Research on Corporate Governance and Financial Reporting

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Business and Entrepreneurship".

Deadline for manuscript submissions: 30 November 2025 | Viewed by 1647

Special Issue Editor

Girard School of Business, Merrimack College, 315 Turnpike Street, North Andover, MA 01845, USA
Interests: corporate governance;labor lawsuits; employee treatment; innovation
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

Corporate governance and financial reporting are critical components of modern business operations. Effective governance structures and transparent financial reporting are essential for maintaining investor confidence and ensuring regulatory compliance. Any violations or issues arising from poor governance or inaccurate financial reporting can create severe consequences for firms, including direct costs (e.g., fines) and indirect costs (e.g., loss of reputation). This Special Issue will address the importance of corporate governance and financial reporting in the context of social responsibility. We aim to publish novel research on various aspects of governance structures, financial transparency, regulatory challenges, and best practices in financial reporting. Theoretical and empirical research papers focusing on the above-listed issues are welcome, whether from an economics, finance, management, or policymaking perspective.

Dr. Omer Unsal
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

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Keywords

  • corporate governance
  • financial reporting
  • transparency
  • regulatory compliance
  • investor confidence
  • governance structures
  • financial transparency
  • financial disclosure
  • accountability
  • risk management
  • board of directors
  • auditing
  • ethics in finance
  • corporate social responsibility
  • financial performance

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Published Papers (1 paper)

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Review

22 pages, 760 KiB  
Review
Strengthening Corporate Governance and Financial Reporting Through Regulatory Reform: A Comparative Analysis of Greek Laws 3016/2002 and 4706/2020
by Savvina Paganou, Ioannis Antoniadis, Panagiota Xanthopoulou and Vasilios Kanavas
J. Risk Financial Manag. 2025, 18(8), 426; https://doi.org/10.3390/jrfm18080426 - 1 Aug 2025
Viewed by 1316
Abstract
This study explores how corporate governance reforms can enhance financial reporting quality and organizational transparency, focusing on Greece’s transition from Law 3016/2002 to Law 4706/2020. The legislative reform aimed to modernize governance structures, align national practices with international standards, and strengthen investor protection [...] Read more.
This study explores how corporate governance reforms can enhance financial reporting quality and organizational transparency, focusing on Greece’s transition from Law 3016/2002 to Law 4706/2020. The legislative reform aimed to modernize governance structures, align national practices with international standards, and strengthen investor protection in a post-crisis economic environment. Moving beyond a simple legal comparison, the study examines how Law 3016/2002’s formal compliance model contrasts with Law 4706/2020’s more substantive accountability framework. We hypothesize that Law 4706/2020 introduces substantively stronger governance mechanisms than its predecessor, thereby improving transparency and investor protection, while compliance with the new law imposes materially greater administrative and financial burdens, especially on small- and mid-cap firms. Methodologically, the research employs a narrative literature review and a structured comparative legal analysis to assess the administrative and financial implications of the new law for publicly listed companies, focusing on board composition and diversity, internal controls, suitability policies, and disclosure requirements. Drawing on prior comparative evidence, we posit that Law 4706/2020 will foster governance and disclosure improvements, enhanced oversight, and clearer board roles. However, these measures also impose compliance burdens. Due to the heterogeneity of listed companies and the lack of firm-level data following Law 4706/2020’s implementation, the findings are neither fully generalizable nor quantifiable; future quantitative research using event studies or panel data is required to validate the hypotheses. We conclude that Greece’s new framework is a critical step toward sustainable corporate governance and more transparent financial reporting, offering regulators, practitioners, and scholars examining legal reform’s impact on governance effectiveness and financial reporting integrity. Full article
(This article belongs to the Special Issue Research on Corporate Governance and Financial Reporting)
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