Search Results - subject_exact:"Disclosure regulation"

Regulating ESG disclosure : capital allocation and investor heterogeneity

Emiris, Marina; Harris, Joanna; Koulischer, François - 2026

We study how sustainability disclosure regulation affects mutual fund flows and portfolio choices, accounting for investor heterogeneity. Guided by a model of ESG investing under uncertainty, we exploit the introduction of the European Sustainable Finance Disclosure Regulation (SFDR) as a...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015614830

Mandatory ESG disclosure and firm value : a quantitative analysis of the effect of directive 2014/95/EU on firm value

Horstmann, Jan Oliver - 2025

This work offers novel insights into how the introduction of the Non-Financial Reporting Directive in the European Union in 2014 affected firm value. Based on the theoretical discourse, it seems ex-ante unclear how this ESG disclosure directive is perceived by capital markets and affects firm...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015453369

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Mandatory ESG disclosure and firm value: A quantitative analysis of the effect of directive 2014/95/EU on firm value

Horstmann, Jan Oliver - 2025

Article

Tax strategy disclosure : a greenwashing mandate?

Bilicka, Katarzyna; Casi-Eberhard, Elisa; Seregni, Carol; … - 2024 - This version: 08.10.2024

We investigate the effects of a qualitative tax disclosure mandate aimed at improving tax transparency and compliance by imposing reputational costs for firms. We use, as an exogenous shock, the 2016 UK reform that required large businesses to disclose their tax strategy. We find that treated...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015108225

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Tax strategy disclosure : a greenwashing mandate

Bilicka, Katarzyna; Casi-Eberhard, Elisa; Seregni, Carol; … - 2022 - This version: 27.04.2022

Edition: This version: 27.04.2022

Book / Working Paper

Tax strategy disclosure : a greenwashing mandate?

Bilicka, Katarzyna A.; Casi-Eberhard, Elisa; Seregni, Carol - 2022 - This version: April 2022

Edition: This version: April 2022

Book / Working Paper

Corporate strategy for quality GHG emissions disclosure : a systematic review

Wahyuni, Sri; Irianto, Gugus; Darmawan, Arief; … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015617042

Transparency and the visibility of misconduct : evidence from esg disclosure mandates

Akyildirim, Erdinc; Gozgor, Giray; Ho, Thang; Wagner, … - 2026 - This version: February 16, 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015609790

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Transparency and the visibility of misconduct : evidence from esg disclosure mandates

Akyildirim, Erdinc; Gozgor, Giray; Ho, Thang; Wagner, … - 2026

Book / Working Paper

With a grain of salt : investor reactions to uncertain news and (non)disclosure

Libgober, Jonathan; Michaeli, Beatrice; Wiedman, Elyashiv - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015651761

Mandatory disclosure of investors' fossil fuel holdings

Miller, Gregory S.; Stockbridge, Douglas R.; Williams, … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015651814

Observation of tax transparency reporting by Top 40 JSE-listed firms

Khanyile, Nontuthuko; Phesa, Masibulele - 2026

This study evaluates the extent and quality of tax transparency reporting among the Top 40 firms listed on the Johannesburg Stock Exchange (JSE), distinguishing between mandatory tax disclosures and voluntary transparency practices. A qualitative, disclosure-based research design was employed,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015652194

R&D expenditures and ESG disclosure

Elkemali, Taoufik - 2026

Previous research has highlighted several firm-specific determinants of ESG disclosure; however, the link with R&D activities remains largely underexplored, despite the distinctive characteristics of such investments. We argue that R&D is characterized by asset specificity, uncertainty, and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015653815

The case for lobbying transparency

Zerbini, Antoine - 2026 - Version January 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015665374

From disclosure to distortion : how strategic ESG disclosure shapes green innovation bubbles

Li, Meiyi; Gan, Yufei - 2026

Strategic environmental, social, and governance (ESG) disclosure practices that create favorable impressions while concealing unfavorable environmental performance have become increasingly common among corporations. This study investigates how such practices influence green technology innovation...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015664804

The impact of abnormal ESG on firm value : focusing on voluntary disclosure on carbon emissions

Lee, Jaehong; Kim, Suyon - 2026

Following the COVID-19 pandemic, investors' growing focus on sustainable management has increased substantially, drawing greater attention to Environmental, Social and Governance (ESG) practices. This study examines the effect of abnormal ESG investment, defined as ESG activities exceeding the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015671725

Wage gap disclosure in the tropics

Castro, Pablo; Felix, Mayara; Matavelli, Ieda Rodrigues; … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015669144

The political economy of mandatory disclosure : a literature review

Liang, Hao; Zhang, Hanyu - 2026

Reviewing the literature on mandatory corporate disclosure from a political economy perspective, we synthesize the classic justifications for disclosure regulations while emphasizing why voluntary disclosure often fails to achieve socially efficient transparency. We also highlight how legal...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015672032

