Do board of directors’ characteristics and executive remuneration impact financial reporting quality? A quantitative analysis of the Nordic manufacturing sector

The current paper aims to analyze the effects of corporate boards directors’ characteristics, executive remuneration, and several governance characteristics manufacturing firms in three Nordic nations (Finland, Sweden, Denmark) on quality financial information, measured by total discretionary accruals (measured both balance sheet, cash flow method). extant literature underpins that do affect reporting. Nonetheless, there is a paucity studies theorize explore linkages amongst above-mentioned determinants their reporting quality. study uses as proxy A higher (lower) level implies lower (higher) analysis has been performed based firm-level unbalanced pooled secondary data 88 publicly listed (698 firm-years) sector Finland, Denmark for period 2013–2020. results indicate ratio performance remuneration fixed chief officers (CEOs) well board members, experience number directorship positions are held firm’s members other (the phenomenon multiple directorships) adversely data. However, education size, firm size favorably affects