The key objectives of this study are to investigate the effect of risk communication on quality of financial information and to examine the moderating role of corporate governance effectiveness that moderates the risk communication-quality of financial information relationship. Thai-listed firms were chosen as population and sample of this study. Data was collected by questionnaire and accounting managers/directors of listed firms were selected as key informants. The results show that risk communication has a positively potential effect on quality of financial information. Additionally, corporate governance effectiveness has become a key factor that significantly and positively affects quality of financial information. However, in the case of risk communication, corporate governance effectiveness is likely to negatively moderate the relationship of risk communication and quality of financial information.
Risk Communication; Quality of Financial Information; Corporate Governance Effectiveness