«Intellectual Capital and market information needs in French IPO context»
Résumé
In recent years, a big evolution of investors' needs in financial information was
recorded. As firms increasingly base their value on know-how and other intangibles, a
demand for information on knowledge-based resources is growing. Recently the importance
of such communication on initial public offering prospectuses was underlined. This importance was confirmed in French context where the firms' will to satisfy these new investors' information needs obeys signal
hypotheses.
recorded. As firms increasingly base their value on know-how and other intangibles, a
demand for information on knowledge-based resources is growing. Recently the importance
of such communication on initial public offering prospectuses was underlined. This importance was confirmed in French context where the firms' will to satisfy these new investors' information needs obeys signal
hypotheses.