Purpose - Institutional investors use the information disclosed by listed companies to analyze the performance of their investments. The purpose of this paper is to open the "black box" of the construction of financial disclosure by analyzing the internal reporting systems of firms with...

The demand of management control information (MCI) and its use by Venture Capitalists (VC) are examined through a qualitative study. The VC, active investor concerned with investment return, may be interested by information traditionally reserved to the manager. The results show that the VC are...

The institutional investors wish to have management control information, more relevant to inform them about the future value of their investment. Still, this information comes from the internal reporting systems of the firms. This paper suggests analyzing, in the form of a qualitative study, the...

Les entreprises cotées communiquent des informations à leurs investisseurs institutionnels au travers de leur reporting interne. Cet article se propose de confronter, grâce à l'utilisation d'indices, la qualité des pratiques de communication financière et des systèmes de reporting des...

(VF)L’exigence d’informations de gestion et leur utilisation par le capital investisseur (CI) sont appréciées grâce à une étude qualitative. Le CI, investisseur actif et soucieux de la rentabilité de son placement, peut être intéressé par une information traditionnellement...