This study investigates whether and how managers respond to major negative news by increasing the information content of their MD&A disclosures. We predict that major negative news influences managers' disclosure decisions by increasing legitimacy pressures and reducing opportunities to obscure...

Europe has just published a new Directive on Corporate Sustainability Reporting disclosure and is elaborating new European Sustainability Reporting Standards. To analyze whether companies are complying with the new disclosure requirements before the Corporate Sustainability Reporting Directive...

Greenwashing is a generic term used for breaches and misleading claims about the sustainability credentials of various legal provisions, ranging from unfair competition, securities laws infringements and unethical advertising to wrong corporate disclosure. This paper focuses on the latter....

With the growing social concern for corporate sustainability, organizations are under increasing pressure to communicate their sustainability efforts transparently and effectively. Websites, driven by their participatory nature, have emerged as pivotal platforms for such communication and a key...

Regulatory information disclosure is an important measure to enhance government transparency and law enforcement credibility. Studies mainly focus on ex-post disclosure and affirm its positive effects. However, ex-ante disclosure of regulatory information, as a representative regulatory policy,...

Many firms are making net-zero and carbon neutral pledges. In principle, these pledges should help consumers identify sustainable options, but often they do not correspond to meaningful actions. In response, both in the U.S. and in Europe, courts and policymakers are requiring firms to disclose...

This handbook on crisis communication is primarily for public institutions, such as governments or international organisations, and comes with the recognition that crisis communication is more complex for public institutions than for private companies. Public institutions must balance different...

This article introduces "epistemic business power" as a distinct facet of corporate influence. Epistemic business power refers to the strategic communication of firms to influence the perceptions and beliefs of policymakers, experts, media, and the public regarding which issues, goals, norms,...

Illicit drug use and trafficking are global issues, threatening the health and security of EU citizens. Today's drug situation is complex, with potent substances being produced, trafficked and sold on an unprecedented scale. The European Union Drugs Agency (EUDA) plays a critical role in...

Digitalisierung verändert die Unternehmenskommunikation radikal. Nicht nur Aktionäre und Unternehmensorgane, sondern auch Finanzintermediäre nutzen zunehmend schnelle, adaptive und breit verfügbare Kommunikationsmedien. Der vorliegende Band analysiert diese Veränderungen empirisch sowie aus...

Commitment to gender equality and diversity has long been a stated priority for large companies, and one visible way to signal this commitment is through gender-inclusive language. Public debates around such language use increasingly surface regarding companies’ communication with...