The economic consequences of the incremental Internet disclosure: the case of French firms

Ben Saada Moufida, Khalfaoui Hamdi

Abstract


This study explores the economic consequences of incremental internet disclosure (IID) of 190 French companies pertaining to SBF 250 Index during 2012. The results, obtained from a cross-sectional regression, show that the IID is a benefit because it reduces the information asymmetry, which in turn increases the liquidity of securities’ French firms. However, the IID has no impact on the cost of equity French firms.


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DOI: https://doi.org/10.5296/ijafr.v5i1.7613

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Copyright (c) 2015 Ben Saada Moufida, Khalfaoui Hamdi

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International Journal of Accounting and Financial Reporting  ISSN 2162-3082

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