Search

Your search keyword '"m48"' showing total 875 results
Start Over Descriptor "m48"
875 results on '"m48"'

105. Determinants of corporate carbon disclosure: A step towards sustainability reporting

Author

Rajesh Desai

Subjects
M48, M40, Q56, Q51, Finance, HG1-9999
Abstract

Present research is aimed to examine the factors affecting the disclosure of corporate carbon emission. Investors, especially shareholders, largely rely upon the disclosure of financial and other data to determine the firm value. However, disclosure of environmental performance such as carbon emission is still underdeveloped in many emerging economies including India. Using data of 141 Indian companies for a period of seven years (2014–2020), the study examines the effect of financial, industrial, and market-based factors on disclosure of carbon emission with the help of binary logistic regression. Further, the results are also checked for robustness using generalised method of moments (GMM) estimates to control endogeneity. Results convey that size, profitability, leverage, and market value are major determinants of carbon disclosure for the sample firms. Further, it is also found that propositions of legitimacy and information asymmetry theory are partly applicable in emerging context. Present research will assist managers and practitioners to devise their disclosure policy and it will also add value to the existing environmental research, especially in emerging economies.

Published
2022
Full Text
View/download PDF

111. Mandatory CSR disclosure and analyst forecast properties: Evidence from a quasi-natural experiment in China

Author

Haina Shi, Byron Y. Song, Huifeng Xu, and Xiaodong Xu

Subjects
M14, G24, M48, Accounting. Bookkeeping, HF5601-5689
Abstract

Based on a quasi-natural experiment that mandates a subset of listed firms to issue standalone corporate social responsibility (CSR) reports, we examine whether mandatory CSR disclosure improves analysts’ information environment. We focus on two properties of analysts’ earnings forecasts: forecast error and forecast dispersion. We find that the mandatory issuance of standalone CSR reports is related to less forecast error and less dispersed forecasts, and the effect varies with the firm-level information environment and province-level marketization. Additional tests show that the improvement in forecast properties is mainly driven by CSR reports that i) are of high quality and ii) contain more long-term-oriented information than other CSR reports. Our findings provide evidence that mandatory CSR disclosure plays an important informational role for financial analysts.

Published
2023
Full Text
View/download PDF

113. The value relevance of risk-related disclosure: Does the tone of disclosure matter?

Author

Tamer Elshandidy and Cheng Zeng

Subjects
G24, G32, M41, M48, Finance, HG1-9999
Abstract

This paper investigates whether risk-related disclosure, which includes aggregate risk disclosure and its tone, including upside and downside risk disclosures, is value relevant for investors in the UK market. Based on 1941 firm-year observations for nonfinancial firms listed on the FTSE All-Share, we employ fixed-effect estimations and find that the value relevance of aggregate risk information is not statistically observable unless a distinction is made in its tone. Specifically, upside- (downside-) risk disclosure significantly increases (decreases) stock prices. We also find that the value relevance of risk information exhibits cross-sectional variations conditional on firms’ growth and profitability. In particular, we find an asymmetric response of stock prices to upside- and downside-risk disclosures for high-growth firms but not those with low growth. In addition, profit-making firms, but not loss-making firms, provide upside and downside disclosures that significantly influence stock prices. Our paper contributes to the extant research on value relevance and risk reporting by providing new evidence on the extent to which, and how, combining the accounting numbers that are examined extensively in prior research with non-accounting information (i.e., risk information) is important for observing value relevance. Our paper also advances prior research on the usefulness of risk disclosure by looking at the tone of this information and how the market responds to each type of disclosure.

