{"id":"https://openalex.org/W4412932005","doi":"https://doi.org/10.3390/jrfm18080426","title":"Strengthening Corporate Governance and Financial Reporting Through Regulatory Reform: A Comparative Analysis of Greek Laws 3016/2002 and 4706/2020","display_name":"Strengthening Corporate Governance and Financial Reporting Through Regulatory Reform: A Comparative Analysis of Greek Laws 3016/2002 and 4706/2020","publication_year":2025,"publication_date":"2025-08-01","ids":{"openalex":"https://openalex.org/W4412932005","doi":"https://doi.org/10.3390/jrfm18080426"},"language":"en","primary_location":{"id":"doi:10.3390/jrfm18080426","doi":"https://doi.org/10.3390/jrfm18080426","is_oa":true,"landing_page_url":"https://doi.org/10.3390/jrfm18080426","pdf_url":"https://www.mdpi.com/1911-8074/18/8/426/pdf?version=1754030233","source":{"id":"https://openalex.org/S4210217951","display_name":"Journal of risk and financial management","issn_l":"1911-8066","issn":["1911-8066","1911-8074"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core","poland-20","vabb-shw"],"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Risk and Financial Management","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://www.mdpi.com/1911-8074/18/8/426/pdf?version=1754030233","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5092917751","display_name":"Savvina Paganou","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I89506807","display_name":"University of Western Macedonia","ror":"https://ror.org/00a5pe906","country_code":"GR","type":"education","lineage":["https://openalex.org/I89506807"]}],"countries":["GR"],"is_corresponding":true,"raw_author_name":"Savvina Paganou","raw_affiliation_strings":["Department of Management Science and Technology, University of Western Macedonia, 50100 Kozani, Greece"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Management Science and Technology, University of Western Macedonia, 50100 Kozani, Greece","institution_ids":["https://openalex.org/I89506807"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5037480265","display_name":"Ioannis I. Antoniadis","orcid":"https://orcid.org/0000-0002-5008-2935","observed_orcids":["https://orcid.org/0000-0002-5008-2935"]},"institutions":[{"id":"https://openalex.org/I89506807","display_name":"University of Western Macedonia","ror":"https://ror.org/00a5pe906","country_code":"GR","type":"education","lineage":["https://openalex.org/I89506807"]}],"countries":["GR"],"is_corresponding":true,"raw_author_name":"Ioannis Antoniadis","raw_affiliation_strings":["Department of Management Science and Technology, University of Western Macedonia, 50100 Kozani, Greece"],"raw_orcid":"https://orcid.org/0000-0002-5008-2935","affiliations":[{"raw_affiliation_string":"Department of Management Science and Technology, University of Western Macedonia, 50100 Kozani, Greece","institution_ids":["https://openalex.org/I89506807"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5040480170","display_name":"Panagiota I. Xanthopoulou","orcid":"https://orcid.org/0000-0003-2503-3901","observed_orcids":["https://orcid.org/0000-0003-2503-3901"]},"institutions":[{"id":"https://openalex.org/I4210094138","display_name":"University of West Attica","ror":"https://ror.org/00r2r5k05","country_code":"GR","type":"education","lineage":["https://openalex.org/I4210094138"]}],"countries":["GR"],"is_corresponding":false,"raw_author_name":"Panagiota Xanthopoulou","raw_affiliation_strings":["Department of Business Administration, University of West Attica, 250 Petrou Ralli and Thivon, 12243 Egaleo, Greece"],"raw_orcid":"https://orcid.org/0000-0003-2503-3901","affiliations":[{"raw_affiliation_string":"Department of Business Administration, University of West Attica, 250 Petrou Ralli and Thivon, 12243 Egaleo, Greece","institution_ids":["https://openalex.org/I4210094138"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5029143190","display_name":"Vasileios Kanavas","orcid":"https://orcid.org/0009-0005-2103-3252","observed_orcids":["https://orcid.org/0009-0005-2103-3252"]},"institutions":[{"id":"https://openalex.org/I89506807","display_name":"University of Western Macedonia","ror":"https://ror.org/00a5pe906","country_code":"GR","type":"education","lineage":["https://openalex.org/I89506807"]}],"countries":["GR"],"is_corresponding":false,"raw_author_name":"Vasilios Kanavas","raw_affiliation_strings":["Department of International and European Economic Studies, University of Western Macedonia, 50100 K\u03bfila Kozanis, Greece"],"raw_orcid":"https://orcid.org/0009-0005-2103-3252","affiliations":[{"raw_affiliation_string":"Department of International and European Economic Studies, University of Western Macedonia, 50100 K\u03bfila Kozanis, Greece","institution_ids":["https://openalex.org/I89506807"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5037480265","https://openalex.org/A5092917751"],"corresponding_institution_ids":["https://openalex.org/I89506807"],"apc_list":{"value":1400,"currency":"CHF","value_usd":1689},"apc_paid":{"value":1400,"currency":"CHF","value_usd":1689},"fwci":1.4842,"has_fulltext":true,"cited_by_count":3,"citation_normalized_percentile":{"value":0.8243784,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":91,"max":95},"biblio":{"volume":"18","issue":"8","first_page":"426","last_page":"426"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T14102","display_name":"Corporate