We investigate the association of foreign share ownership with firm‐level disclosure and
corporate governance structures in Zimbabwe, a developing country in Southern Africa. Our
motivation for the study derives from the literature, which suggests that foreign investors:(1)
generally have a preference for companies in which they are well informed and where their
investments are more likely to be protected, and (2) avoid companies in developing
countries because of weak corporate governance structures and low disclosure. Using data …

We investigate the association of foreign share ownership with firm-level disclosure and
corporate governance structures in Zimbabwe, a developing country in Southern Africa. Our
motivation for the study derives from the literature which suggests that foreign investors:(1)
generally have a preference for companies that they are well informed as well as for
companies in which their investments are more likely to be protected, and (2) avoid
companies in developing countries because of weak corporate governance structures and …