Cultural Secrecy and Anti-corruption Disclosure in Large Multinational Companies

• Type: Article in International Scientific Journal
• Date: 2019-06

Authors

Renata Melo (Author) FEP; Manuel Castelo Branco (Author) FEP; Den Patten (Author) Other

Journal

Title: Australian Accounting Review

Vol. 29 No. 2

Pages: 438-448 (11)

ISSN: 1035-6908

Publisher: Wiley-Blackwell

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ISI Web of Knowledge - 25 Citations

ISI Web of Science

Scopus - 32 Citations

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Other information

Authenticus ID: P-00P-YSW

DOI: 10.1111/auar.12231

Abstract (EN): This paper analyses the relation between countries' cultural characteristics and anti-corruption disclosure. In particular, it extends prior research and examines whether country-level secrecy also appears to impact differences in this type of disclosure, while controlling for factors previously shown to matter. Using Transparency International ratings of disclosures on anti-corruption efforts by large multinational firms and an ordinal regression analysis, the paper documents that companies from more 'secretive' countries have significantly lower levels of anti-corruption disclosure. © 2018 CPA Australia Ltd (CPA Australia).

Language: English

Type (Professor's evaluation): Scientific