Published
2022
Full Text
View/download PDF

123. The Simplification of Public Administration: A Managerial Perspective

Author

Modugno Guido, Bertoni Michele, and De Rosa Bruno

Subjects
simplification, support activities, processes, public administration, stakeholders, m41, m48, Business, HF5001-6182
Abstract

The paper addresses the issue of complexity in the administrative processes of public institutions: in particular, accounting routines and processes are examined. Back-office activities, although having a mere supporting role in the delivery of public services, absorb a relevant part of the resources of public institutions. The aim of the paper is to analyse the factors that contribute to the enhancement of complexity of these activities. The paper is based on an in-depth analysis of two Italian public organisations: a university and an ASP (agency for services to persons). Italy is an interesting context since simplification policies have been adopted in the country at central government level and in specific sectors of public administration, however, at the institutional level, simplification initiatives depend on the initiative of the single organisation. The cases described in this paper show that complexity stems from the need for inspectory controls (which is typical of the law) as well as from the volume of information requested (which is typical of management studies) for different stakeholders and at different, yet correlated, levels. The paper suggests that public management scholars have the opportunity and the burden of a contribution in this field.

Published
2022
Full Text
View/download PDF

130. Transparency in Insurance Regulation and Supervisory Law of Malta

Author

Bezzina, Geoffrey, Grima, Simon, Farrugia, Andre, Marano, Pierpaolo, Series Editor, Bataller Grau, Juan, Editorial Board Member, Chang, Johnny, Editorial Board Member, Chrissanthis, Christos S, Editorial Board Member, Cousy, Herman, Editorial Board Member, Grima, Simon, Editorial Board Member, Gurses, Ozlem, Editorial Board Member, Heiss, Helmut, Editorial Board Member, Kochenburger, Peter, Editorial Board Member, Koezuka, Tadao, Editorial Board Member, Kullmann, Jérôme, Editorial Board Member, Kursche, Birgit, Editorial Board Member, Kwon, W. Jean J., Editorial Board Member, Landini, Sara, Editorial Board Member, Lima Rego, Margarida, Editorial Board Member, Lin, JJ, Editorial Board Member, Malinowska, Katarzyna, Editorial Board Member, Martinez, Leo P., Editorial Board Member, McCoy, Patricia, Editorial Board Member, Meggit, Gary, Editorial Board Member, Merkin, Robert, Editorial Board Member, Millard, Daleen, Editorial Board Member, Nakaide, Satoshi, Editorial Board Member, Norio, Jaana, Editorial Board Member, Noussia, Kyriaki, Editorial Board Member, Núñez, Laura, Editorial Board Member, Perner, Stefan, Editorial Board Member, Rokas, Ioannis, Editorial Board Member, Siri, Michele, Editorial Board Member, Van Schoubroeck, Caroline, Editorial Board Member, Verheyen, Wouter, Editorial Board Member, Wandt, Manfred, Editorial Board Member, Wang, Hsin-Chun, Editorial Board Member, Yeşilova Aras, Ecehan, Editorial Board Member, and Zhu, Ling, Editorial Board Member

Published
2021
Full Text
View/download PDF

131. Comparative Analysis of Transparency in Insurance Regulation and Supervisory Law of the Countries Outside the EU and Europe (Rest of World)

Author

Noussia, Kyriaki, Marano, Pierpaolo, Series Editor, Bataller Grau, Juan, Editorial Board Member, Chang, Johnny, Editorial Board Member, Chrissanthis, Christos S, Editorial Board Member, Cousy, Herman, Editorial Board Member, Grima, Simon, Editorial Board Member, Gurses, Ozlem, Editorial Board Member, Heiss, Helmut, Editorial Board Member, Kochenburger, Peter, Editorial Board Member, Koezuka, Tadao, Editorial Board Member, Kullmann, Jérôme, Editorial Board Member, Kursche, Birgit, Editorial Board Member, Kwon, W. Jean J., Editorial Board Member, Landini, Sara, Editorial Board Member, Lima Rego, Margarida, Editorial Board Member, Lin, JJ, Editorial Board Member, Malinowska, Katarzyna, Editorial Board Member, Martinez, Leo P., Editorial Board Member, McCoy, Patricia, Editorial Board Member, Meggit, Gary, Editorial Board Member, Merkin, Robert, Editorial Board Member, Millard, Daleen, Editorial Board Member, Nakaide, Satoshi, Editorial Board Member, Norio, Jaana, Editorial Board Member, Noussia, Kyriaki, Editorial Board Member, Núñez, Laura, Editorial Board Member, Perner, Stefan, Editorial Board Member, Rokas, Ioannis, Editorial Board Member, Siri, Michele, Editorial Board Member, Van Schoubroeck, Caroline, Editorial Board Member, Verheyen, Wouter, Editorial Board Member, Wandt, Manfred, Editorial Board Member, Wang, Hsin-Chun, Editorial Board Member, Yeşilova Aras, Ecehan, Editorial Board Member, and Zhu, Ling, Editorial Board Member

