Corporate Disclosure of Climate Change Risk – A Pilot Study
The paper discusses the proposed #climatechange #disclosure rules by the #sec, which would mandate companies to provide detailed disclosures on the impact of climate change on their financial performance and policies. The authors conducted a study using hand-collected data from 99 annual reports of 34 S&P 500 companies from 2019 to 2021, finding that 91% of the #annualreports included some disclosures […]
The Double Materiality Audit: Assurance of ESG Disclosure
#audit is increasingly being called upon to provide assurance on #esg#claims made by their clients, in addition to assessing the accuracy of financial numbers. The concept of #doublemateriality, which involves assessing materiality from both financial and non-financial aspects, is becoming increasingly important in audits. This paper proposes an audit approach that incorporates a “double materiality” […]
Empirical Research on Banks’ Risk Disclosure: Systematic Literature Review, Bibliometric Analysis and Future Research Agenda
“By identifying research gaps and conceptualizing a research agenda, this paper continues to serve the academia to broaden the research field of risk disclosure, esp. for banks.” Lire
The Effect of Geopolitical Risk on Market Information Asymmetry, Management Disclosure and Investor Information Collection
“Empirical results indicate that firms with higher analyst attention, institutional ownership, and information disclosure quality rating are less sensitive to GPR [#geopoliticalrisk] .” Lire
CSR Disclosure, Political Risk and Market Quality: Evidence from the Russia-Ukraine Conflict
“Our findings are consistent with the resiliency hypothesis concerning the CSR-financial performance link, as well as the remark that better CSR performance is associated with improved information transparency.” Lire