摘要：The purpose of this study is to analyze the influence of macro and micro factors on e-CTI in countries as members of the IMS-GT. This research sample is 65 companies listed on the most liquid indexes on the three stock exchanges in 2017. The results of the study prove that the number of boards of directors has a positive effect on e-CTI. The large number of boards will increase boards’ ability to encourage management in order to be more transparent. This is encouraged by the duties and responsibilities of the board of directors towards the stakeholders stated in the regulations of the three countries. The level of company disclosure in the three countries is identical. The case happened as a result of the existence of global competition between similar companies causing companies to compete with the aim of attracting investors.
