Hammond Paul, Opoku Mustapha Osman
Department of Entrepreneurship and Business Sciences, University of Energy and Natural Resources, Sunyani, Ghana.
Catholic University of Ghana, Sunyani Faculty of Economics and Business Administration, Ghana.
Heliyon. 2023 Sep 29;9(10):e20447. doi: 10.1016/j.heliyon.2023.e20447. eCollection 2023 Oct.
This study investigates the mediating role of going concern and corporate reporting on the relationship between corporate governance and investor confidence in financial institutions. The study employed Partial Least Squares Structural Equation Modeling (PLS-SEM) in SmartPLS 3 to analyze the data. The data for the study was collected from financial statements of selected commercial banks in Ghana, Nigeria and South Africa. The results indicate that corporate reporting partially mediates the interrelationships between corporate governance, going concern, and investor confidence. Conversely, there is neither mediation effect of going concern on the association between corporate reporting and investor confidence, nor between corporate governance and investor confidence. The results of the study have practical implications for financial institutions looking to maintain investor confidence and promote financial stability. The results also have policy implications for policymakers and regulators that oversee financial institutions. Knowledge in the field of corporate reporting and governance theoretically also is extended by highlighting the importance of transparency and disclosure in corporate reporting practices. In all, this study contributes to the literature on corporate governance and reporting by providing new insights into the mechanisms by which corporate reporting and going concern impact corporate governance and investor confidence in financial institutions.
本研究考察持续经营和公司报告在公司治理与金融机构投资者信心之间关系中的中介作用。该研究采用SmartPLS 3中的偏最小二乘结构方程模型（PLS-SEM）来分析数据。研究数据取自加纳、尼日利亚和南非部分商业银行的财务报表。结果表明，公司报告部分中介了公司治理、持续经营和投资者信心之间的相互关系。相反，持续经营在公司报告与投资者信心之间的关联中，以及在公司治理与投资者信心之间，均不存在中介效应。该研究结果对寻求维持投资者信心并促进金融稳定的金融机构具有实际意义。研究结果对监管金融机构的政策制定者和监管机构也具有政策意义。通过强调公司报告实践中透明度和披露的重要性，公司报告与治理领域的知识在理论上也得到了拓展。总之，本研究通过提供关于公司报告和持续经营影响公司治理及金融机构投资者信心机制的新见解，为公司治理与报告的文献做出了贡献。
