THE EFFECT OF APPLYING GOOD GOVERNANCE ON THE QUALITY OF FINANCIAL REPORTS FOR A SAMPLE OF INDUSTRIAL COMPANIES LISTED ON THE IRAQI STOCK EXCHANGE

Аннотация

The research aimed to test the relationship between good governance and the quality of financial reports. For a sample of Iraqi companies listed on the Iraq Stock Exchange, the study sample was 16 industrial companies from 2015-2021. The quality of financial reports was measured through the Jones 1991 scale, and good governance was measured through the number of members of the Board of Directors and the number of independent members. The study concluded a positive relationship between good governance and the quality of financial reports, as the size of the board of directors improves the quality of financial reports. There was also a statistically significant effect of the number of independent board members on the quality of financial reports.