Disclosed information aspects in Greek interim reports

Abstract

This paper studies the mandatory or legal prescribed structures and then examines the actual structures of the interim reports (“enimerotika deltia”) of Greek corporates by admission of securities (shares) to The Athens Stock Exchange Market (ASE). Actual disclosure varies within a sample of 113 ASE‐listed firms whose quasi‐annual reports cover almost a decade (1994‐2001). The research is focused on disclosed “topics” and structural aspects influencing the actual extent, form and structure of voluntary information disclosure whether narrative or financial like the role of the branch, the time of admission, the experience, the “marital status” (family‐owned or not) and the academic qualification.