Web-Based Disclosure About Value Creation Processes: A Monitoring Perspective

28 Pages Posted: 30 Aug 2010

See all articles by Denis Cormier

Denis Cormier

University du Quebec a Montreal

Walter Aerts

University of Antwerp

Marie-Josée Ledoux

affiliation not provided to SSRN

Michel Magnan

Concordia University - Department of Accountancy

Abstract

Adopting a monitoring perspective, this study aims to explain how and why firms provide web-based disclosure about their value creation and its underlying processes. We rely on the balanced scoreboard approach to measure disclosure. Our results suggest that costs incurred by capital markets' participants as well as monitoring by the board and the media drive disclosure. Moreover, we argue and document that a firm's disclosure is actually a part of its governance configuration and influences some board processes.

Suggested Citation

Cormier, Denis and Aerts, Walter and Ledoux, Marie-Josée and Magnan, Michel, Web-Based Disclosure About Value Creation Processes: A Monitoring Perspective. Abacus, Vol. 46, No. 3, pp. 320-347, September 2010. Available at SSRN: https://ssrn.com/abstract=1666474 or http://dx.doi.org/10.1111/j.1467-6281.2010.00321.x

Denis Cormier (Contact Author)

University du Quebec a Montreal ( email )

P.O. Box 8888, Downtown Station
Succursale Centre Ville School of Management 315 rue Ste-Catherine Est
Montreal, Quebec H3C 3P8
Canada
514-987-3000, ext. 8358 (Phone)
514-987-6629 (Fax)

Walter Aerts

University of Antwerp ( email )

Prinsstraat 13
Antwerpen, B-2000
Belgium
003232654110 (Phone)
003232654064 (Fax)

Marie-Josée Ledoux

affiliation not provided to SSRN ( email )

Michel Magnan

Concordia University - Department of Accountancy ( email )

Montreal, Quebec H3G 1M8
Canada

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
1
Abstract Views
1,039
PlumX Metrics