Disclosure standards of large New Zealand companies : a content analysis study of compliance with the FMA’s corporate governance guidelines

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Authors
Chang, Allan
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Date
2017-09-25
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Journal Article
Ngā Upoko Tukutuku (Māori subject headings)
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New Zealand
corporate governance disclosure
Financial Markets Authority (FMA) of New Zealand
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Citation
Chang, A. (2017). Disclosure standards of large New Zealand companies: A content analysis study of compliance with the FMA’s corporate governance guidelines. (Unitec ePress Occasional and Discussion Paper Series 2017/5). Unitec ePress. ISSN 2324-3635 Retrieved from http://www.unitec.ac.nz/epress.
Abstract
This qualitative study is an attempt to gain some insights into the level of corporate governance disclosure in New Zealand. A sample of ten large publicly-listed companies was analysed to determine to what extent they fulfil the requirements of the corporate governance principles and guidelines as recommended by the Financial Markets Authority (FMA) of New Zealand. Even though compliance with the FMA’s recommendations is voluntary, a high overall percentage of compliance (74%) was recorded in this study. This indicates the seriousness with which New Zealand companies take investor concerns on issues of corporate governance.
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Unitec ePress
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Disclosure standards of large New Zealand companies: A content analysis study of compliance with the FMA’s corporate governance guidelines by Allan Chang is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Attribution-NonCommercial-NoDerivs 3.0 New Zealand
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