THE IMPACT OF CORPORATE GOVERNANCE ON THE APPROPRIATENESS OF THE VALUE OF ACCOUNTING INFORMATION

Abstract

This research aims to know the impact of corporate governance on the appropriateness of the value of accounting information for the banks in the research sample listed in the Iraq Stock Exchange. The financial statements of the research sample (10) banks were relied upon (Iraqi Islamic Bank, United Investment Bank, Asia Iraq Islamic Bank, Ashur International Investment Bank, Mansour Investment Bank, Mosul Development and Investment Bank, Cihan Bank for Investment and Islamic Finance, Sumer Commercial Bank, Trans Iraq Investment Bank, Kurdistan Bank) and the scientific approach was used, i.e. a mixed methodology that combines the theoretical aspect represented by the cognitive foundations of corporate governance and the appropriateness of the value of accounting information, and the practical aspect by applying statistical analysis to measure the impact of corporate governance on the appropriateness of the value of accounting information. The results were that the application of corporate governance reduces manipulation of accounting information and the presence of an effective role for boards of directors in the proper application of corporate governance, and the presence of a positive relationship between corporate governance and the appropriateness of the value of accounting information. It was recommended to spread awareness among employees about the importance of governance and to develop training programs to help them properly apply corporate governance, and to direct greater attention to corporate governance because of its positive impact on the appropriateness of the value of accounting information.