Corporate Governance And Voluntary Disclosure In France

This paper investigates the effect of corporate governance practices on the extent of voluntary disclosure in France. Using a panel of 206 non-financial French listed firms during the period 2006-2009, we find evidence that voluntary disclosure in annual reports increases with managerial ownership,...

Full description

Saved in:
Bibliographic Details
Published in:Journal of applied business research 2013-03, Vol.29 (2), p.561-577
Main Authors: Barros, Carlos P, Boubaker, Sabri, Hamrouni, Amal
Format: Article
Language:English
Subjects:
Annual reports
Audit committees
Audit quality
Auditing
Board of directors
Boards of directors
Business management
Chief executive officers
Corporate governance
Cross-sectional studies
Disclosure
Family owned businesses
France
General Finance
Meetings
Ownership
Panel data
Quantitative Finance
Securities markets
Stock exchanges
Stockholders
Studies
Transparency
Western Europe
Citations: Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This paper investigates the effect of corporate governance practices on the extent of voluntary disclosure in France. Using a panel of 206 non-financial French listed firms during the period 2006-2009, we find evidence that voluntary disclosure in annual reports increases with managerial ownership, board and audit committee independence, board meeting frequency, and external audit quality. We also find that frequency of audit committee meetings and diligence of board and auditing are associated with decreased disclosure. Additional findings show that larger, more profitable, and less indebted firms have greater voluntary disclosure. [PUBLICATION ABSTRACT]
ISSN:0892-7626
2157-8834
DOI:10.19030/jabr.v29i2.7657