Abstract
The chapter studies the degree of voluntary disclosure of the French family companies and assesses the impact of several corporate governance determinants on this disclosure. The sample consists of annual reports from 142 listed French family companies for the year 2020. The empirical results show that the size of the company, the independence of the board of directors, and the size of the audit firm have a positive and significant influence on the level of voluntary disclosure, while the age of the company, contrary to the pre-determinant hypothesis, has a negative influence on the level of voluntary disclosure. On the other hand, the relationship was not significant between the dependent variable voluntary disclosure and the independent variables, which are leverage degree and concentration of ownership. The original value of this chapter is to identify the impact of certain characteristics on the level of disclosure in the annual reports of listed French firms.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
