Divulgation volontaire d’informations non-financières et valorisation boursière des firmes

Abstract

Cet article discute de l’impact de la divulgation volontaire des indices de performance non-financiers sur la valeur marchande de diverses entreprises. Les resultats, bases sur plusieurs methodes de recherche, indiquent que la divulgation volontaire d’informations non-financieres concernant la performance organisationnelle diminue de maniere significative l’assymetrie des informations en ce qui concerne les valeurs. De plus, la divulgation volontaire de cette sorte a aussi augmenter la valeur marchande des compagnies.  This paper discusses the impact of voluntary disclosure of non-financial performance indicators on the market value of different firms. Based on mixed methods research, the results show that voluntary disclosure of non-financial information on organizational performance significantly diminishes the information asymmetry with regard to securities. Such voluntary disclosure has also increased the market values of companies.  ©Journal of Professional Communication, all rights reserved.