Although large shareholders have sufficient influence to engage privately with management, extant literature provides inconclusive evidence on the relation between large equity positions and corporate disclosure. This study examines whether large shareholders’ portfolio diversification affects...

Corporate Social Responsibility (CSR) concept has gained great attention both in the media and academic community in the last few decades. This paper sheds light on the relationship between social disclosures and corporate governance mechanisms, mainly ownership structure and board of directors...

Using a sample of 49 countries, La Porta et al. show that countries whose legal rules originate in the common-law tradition tend to protect investors considerably more than the countries whose legal rules originate in the civil-law, and especially the French-civil-law tradition, with the...

Investor confidence in financial markets depends in large part on the existence of an accurate disclosure and reporting regime that provides transparency in the beneficial ownership and control structures of publicly listed companies. Today, a common post-financial crisis regulatory reform theme...

Disclosure of beneficial ownership is a powerful mechanism for protection of the investors on the capital markets. Through the duty to disclose beneficial ownership issuers, being listed companies, and other participants on capital market (individual investors, institutional investors, competent...