Published
2021
Full Text
View/download PDF

132. Transparency in Insurance Regulation and Supervisory Law of the United States

Author

Jerry, Robert H., II, Marano, Pierpaolo, Series Editor, Bataller Grau, Juan, Editorial Board Member, Chang, Johnny, Editorial Board Member, Chrissanthis, Christos S, Editorial Board Member, Cousy, Herman, Editorial Board Member, Grima, Simon, Editorial Board Member, Gurses, Ozlem, Editorial Board Member, Heiss, Helmut, Editorial Board Member, Kochenburger, Peter, Editorial Board Member, Koezuka, Tadao, Editorial Board Member, Kullmann, Jérôme, Editorial Board Member, Kursche, Birgit, Editorial Board Member, Kwon, W. Jean J., Editorial Board Member, Landini, Sara, Editorial Board Member, Lima Rego, Margarida, Editorial Board Member, Lin, JJ, Editorial Board Member, Malinowska, Katarzyna, Editorial Board Member, Martinez, Leo P., Editorial Board Member, McCoy, Patricia, Editorial Board Member, Meggit, Gary, Editorial Board Member, Merkin, Robert, Editorial Board Member, Millard, Daleen, Editorial Board Member, Nakaide, Satoshi, Editorial Board Member, Norio, Jaana, Editorial Board Member, Noussia, Kyriaki, Editorial Board Member, Núñez, Laura, Editorial Board Member, Perner, Stefan, Editorial Board Member, Rokas, Ioannis, Editorial Board Member, Siri, Michele, Editorial Board Member, Van Schoubroeck, Caroline, Editorial Board Member, Verheyen, Wouter, Editorial Board Member, Wandt, Manfred, Editorial Board Member, Wang, Hsin-Chun, Editorial Board Member, Yeşilova Aras, Ecehan, Editorial Board Member, and Zhu, Ling, Editorial Board Member

Published
2021
Full Text
View/download PDF

133. Transparency in Insurance Regulation and Supervisory Law of Turkey

Author

Aras, Ecehan Yeşilova, Marano, Pierpaolo, Series Editor, Bataller Grau, Juan, Editorial Board Member, Chang, Johnny, Editorial Board Member, Chrissanthis, Christos S, Editorial Board Member, Cousy, Herman, Editorial Board Member, Grima, Simon, Editorial Board Member, Gurses, Ozlem, Editorial Board Member, Heiss, Helmut, Editorial Board Member, Kochenburger, Peter, Editorial Board Member, Koezuka, Tadao, Editorial Board Member, Kullmann, Jérôme, Editorial Board Member, Kursche, Birgit, Editorial Board Member, Kwon, W. Jean J., Editorial Board Member, Landini, Sara, Editorial Board Member, Lima Rego, Margarida, Editorial Board Member, Lin, JJ, Editorial Board Member, Malinowska, Katarzyna, Editorial Board Member, Martinez, Leo P., Editorial Board Member, McCoy, Patricia, Editorial Board Member, Meggit, Gary, Editorial Board Member, Merkin, Robert, Editorial Board Member, Millard, Daleen, Editorial Board Member, Nakaide, Satoshi, Editorial Board Member, Norio, Jaana, Editorial Board Member, Noussia, Kyriaki, Editorial Board Member, Núñez, Laura, Editorial Board Member, Perner, Stefan, Editorial Board Member, Rokas, Ioannis, Editorial Board Member, Siri, Michele, Editorial Board Member, Van Schoubroeck, Caroline, Editorial Board Member, Verheyen, Wouter, Editorial Board Member, Wandt, Manfred, Editorial Board Member, Wang, Hsin-Chun, Editorial Board Member, Yeşilova Aras, Ecehan, Editorial Board Member, and Zhu, Ling, Editorial Board Member

