301-3567
DOI: 10.7763/JOEBM.2016.V4.360

Do Specific Corporate Governance Attributes Contribute to the Quality of Financial Reporting? Evidence from Romania

Andra Gajevszky
Abstract— The academic arena proves that one of the most important functions that corporate governance can attain is assuring the quality of the financial reporting process. This research aims to investigate the correlation between specific corporate governance attributes and the quality of financial reporting process across the Romanian entities listed on the Bucharest Stock Exchange. The sample consists of 50 non-financial companies analyzed through a period of three years: 2011, 2012 and 2013. In order to measure the quality of financial reporting, two accrual models were implemented, namely Dechow et al. (1995) model and Kothari et al. (2005) model. The main finding of this study reveals that in the case of Romanian listed entities, the Board independence (BI) makes its unique contribution in influencing the quality of the financial reporting process. In terms of control variables, the firm size has an important influence in shaping the financial reporting quality.

Index Terms— Corporate governance, financial reporting, accruals, Romania.

Andra Gajevszky is with the Bucharest University of Economic Studies, Bucharest, the Institute of Doctoral Studies, Tache Ionescu Street 11, Faculty of Accounting, Romania (e-mail: gajevszkyandra@yahoo.com).

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Cite: Andra Gajevszky, " Do Specific Corporate Governance Attributes Contribute to the Quality of Financial Reporting? Evidence from Romania," Journal of Economics, Business and Management vol. 4, no. 1, pp. 15-22, 2016.

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