Purpose: Corporate governance has recently attained huge attention in corporate law and is considered an antidote to combat corporate corruption. The study aims to examine the relationship between; accounting information, corporate control mechanisms and corruption.
Design/Methodology/Approach: It conducts a critical evaluation of the relevant literature that interrogates the contribution of good corporate governance of the financial accounting information as the use of externally reported financial accounting data in both direct and indirect ways.
Findings: Results suggest that corporate control mechanisms are the most effective tools for reducing corruption from the supply side. These mechanisms are essential for improving the operation of securities markets, which in the uncertain environment of this era seek accurate and reliable information based on transparent financial statements.
Implications/Originality/Value: This study will help to understand the significance of implementing corporate governance regulation, corporate control mechanisms and accounting information that can help eradicate corporate corruption. The use of transparent financial accounting information in corporate control systems improves the governance process efficacy, avoiding corporate corruption. It will suggest that corporate governance and control procedures can curb the offence of bribery and fraud by acting as a deterrent to corruption.
Purpose: This study evaluates the effects of the global financial crisis rooted in ethical deterioration. However, the worldwide regulatory reform agenda has largely overlooked this factor and focused on the technical needs. Also, look at the relative influence of various players within the corporate governance and regulatory equation to determine the shape that enforcement takes.
Design/Methodology/Approach: The qualitative method is used in this study by analyzing statutes, local and international protocols, conventions, and treaties.
Findings: In this work, the magnitude of the global financial disaster has shown how erroneous market ordering optimism. The tangible and conceptual certainty linked with finance capitalism's primacy has vanished. This has created a debate regarding the privileged and the general public. The critical question is how to respond. Rules are too readily transacted around, and principles lack the granularity to be enforceable to address ethical flaws.
Implications/Originality/Value: We must pay considerably greater attention to the moral dimension of market activity or how people live their lives professionally. It is a chore we should avoid at all costs.
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