Our thesis topic is about the relationship between corporate governance disclosure and asset size, profitability, leverage etc.
1. The country of interest is the Philippines. Is it a good idea to expand to other countries in our research?
2. Does culture and company tradition also affect the disclosure practices in a specific country? If yes,is its safe to say that we should no expand out research to other countries as Philippines has its own "disclosure practices" compared to other countries assuming that the Philippines do have a different disclosure practice.
Thank you!!
As a suggestion I would have thought it would be best to start with a global context. If doing that, you could follow a sequence along the lines of the following:
1985 Treadway Commission (US)
http://www.coso.org/
1992 Cadbury corporate governance code (UK)
http://www.icaew.com/en/library/subject-gateways/corporate-governance/codes-and-reports/cadbury-report
1998 Hampel report on corporate governance
http://www.icaew.com/en/library/subject-gateways/corporate-governance/codes-and-reports/hampel-report
... then see how these have been adapted to Asian and Philippino contexts.
A few thoughts on Chinese corporate governance attached.
I'll answer number 1: the scope of your study is hardly determined arbitrarily. it will depend on what gap is established by your literature review. the question is what in the literature compels you to study Philippines or Asian nations? 2: better come up with review on system of disclosures of some nations and point out differences and similarities. examine then if literature have focused on influence of tradition on disclosures. however, you have to note that there are internal (institutional) and external factors affecting disclosures.
Thank you for your inputs. But what if our professor asks us why we limited our study to only one country? Can our answer be "we followed two of our literatures which compels us to study only one country as the two literatures only studied one country each"? Thank you again!
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