The DOI matches its Crossref record; 59 of the 59 references it cites were found in a registry or an index.
Firm‐level Disclosures and the Relative Roles of Culture and Legal Origin
Open accessAbstract
In this paper, I investigate the relative roles of legal origin and national culture in explaining firm‐level disclosure levels internationally. Using a significantly larger and more representative sample than prior research, I document, using univariate and multivariate analyses, that both legal origin and culture (as operationalized by Hofstede and Schwartz) are important in explaining firm disclosure. Neither legal origin nor culture dominates with respect to overall explanatory power for variations in disclosure levels. Consequently, it is premature to write off culture as an important factor in the financial reporting environment. Furthermore, I find that legal origin is an important conditioning variable for the role of culture. Finally, although legal origin is a key determinant of disclosure levels, I hypothesize and find that its importance decreases with the richness of a firm's information environment.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Culture's Consequences: Comparing Values, Behaviors, Institutions, and Organizations across Nations
Bhagat, R. S., & Hofstede, G. (2002) · The Academy of Management Review · doi:10.2307/4134391 · Cited by 21,664
Specification Tests in Econometrics
Hausman, J. A. (1978) · Econometrica · doi:10.2307/1913827 · Cited by 18,820
Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers
Jensen, M. C. (1986) · Cited by 17,275
Culture's Consequences: International Differences in Work-Related Values.
Sorge, A., & Hofstede, G. (1983) · Administrative Science Quarterly · doi:10.2307/2393017 · Cited by 15,062
Corporate Ownership Around the World
La Porta, R., Lopez‐De‐Silanes, F., & Shleifer, A. (1999) · The Journal of Finance · doi:10.1111/0022-1082.00115 · Cited by 10,541
Legal Determinants of External Finance
LA PORTA, R., LOPEZ‐DE‐SILANES, F., SHLEIFER, A., & VISHNY, R. W. (1997) · The Journal of Finance · doi:10.1111/j.1540-6261.1997.tb02727.x · Cited by 9,783
Healy, P. M., & Palepu, K. G. (2001) · Journal of Accounting and Economics · doi:10.1016/s0165-4101(01)00018-0 · Cited by 8,097
Financial Dependence and Growth
Rajan, R., & Zingales, L. (1996) · National Bureau of Economic Research · doi:10.3386/w5758 · Cited by 7,730
Bid, ask and transaction prices in a specialist market with heterogeneously informed traders
Glosten, L. R., & Milgrom, P. R. (1985) · Journal of Financial Economics · doi:10.1016/0304-405x(85)90044-3 · Cited by 6,115
Earnings management and investor protection: an international comparison
Leuz, C., Nanda, D., & Wysocki, P. D. (2003) · Journal of Financial Economics · doi:10.1016/s0304-405x(03)00121-1 · Cited by 5,381
Cited by
Why do countries matter so much for corporate governance?☆
DOIDGE, C., ANDREWKAROLYI, G., & STULZ, R. (2007) · Journal of Financial Economics · doi:10.1016/j.jfineco.2006.09.002 · Cited by 1,206
Are CSR Disclosures Value Relevant? Cross-Country Evidence
Cahan, S. F., De Villiers, C., Jeter, D. C., Naiker, V., & Van Staden, C. J. (2016) · European Accounting Review · doi:10.1080/09638180.2015.1064009 · Cited by 489
The Culture for Open Innovation Dynamics
Yun, J. J., Zhao, X., Jung, K., & Yigitcanlar, T. (2020) · Sustainability · doi:10.3390/su12125076 · Cited by 341
Determinants of corporate social and environmental reporting in Hong Kong: a research note
Gao, S. S., Heravi, S., & Xiao, J. Z. (2005) · Accounting Forum · doi:10.1016/j.accfor.2005.01.002 · Cited by 277
Glaum, M., Schmidt, P., Street, D. L., & Vogel, S. (2013) · Accounting and Business Research · doi:10.1080/00014788.2012.711131 · Cited by 241
Metadata
- Authors
- Hope, O.
- Venue
- Journal of International Financial Management & Accounting
- Publisher
- Wiley
- Published
- 2003-09-19
- Volume
- 14
- Issue
- 3
- Pages
- 218-248
- ISSN
- 0954-1314 (ISSN-L)
- 1467-646X
- OpenAlex
- W3123229838
- Cited by
- 503
- References
- 59
- FWCI
- 38.54
- Type
- journal article
- Language
- en
- Open access
- green
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Firm‐level Disclosures and the Relative Roles of Culture and Legal Origin. https://app.cochat.ai/papers/10.1111/1467-646x.00097
- The paper
- Hope, O. (2003). Firm‐level Disclosures and the Relative Roles of Culture and Legal Origin. Journal of International Financial Management & Accounting. https://doi.org/10.1111/1467-646x.00097
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
