Dissemination of forecasting information in response to an increase in demand for it/La divulgacion de informacion previsional ante un aumento de la demanda informativa/La divulgation d'information previsionnelle face a une augmentation de la demande/A divulgacao de informacao previsional diante de um aumento da demanda informativa

Numerous academic and institutional recommendations argue on behalf of an improvement in the information disseminated by companies, under the hypothesis that an increase in informative transparency improves efficiency in the markets. In particular, around the year 2000, diverse recommendations were...

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Bibliographic Details
Published in:Innovar : revista de ciencias administrativas y sociales 2013-01, Vol.23 (47), p.33
Main Authors: Urquiza, Francisco Bravo, Navarro, Maria Cristina Abad, Trombetta, Marco
Format: Article
Language:Spanish
Subjects:
Information management
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Summary:Numerous academic and institutional recommendations argue on behalf of an improvement in the information disseminated by companies, under the hypothesis that an increase in informative transparency improves efficiency in the markets. In particular, around the year 2000, diverse recommendations were published by international bodies suggesting an increase in forecasting information disseminated by companies, given the benefits associated with the provision of such information. The objective of this work is to study the effect of these recommendations on information dissemination strategies carried out by companies. To do so, the evolution of forecasting information disseminated by companies is empirically examined from diverse points of view, using different measures of information: quantity, coverage, and richness. The results show that, although the companies studied have increased the quantity of information provided, its coverage and particularly its richness have not increased in the same way. The implications of the study are particularly important to improve the efficacy of future regulatory measures, which must ensure coverage of all dimensions of information dissemination.
ISSN:0121-5051