Le reporting de gouvernance, les attributs du conseil et la qualité des résultats comptables: Incidence sur les marchés boursiers

Denis Cormier, Marie-Josée Ledoux and Michel Magnan

ACCRA, 2010, vol. 16, issue 2, 69-96

Abstract: In this study, we analyze the simultaneous relations between corporate governance, earnings quality and information asymmetry between managers and investors. We consider that governance encompasses both specific attributes such as board size as well as complementary information about underlying governance processes that is disclosed on corporate Web sites. We argue that enhanced transparency resulting from such disclosure enhances earnings quality and translates into reduced levels of information asymmetry between managers and investors. Our findings are consistent with these expectations. Moreover, it appears that governance disclosure complements a firm?s governance attributes in improving earnings quality and reducing stock market asymmetry.

Keywords: earnings management; corporate governance; information asymmetry (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=CCA_162_0069 (application/pdf)
http://www.cairn.info/revue-comptabilite-controle-audit-2010-2-page-69.htm (text/html)
free

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cai:accafc:cca_162_0069

Access Statistics for this article

More articles in ACCRA from Association francophone de comptabilité
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().