Governance and Law","score":0.5503000020980835,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T14102","display_name":"Corporate Governance and Law","score":0.5503000020980835,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.3312999904155731,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.06769999861717224,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":0.7799999713897705},{"id":"https://openalex.org/keywords/financial-reporting-quality","display_name":"financial reporting quality","score":0.8769999742507935},{"id":"https://openalex.org/keywords/regulatory-reform","display_name":"regulatory reform","score":0.8169999718666077},{"id":"https://openalex.org/keywords/internal-control","display_name":"internal control","score":0.7789999842643738},{"id":"https://openalex.org/keywords/disclosure-requirements","display_name":"disclosure requirements","score":0.8899999856948853},{"id":"https://openalex.org/keywords/investor-protection","display_name":"investor protection","score":0.8009999990463257},{"id":"https://openalex.org/keywords/compliance-burden","display_name":"compliance burden","score":0.7229999899864197},{"id":"https://openalex.org/keywords/small-and-medium-sized-enterprises","display_name":"small and medium-sized enterprises","score":0.7039999961853027},{"id":"https://openalex.org/keywords/listed-companies","display_name":"listed companies","score":0.6050000190734863},{"id":"https://openalex.org/keywords/transparency","display_name":"transparency","score":0.30399999022483826}],"concepts":[{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.7724490165710449},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.6108987927436829},{"id":"https://openalex.org/C2777351259","wikidata":"https://www.wikidata.org/wiki/Q7309700","display_name":"Regulatory reform","level":2,"score":0.5335835218429565},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5104726552963257},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.4120499789714813},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.38122498989105225},{"id":"https://openalex.org/C190253527","wikidata":"https://www.wikidata.org/wiki/Q295354","display_name":"Law and economics","level":1,"score":0.3577989339828491},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.33073562383651733},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2256186604499817}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.3390/jrfm18080426","doi":"https://doi.org/10.3390/jrfm18080426","is_oa":true,"landing_page_url":"https://doi.org/10.3390/jrfm18080426","pdf_url":"https://www.mdpi.com/1911-8074/18/8/426/pdf?version=1754030233","source":{"id":"https://openalex.org/S4210217951","display_name":"Journal of risk and financial management","issn_l":"1911-8066","issn":["1911-8066","1911-8074"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core","poland-20","vabb-shw"],"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Risk and Financial Management","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.3390/jrfm18080426","doi":"https://doi.org/10.3390/jrfm18080426","is_oa":true,"landing_page_url":"https://doi.org/10.3390/jrfm18080426","pdf_url":"https://www.mdpi.com/1911-8074/18/8/426/pdf?version=1754030233","source":{"id":"https://openalex.org/S4210217951","display_name":"Journal of risk and financial management","issn_l":"1911-8066","issn":["1911-8066","1911-8074"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core","poland-20","vabb-shw"],"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Risk and Financial Management","raw_type":"journal-article"},"sustainable_development_goals":[{"display_name":"Peace, justice, and strong institutions","id":"https://metadata.un.org/sdg/16","score":0.8999999761581421}],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320319174","display_name":"University of Western Macedonia","ror":"https://ror.org/00a5pe906"}],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4412932005.pdf","grobid_xml":"https://content.openalex.org/works/W4412932005.grobid-xml"},"referenced_works_count":76,"referenced_works":["https://openalex.org/W1544996507","https://openalex.org/W1991166568","https://openalex.org/W1992742379","https://openalex.org/W1999949445","https://openalex.org/W2015867654","https://openalex.org/W2028261688","https://openalex.org/W2029737706","https://openalex.org/W2053345762","https://openalex.org/W2061802549","https://openalex.org/W2065541693","https://openalex.org/W2068155429","https://openalex.org/W2083793764","https://openalex.org/W2092055388","https://openalex.org/W2092657963","https://openalex.org/W2098766253","https://openalex.org/W2115700878","https://openalex.org/W2126965979","https://openalex.org/W2128559011","https://openalex.org/W2140405227","https://openalex.org/W2146576574","https://openalex.org/W2151359447","https://openalex.org/W2163862374","https://openalex.org/W2168489384","https://openalex.org/W2252730317","https://openalex.org/W2283276814","https://openalex.org/W2326787527","https://openalex.org/W2340791987","https://openalex.org/W2344900327","https://openalex.org/W2482435929","https://openalex.org/W2600517503","https://openalex.org/W2759133257","https://openalex.org/W2782866737","https://openalex.org/W2794680879","https://openalex.org/W2796382436","https://openalex.org/W2937261591","https://openalex.org/W2945924498","https://openalex.org/W2980655164","https://openalex.org/W3092832757","https://openalex.org/W3093992404","https://openalex.org/W3096665998","https://openalex.org/W3121300901","https://openalex.org/W3121522673","https://openalex.org/W3121759882","https://openalex.org/W3122209911","https://openalex.org/W3122991787","https://openalex.org/W3123091495","https://openalex.org/W3123914271","https://openalex.org/W3124056741","https://openalex.org/W3124478565","https://openalex.org/W3125266448","https://openalex.org/W3128639635","https://openalex.org/W4205396711","https://openalex.org/W4211020961","https://openalex.org/W4238260097","https://openalex.org/W4249832686","https://openalex.org/W4255839307","https://openalex.org/W4280562806","https://openalex.org/W4288781234","https://openalex.org/W4294898280","https://openalex.org/W4322503372","https://openalex.org/W4323668199","https://openalex.org/W4379536908","https://openalex.org/W4387304100","https://openalex.org/W4392946592","https://openalex.org/W4393990401","https://openalex.org/W4394577227","https://openalex.org/W4396558424","https://openalex.org/W4396869081","https://openalex.org/W4399261746","https://openalex.org/W4400201074","https://openalex.org/W4400338157","https://openalex.org/W4401577303","https://openalex.org/W4404364467","https://openalex.org/W4406197983","https://openalex.org/W4406473568","https://openalex.org/W4406707012"],"related_works":["https://openalex.org/W4404364467","https://openalex.org/W4288781234","https://openalex.org/W1493865155","https://openalex.org/W2065541693","https://openalex.org/W2042398129","https://openalex.org/W2140405227","https://openalex.org/W1531727181","https://openalex.org/W2954505736","https://openalex.org/W1814096644","https://openalex.org/W2235219711"],"abstract_inverted_index":{"This":[0],"study":[1,55],"explores":[2],"how":[3,57],"corporate":[4,232],"governance":[5,31,79,163,233,249],"reforms":[6],"can":[7],"enhance":[8],"financial":[9,101,128,237,252],"reporting":[10,253],"quality":[11],"and":[12,39,87,100,106,117,127,142,148,164,169,187,234,242,251],"organizational":[13],"transparency,":[14],"focusing":[15,138],"on":[16,104,139,152,248],"Greece\u2019s":[17,223],"transition":[18],"from":[19],"Law":[20,23,58,65,74,159,194],"3016/2002":[21],"to":[22,29,123,181,216],"4706/2020.":[24],"The":[25],"legislative":[26],"reform":[27],"aimed":[28],"modernize":[30],"structures,":[32],"align":[33],"national":[34],"practices":[35],"with":[36,64,92],"international":[37],"standards,":[38],"strengthen":[40],"investor":[41,88],"protection":[42],"in":[43],"a":[44,50,113,118,227],"post-crisis":[45],"economic":[46],"environment.":[47],"Moving":[48],"beyond":[49],"simple":[51],"legal":[52,121,245],"comparison,":[53],"the":[54,93,110,125,131,182,188,197,218],"examines":[56],"3016/2002\u2019s":[59],"formal":[60],"compliance":[61,91,178],"model":[62],"contrasts":[63],"4706/2020\u2019s":[66,195],"more":[67,235],"substantive":[68],"accountability":[69],"framework.":[70],"We":[71,220],"hypothesize":[72],"that":[73,158,222],"4706/2020":[75,160],"introduces":[76],"substantively":[77],"stronger":[78],"mechanisms":[80],"than":[81],"its":[82],"predecessor,":[83],"thereby":[84],"improving":[85],"transparency":[86],"protection,":[89],"while":[90],"new":[94,132,224],"law":[95,133],"imposes":[96],"materially":[97],"greater":[98],"administrative":[99,126],"burdens,":[102],"especially":[103],"small-":[105],"mid-cap":[107],"firms.":[108],"Methodologically,":[109],"research":[111,207],"employs":[112],"narrative":[114],"literature":[115],"review":[116],"structured":[119],"comparative":[120,154],"analysis":[122],"assess":[124],"implications":[129],"of":[130,184,190],"for":[134],"publicly":[135],"listed":[136,185],"companies,":[137],"board":[140,171],"composition":[141],"diversity,":[143],"internal":[144],"controls,":[145],"suitability":[146],"policies,":[147],"disclosure":[149,165],"requirements.":[150],"Drawing":[151],"prior":[153],"evidence,":[155],"we":[156],"posit":[157],"will":[161],"foster":[162],"improvements,":[166],"enhanced":[167],"oversight,":[168],"clearer":[170],"roles.":[172],"However,":[173],"these":[174],"measures":[175],"also":[176],"impose":[177],"burdens.":[179],"Due":[180],"heterogeneity":[183],"companies":[186],"lack":[189],"firm-level":[191],"data":[192,213],"following":[193],"implementation,":[196],"findings":[198],"are":[199],"neither":[200],"fully":[201],"generalizable":[202],"nor":[203],"quantifiable;":[204],"future":[205],"quantitative":[206],"using":[208],"event":[209],"studies":[210],"or":[211],"panel":[212],"is":[214,226],"required":[215],"validate":[217],"hypotheses.":[219],"conclude":[221],"framework":[225],"critical":[228],"step":[229],"toward":[230],"sustainable":[231],"transparent":[236],"reporting,":[238],"offering":[239],"regulators,":[240],"practitioners,":[241],"scholars":[243],"examining":[244],"reform\u2019s":[246],"impact":[247],"effectiveness":[250],"integrity.":[254]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":2}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2025-10-10T00:00:00"}
