Disclosure

for organising necessary consultations. Disclosure can be a powerful regulatory tool : it creates an incentive to comply with best practice, and allows members and third parties to take necessary actions. Disclosure requirements can be more efficient, more flexible and easier to enforce. Information and disclosure requirements are at the intersection of company law and securities regulation, and responses to the consultation confirmed that disclosure was particularly suited in the area of corporate

Aitken M., Hooper C., Pickering J. (1997), « Determinants of voluntary disclosure of segment information : a reexamination of the role of diversification strategy », Accounting and Finance, 37, pp.89-109. Bradbury M.E. (1992a), « Voluntary disclosure of financial segment data : New Zealand evidence », Accounting and Finance, May, pp.15-26. Bujaki M, Mc Conomy B.J., « Corporate governance : factors influencing voluntary disclosure by publicly traded canadian firms », Canadian Accounting Perspectives

au Nouveau Marché : les actionnaires initiaux ont-ils été opportunistes ? », XXVème Congrès de l’Association Francophone de Comptabilité. Botosan C. (1997), « Disclosure level and the cost of equity capital », The Accounting Review, vol. 72, n°3, july, pp. 323-349. 22 Botosan C. et Plumlee M. (2000), « A re-examination of disclosure level and expected cost of capital », Working Paper, University of Utah, 19 p. Broye G. et Schatt A. (2003), « Pourquoi certains actionnaires cèdent plus d’actions

générale de la communication reste l’être humain. Bibliographie - Admati, A. et Pfleiderer, P. (2000), «Forcing Firms to Talk: Financial Disclosure Regulation and Externalities», Review of Financial Studies, Vol. 13, pp.479-551. - Ahmed, K. et Courtis, J.K. (1999), «Association between corporate characteristics and disclosure levels in annual reports: a meta-analysis», British Accounting Review, Vol. 31, pp. 35-61. - Ahmed, K., Hossain, M. et Adams, M. B. (2006), «The Effects

10-11 April 2008 to review the staff analyses of the comments on the ED and the results of the field tests and to develop recommendations to the Board for possible modifications to the ED. The Working Group’s recommendations on all issues other than disclosure issues were provided to the Board in May 2008. 3. At the May 2008 meeting, staff presented its initial recommendations for changes to the ED. At that meeting, the Board began its redeliberations of the proposals in the ED. 4. Staff continued to

reviewed in the first section. The next section identifies the factors influencing the financial disclosure on the Web. The variables are then defined before a presentation of the empirical tests. Finally, the summary and the conclusion are presented. The findings indicate that the ownership structure, the profitability and the competitive costs are the most important factors of the financial disclosure on “Internet”. Key words : Determinants, corporate reporting, Web site, agency theory, signalling

facilitate financial reporting for companies, help investors to make efficient decisions… However, international harmonization efforts can be broken down into three views: harmonization of accounting standards, of enforcements and finally of voluntary disclosure. Thus, a question needs to be raised. We have to evaluate to what extent past research into the classification of accounting system has become irrelevant because of international harmonization efforts. In other words, we have to determine if accounting

there will be the relationship between specific points of Brian L Nelson, the relation between sellers and buyers, and the movie. The first part will define the contract, which means the framework. Then it will show the different aspects of the disclosure obligations like the formal aspect, the moral aspect, the way Argo could have defend their case and the economic aspect (also known as the “counter-beans”)… The first and main part of the film is the type of contract between both parts. The category

for each hedge fund. Although there are no specific disclosure requirements for the PPM (provided the offering is made solely to accredited investors), basic information about the hedge fund’s adviser and the hedge fund itself typically, in fact is disclosed. The information provided is general in nature, varying from adviser to adviser, and it normally discusses in broad terms the fund’s investment strategies and practices. For example, disclosures generally include the fact that the hedge fund’s adviser

determinants of voluntary intellectual capital disclosure, on a sample of French companies belonging to the SBF120 index and observed in 2006/2005. Using content analysis, the study found that French firms prefer narrative and descriptive information form and publish more on structural and relational capital than human capital. The paper confirmed that financial usefulness and legitimacy are the reasons for voluntary intellectual capital disclosure. In fact, results showed that managers publish