Improving the information transparency and disclosure in Mongolian listed companies

Abstract

An environment with proper corporate governance creates an open and sustainable economy. To maintain such good governance, four basic elements such as accountability, a principle of fairness, transparency, and responsibility are required. Good corporate governance allows companies to attract new investors or raise capital, strengthen sustainability, and reduce costs by aware of responsibilities, ensuring the information is fair and being transparent to the public. Our research work examines the information disclosed by Mongolian listed companies and base on the Transparency Evaluation Model Questionnaire issued by the Mongolian Stock Exchange.

Our research work has three chapters and involves main and subparagraphs including theoretical framework, best practice of other countries, current situations of the Mongolian listed companies, and recommendations.