This study investigates the impact of independent directors' participation in the shareholders meeting on corporate governance, and finds that the more frequently the independent directors attend shareholder meetings, the lower the degree of earnings management by the enterprise; the mechanism test shows that more information increases the probability, frequency, and severity of independent directors’ subsequent dissenting opinions; This study identified a new channel for independent directors to independently obtain true information and this is of great significance for regulators, shareholders, company board, and other stakeholders with an interest in how the information influence independent directors governance effects.
Shuai Qin ;
Xiangting Kong ;
Tan Jinsong ;
Can Independent Directors Improve Governance Effects by Attending Shareholder Meetings? An Earnings Management Perspective （2022年12月08日）http://www.cfrn.com.cn//lw/gsjr/gszllw/cc1bc3945b28480fb2e7b703f51217a3.htm