Using a two-regime switching regression approach to account for the endogeneity of sustainability reputation, this study investigates whether the market valuation of two summary accounting measures, book value of equity and net income, is higher for firms with a reputation for sustainability...

This study provides empirical evidence on howcorporate sustainability performance (CSP), as proxied bymembership of the Dow Jones sustainability index, isreflected in the market value of equity. Using a theoreticalframework combining institutional perspectives, stakeholdertheory, and...

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...

Provides a comprehensive exploration of the intersection between AI, accounting, and sustainability. Discover how AI can elevate accounting to new heights, extending the spectrum of information in organisational decision-making, promoting responsible reporting practices, and bolstering...