Do self-regulatory institutions in high-corruption environments attract more socially responsible firms? Or do irresponsible firms use self-regulatory institutions to shield themselves from scrutiny? Previous research suggests that self-regulation in these settings often attracts less...

Video games incite controversy. Gaming has been blamed for school shootings, included in the International Classification of Diseases by the World Health Organization (WHO), and banned in some countries as gambling. For each accusation video game developers, the Entertainment Software...

Under the OVDP, these penalties were all eliminated in exchange for its one-size-fits-all approach. For most taxpayers, the flexibility of the new guidance will likely result in an overall increase to the cost of making a voluntary disclosure. This was likely the intent of the IRS as it would be...

We study a dynamic voluntary disclosure setting where the manager's information and the firm's value evolve over time. The manager is not limited in her disclosure opportunities but disclosure is costly. The results show that the manager discloses even if this leads to a price decrease in the...

Voluntary approaches to environmental policy can contribute to stemming environmental degradation in developing countries with weak institutions. We evaluate the role of a behavioral anomaly, limited attention paid by owners or managers, in explaining the voluntary adoption of environmental...

ASEAN countries need to consider more innovative, market-oriented approaches to accelerate energy efficiency improvement, and well-designed voluntary agreements will play a critical role in raising the awareness of companies and engaging them with the materialization of multiple energy...

The United Nations' (UN) drive for sustainability culminates in a recent milestone document, Agenda 2030, which sets forth 17 Sustainable Development Goals (SDGs). Arguably, these SDGs inspire governments more than they do individual businesses and their embracement and measurement at the...