Ownership concentration and Covid-19 disclosure: the mediating role of corporate leverage

Purpose This paper aims to examine the impact of ownership concentration on Covid-19 disclosure in narrative sections corporate annual reports. It also explores mediating role leverage concentration–Covid-19 relationship. Design/methodology/approach uses automated textual analysis measure applies different regression models test research hypotheses and address endogeneity problem. univariate multivariate analyses through correlations ordinary least squares. Findings The shows that has a negative disclosure. negatively affects disclosure, it partial effect Practical implications results offer important practical for government, management, shareholders policymakers. For example, managers are encouraged consider small shareholders’ interests provide sufficient level avoid violating their rights. Also, government may forming mechanism balancing structure protect investors weaken large tunnelling behaviours. Originality/value offers two contributions governance literature. First, provides new empirical evidence relationship between Second, ratio