The role of governance mechanisms in achieving the quality of informational disclosure - an applied study in a sample of Iraqi banks

Abstract

This study aims to identify the impact of applying corporate governance mechanisms through its internal and external mechanisms represented by the Board of Directors, Internal Audit, Audit Committee, and External Audit, and to identify the role that these mechanisms play to ensure that disclosure is achieved through the appropriateness and reliability of the information in order to improve the financial statements that include financial reports to deliver complete information. And appropriate for investors and at the appropriate time to reflect negatively To prove the hypothesis of this study, the researcher adopted the descriptive analytical approach and the questionnaire used statistical programs (spss) to analyze the data and statistical information, as well as the adoption of the descriptive analytical method, the arithmetic mean, the Pearson correlation coefficient, the standard deviation, the coefficient of determination R2 and the effect F, the multiple linear regression test model and the normal distribution test.
The study reached several conclusions, the most important of which are: The paragraph of obtaining financial information that enjoys a degree of reliability and is one of the important factors in making investment decisions has the highest relative importance among the paragraphs of the dimensions of informational disclosure. As for the recommendations: the auditor has a major role in enhancing the reliability characteristic. Therefore, it is important to focus on rehabilitating the financial auditor’s expertise and independence in order to perform his role correctly and in a manner that ensures the enhancement of the reliability dimension. or positively on the efficiency of the financial markets, as the financial statements are the main basis that regulates the nature of the relationship between agents and partners.