Corporate governance has emerged as a leading investment criterion for institutional investors with the rise of cross-border portfolio flows, especially for markets with weak investor protection. This study provides firm-level evidence on the relationship between the level of foreign...

The aim of this paper is to measure public disclosure performance of the ISE companies and investigate the sources of differences among the companies. Disclosure performance is measured using a self-constructed public disclosure index (PDI) and applied to companies in the ISE-50 Index....