Göttsche, Max; Griffin, Paul A.; Schiemann, Frank; … - In: Review of Accounting Studies 30 (2025) 4, pp. 3596-3639
for investors. We leverage the staggered release of the SASB classifications from 2013 to 2016 to examine whether and how … classified as material decrease following the release of SASB classifications. Conversely, incident scores on nonmaterial … that higher exposure to the classifications from shareholder pressure and sustainability-linked executive compensation …