Climate risk disclosure and risk sharing in financial markets

Smith, Kevin - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014476659

The effectiveness of sanctions on disclosure regulation : Australian evidence

Chen, Xiaomeng; Choi, Ka Wai Stanley; Wright, Sue; Wu, Hai - 2023

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014476901

Keeping in the dark with hard evidence

Bird, Daniel; Frug, Alexander - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015664908

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Keeping in the dark with hard evidence

Bird, Daniel; Frug, Alexander - 2025

Book / Working Paper

A theory of disclosure timing

Lee, Seung Y.; Marinovic, Iván - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015338375

Unintended effects of transparency : the consequences of income disclosure by politicians

Neisser, Carina; Wehrhöfer, Nils - 2025

Public disclosure laws on politicians' outside income aim to enhance electoral accountability, but their effects remain unclear and may backfire. Using a German disclosure reform, administrative tax data, and a difference-in-difference design, we show that MPs increased their outside income...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015192276

Optimal discriminatory disclosure

Guo, Yingni; Li, Hao; Shi, Xianwen - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015179484

Readiness for mandatory climate-related disclosures : a tri-jurisdictional analysis of governance attributes in Australia, New Zealand and the United Kingdom

Moses, Olayinka; Bui, Binh; Houqe, Muhammad; Borghei, Zahra - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015358293

Climate pledges and greenwashing : information provision does not work

Battocletti, Vittoria; Desiato, Alfredo; Romano, Alessandro - 2025

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...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015394252

Investor reactions to climate change disclosures : joint effects of disclosure focus and controllability

Phang, Soon-Yeow; Dharmasiri, Prabashi; Puspitasari, Dani - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015463686

Right on target : is public disclosure of non-GAAP earnings associated with M&A efficiency?

Chen, Ciao-Wei; Heflin, Frank; Ryu, Patrick W.; Wang, … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015463764

Cybersecurity transparency and firm success : insights from the Australian landscape

Al Amosh, Hamzeh; Khatib, Saleh F. A. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015472551

Disclosure regulations during crisis : the case of TASE after October 7th

Ezra, Dvir Aviam - 2025

Following the outbreak of a regional war, the Israeli capital markets regulator, ISA, introduced a temporary regulatory exception allowing reporting corporations traded on the Tel Aviv Stock Exchange (TASE) to postpone the filing of their quarterly reports at will. This intervention raises...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015447477

Comply-or-explain regulation and investor protection

Bourveau, Thomas; Gao, Xingchao; Li, Rongchen; Zhou, … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015432418

The transparency dilemma : how AI disclosure erodes trust

Schilke, Oliver; Reimann, Martin - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015438726

Opening up about money : the unexpected benefits of personal financial disclosure

Meister, Matt; Gladstone, Joe J.; Garbinsky, Emily N. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015438741

Disclosure under unawareness : an experiment

Li, Ying Xue; Schipper, Burkhard - 2025

We consider a disclosure game between a seller and a buyer. The seller knows the quality of a good, while the buyer does not. Before the buyer decides how many units to purchase, the seller can disclose verifiable information about the good. The better the information, the more the buyer is...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015405163

Does sustainable performance matter for nonfinancial disclosure readability? : a fog index analysis on Italian-listed companies

Bifulco, Giuseppe Maria; Caserio, Carlo; Di Donato, … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015459719

Do mandatory disclosures squeeze the lemons? : the case of housing markets in India

Tandel, Vaidehi; Gandhi, Sahil; Nanda, Anupam; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015562623

Timing, modifications, and tenor of firms' mandatory R&D disclosures : the role of competition

Rathee, Chandrika; Malik, Sumeet; Salandra, Rossella - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015564341

Navigating transparency : the interplay of ESG disclosure and voluntary earnings guidance

Agapova, Anna; King, Tatiana; Ranta, Mikko - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015596856

The effects of audit tenure disclosures on investor judgements

Huang, Ting-Chiao; Moroney, Robyn; Phang, Soon-Yeow - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015481652

Risk information disclosure effect on IPO pricing efficiency : evidence from China

Gu, Xiang; He, Xiqiong; Liu, Hao - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015484358

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Risk information disclosure effect on IPO pricing efficiency : evidence from China

Gu, Xiang; He, Xiqiong; Liu, Hao - 2025

Article

Does ex-ante disclosure of regulatory information really backfire?

Zhou, Huiyang; Chu, Jian - 2025

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,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015414006

Green underwriters and carbon information disclosure

Tian, Yanan; Wu, Yuhui; Zhang, Yun; Zhang, Zhilun - 2025

Carbon information disclosure is crucial for combating climate change, but firms often face cost and market constraints that limit their willingness to disclose. We focus on green underwriters as financial intermediaries to examine their influence on corporate carbon information disclosure. We...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015414013

Evidence and skepticism in verifiable disclosure games

Rappoport, Daniel - 2025

A key feature of communication with evidence is skepticism: a receiver will attribute any incomplete disclosure to the sender concealing unfavorable evidence. I study when a change in the receiver's prior belief about the sender's evidence induces more skepticism, i.e. induces the receiver,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015532981