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Structure de propriété et communication financière des entreprises françaises;Ownership Structure and Corporate Disclosures:The French Case

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Author Info
Réal Labelle () (HEC Montréal)
Alain Schatt () (Université de Franche-Comté)

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Abstract

(VF)Cette étude empirique a pour objet de vérifier s’il existe une relation entre la structure de propriété et la qualité de la communication financière des entreprises françaises. Nos résultats indiquent que la relation entre la dilution de l’actionnariat et la qualité des relations avec les investisseurs n’est pas linéaire mais curvilinéaire.(VA)The objective of this empirical study is to test the hypothesized relation between ownership structure and the quality of financial reporting of French firms. The results confirm that the relation between shareholding dilution and the quality of investors’ relations is not linear but curvilinear.

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Publisher Info
Paper provided by Université de Bourgogne - LEG/Fargo (Research center in Finance,organizational ARchitecture and GOvernance) in its series Working Papers FARGO with number 1050701.

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Length: 34 pages
Date of creation: Jul 2005
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Handle: RePEc:dij:wpfarg:1050701

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Postal: Gérard Charreaux, Fargo-Latec, Université de Bourgogne 2 Bd Gabriel, BP 26611, 21066 Dijon Cedex, France

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Related research
Keywords: communication financière relations avec les investisseurs rapports annuels structure de propriété financial disclosure relations with investors annual report ownership structure

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Find related papers by JEL classification:
G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Capital and Ownership Structure
M41 - Business Administration and Business Economics; Marketing; Accounting - - Accounting - - - Accounting

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References listed on IDEAS
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    Other versions:
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  15. Faccio, Mara & Lang, Larry H. P., 2002. "The ultimate ownership of Western European corporations," Journal of Financial Economics, Elsevier, vol. 65(3), pages 365-395, September. [Downloadable!] (restricted)
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    Other versions:
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