In today's economy, companies try to publicize their good value by revealing related information in their financial reports as a way of convincing their stakeholders that investment in them is a good move. This paper delves into the relationship that exists between characteristics of corporate governance and structure of ownership on voluntary disclosure in interim financial reports (half yearly) published, focusing on variables that affect voluntary disclosure of the ASE Jordanian listed companies. The dynamic panel system GMM estimation was employed on the data from 72 selected ASE listed companies for the period of 2009-2013, and the results show that a substantial degree of voluntary disclosure is demonstrated in high level corporate governance awareness and implementation in Jordan. Specifically, the factors of board compensation, audit firm size, and government ownership significantly impact voluntary disclosure. Aside from that, voluntary disclosure in the half-yearly reports has potential impact on market capitalization.

Earnings management(EM)firmsproduce less predictable accounting earnings that do not reflect the company's genuine financial success. However, EM isregarded as one of the most significant issues regarding financial reporting, especially in light of the COVID-19pandemic. Nevertheless, this paper aims to investigate the effect of corporate governance mechanisms on earnings managementin Malaysian manufacturing companies(MMCs).Data was collected from 2010 to 2019 for MMCs. Byhighlightingthe updating of corporate governance rules,themarket value andcompetitiveness of institutions will improve. Moreover,this paper provides evidence ofthe effect of corporate governance on earnings management. Therefore, the results may help policymakersto take a new approach to the development of corporate governance instructions,andstakeholders,which would enhance earnings quality and improve the quality of financial reports. This could help them build amorecomprehensive picture of the firm and improve thedecision-making process.Contribution/Originality:This paper contributes to the body of knowledge and reduces the gapsrelated toearnings management inMalaysia. We formulateda model to includethe characteristics of ownership structures, boardsof directors, audit committees, and external auditor factors. In addition, wemeasuredthe corporate governance process anditseffect onfinancial performance.This paper contributes to the development of a model linking with corporate governance mechanisms and earnings management in manufacturing companies; Which helps companies develop a governance system to increase theirfuture profits. The study also contributed to the use of a set of control variables to examine the relationship between corporate governance mechanisms and earnings management in manufacturing companies.Asian Economic and Financial ReviewISSN(e): 2222-6737ISSN(p): 2305-2147DOI: 10.55493/5002.v12i5.4490Vol. 12, No. 5, 354-367.© 2022 AESS Publications. All Rights Reserved.URL: www.aessweb.com