Aloke Ghosh

Shareholder Participation Improves Financial Reporting Quality

Fewer restrictions on shareholder participation correlate with a relatively low incidence of accounting restatements, according to a new study. The study, entitled “External Corporate Governance and Misreporting,” analyzed external provisions that limit direct shareholder participation in the governance process. The paper was recently accepted for publication in the journal Contemporary Accounting Research, and was written by Lihong Liang of Syracuse University’s Martin J. Whitman School of Management, William Barber of Georgetown University, Sok-Hyon Kang of George Washington University, and Zinan Zhu of the National University of Singapore. Read the full story.

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