Troberg, Pontus; Kinnunen, Juha; Seppänen, Harri J. - In: The International Journal of Accounting 45 (2010) 1, pp. 44-76
The usefulness of segment reporting is grounded on the presumption of diversities of returns and risks across reported segments. We examine the effect of country-specific factors, reporting incentives, and choices on an ANOVA-based measure of cross-segment diversities (CSD) in risk and returns...