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- W2363490596 abstract "Abstract This study explores the determinants of Internet financial disclosure in the travel and leisure industry. Studying the case of the firms that are listed in the London Stock Exchange, we employ the generalized method of moments in order to investigate the cross‐sectional variation in the quantity of financial information, which is disclosed on corporate websites of travel and leisure firms. We find that disclosure is positively associated with corporate size, financial leverage, concentrated ownership, dual listing and profitability. We also discover that profitability is not only a determinant of financial disclosure in the travel and leisure industry but also its consequence: More profitable firms yield more requests for transparency among their stakeholders, and they also have the necessary resources to respond to these requests. Copyright © 2016 John Wiley & Sons, Ltd." @default.
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- W2363490596 date "2016-05-12" @default.
- W2363490596 modified "2023-10-05" @default.
- W2363490596 title "Financial Disclosure in the Travel and Leisure Industry" @default.
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- W2363490596 doi "https://doi.org/10.1002/jtr.2078" @default.
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