DING, Yuan; STOLOWY, Hervé; FU, Linghui; WANG, Huiwen - HEC Paris (École des Hautes Études Commerciales) - 2004
The objective of this paper is to introduce a divisive (descendant) clustering method which splits the sample into homogeneous sub-groups corresponding to disclosure patterns (or profiles), for clearer determination of the financial characteristics of each group. This methodology is illustrated...