Voluntary Financial Communication : An Analysis in Light of Market Efficiency, Signaling, and Agency Theories.

Auteurs

  • Adil BENDOUZANE
  • El Moustafa FTOUH
  • Cheklekbire MALAININE

DOI :

https://doi.org/10.5281/zenodo.13623574

Mots-clés :

voluntary communication, efficiency theory, agency theory, signaling theory

Résumé

Abstract

 In a world where finance is increasingly globalized, stock exchanges offer increasingly significant advantages, but the risks associated with information asymmetry must be taken into account to improve transparency within financial markets. Our article aims to study the theories of market efficiency, agency, and signaling in the context of the financial market to explain how voluntary communication of financial information can help maintain investor confidence, reduce capital costs, assist shareholders in monitoring company performance and making informed decisions, as well as signal the quality of the company to investors.

Keywords: voluntary communication, efficiency theory, agency theory, signaling theory

Bibliographies de l'auteur

Adil BENDOUZANE

(Phd Student)

Faculty of economics and management - Sultan Moulay Slimane University, Béni-Mellal, Morocco

Communication research team (CRT)

El Moustafa FTOUH

(Professor)

Faculty of economics and management - Sultan Moulay Slimane University, Béni-Mellal, Morocco

Communication research team (CRT)

Cheklekbire MALAININE

 (Professor )

Faculty of economics and management, Ibn Tofail University - Kenitra, Morocco

Laboratory of economics and management of organizations

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Publiée

2024-08-31

Comment citer

Adil BENDOUZANE, El Moustafa FTOUH, & Cheklekbire MALAININE. (2024). Voluntary Financial Communication : An Analysis in Light of Market Efficiency, Signaling, and Agency Theories. African Scientific Journal, 3(25), 0723 . https://doi.org/10.5281/zenodo.13623574

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