Disclosure and determinants studies: an extension using the divisive clustering method (DIV)

Yuan Ding, Hervé Stolowy (), Linghui Fu and Huiwen Wang
Additional contact information
Linghui Fu: Beihang University, Postal: Beijing, P.R. China
Huiwen Wang: Beihang University, Postal: Beijing, P.R. China

No 798, HEC Research Papers Series from HEC Paris

Abstract: The objective of this paper is to introduce a divisive (descendant) clustering method which splits the sample into homogeneous sub-groups corresponding to disclosure patterns (or profiles), for clearer determination of the financial characteristics of each group. This methodology is illustrated by a study of disclosure on provisions by large French firms. The results show that the disclosure pattern is related to provision intensity, size, leverage, profit and maket expectation, but not to return and industry. This new research method is a valuable complement to expand on disclosure and determinants studies, moving from disclosure levels to disclosure patterns.

Keywords: disclosure; determinants; provisions; France; size; clustering method (search for similar items in EconPapers)
JEL-codes: M41 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2004-12-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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http://www.hec.fr/hec/fr/professeurs_recherche/upload/cahiers/CR798stoloding.pdf (application/pdf)

Related works:
Journal Article: Disclosure and determinants studies: An extension using the Divisive Clustering Method (DIV) (2006)
Working Paper: Disclosure and Determinants Studies: An Extension Using the Divisive Clustering Method (DIV) (2006)
Working Paper: Disclosure and Determinants Studies: An Extension Using the Divisive Clustering Method (DIV) (2006)
Working Paper: Disclosure and determinants studies: An extension using the divisive clustering method (DIV) (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:ebg:heccah:0798

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