Published
2021
Full Text
View/download PDF

134. Transparency in Insurance Regulation and Supervisory Law of Russia

Author

Tourbina, Capitolina, Marano, Pierpaolo, Series Editor, Bataller Grau, Juan, Editorial Board Member, Chang, Johnny, Editorial Board Member, Chrissanthis, Christos S, Editorial Board Member, Cousy, Herman, Editorial Board Member, Grima, Simon, Editorial Board Member, Gurses, Ozlem, Editorial Board Member, Heiss, Helmut, Editorial Board Member, Kochenburger, Peter, Editorial Board Member, Koezuka, Tadao, Editorial Board Member, Kullmann, Jérôme, Editorial Board Member, Kursche, Birgit, Editorial Board Member, Kwon, W. Jean J., Editorial Board Member, Landini, Sara, Editorial Board Member, Lima Rego, Margarida, Editorial Board Member, Lin, JJ, Editorial Board Member, Malinowska, Katarzyna, Editorial Board Member, Martinez, Leo P., Editorial Board Member, McCoy, Patricia, Editorial Board Member, Meggit, Gary, Editorial Board Member, Merkin, Robert, Editorial Board Member, Millard, Daleen, Editorial Board Member, Nakaide, Satoshi, Editorial Board Member, Norio, Jaana, Editorial Board Member, Noussia, Kyriaki, Editorial Board Member, Núñez, Laura, Editorial Board Member, Perner, Stefan, Editorial Board Member, Rokas, Ioannis, Editorial Board Member, Siri, Michele, Editorial Board Member, Van Schoubroeck, Caroline, Editorial Board Member, Verheyen, Wouter, Editorial Board Member, Wandt, Manfred, Editorial Board Member, Wang, Hsin-Chun, Editorial Board Member, Yeşilova Aras, Ecehan, Editorial Board Member, and Zhu, Ling, Editorial Board Member

Published
2021
Full Text
View/download PDF

135. Transparency in New Zealand Insurance Law

Author

Scragg, Jonathan, Merkin QC, Rob, Marano, Pierpaolo, Series Editor, Bataller Grau, Juan, Editorial Board Member, Chang, Johnny, Editorial Board Member, Chrissanthis, Christos S, Editorial Board Member, Cousy, Herman, Editorial Board Member, Grima, Simon, Editorial Board Member, Gurses, Ozlem, Editorial Board Member, Heiss, Helmut, Editorial Board Member, Kochenburger, Peter, Editorial Board Member, Koezuka, Tadao, Editorial Board Member, Kullmann, Jérôme, Editorial Board Member, Kursche, Birgit, Editorial Board Member, Kwon, W. Jean J., Editorial Board Member, Landini, Sara, Editorial Board Member, Lima Rego, Margarida, Editorial Board Member, Lin, JJ, Editorial Board Member, Malinowska, Katarzyna, Editorial Board Member, Martinez, Leo P., Editorial Board Member, McCoy, Patricia, Editorial Board Member, Meggit, Gary, Editorial Board Member, Merkin, Robert, Editorial Board Member, Millard, Daleen, Editorial Board Member, Nakaide, Satoshi, Editorial Board Member, Norio, Jaana, Editorial Board Member, Noussia, Kyriaki, Editorial Board Member, Núñez, Laura, Editorial Board Member, Perner, Stefan, Editorial Board Member, Rokas, Ioannis, Editorial Board Member, Siri, Michele, Editorial Board Member, Van Schoubroeck, Caroline, Editorial Board Member, Verheyen, Wouter, Editorial Board Member, Wandt, Manfred, Editorial Board Member, Wang, Hsin-Chun, Editorial Board Member, Yeşilova Aras, Ecehan, Editorial Board Member, and Zhu, Ling, Editorial Board Member

Published
2021
Full Text
View/download PDF

136. Transparency in Insurance Regulation and Supervisory Law of England

Author

Noussia, Kyriaki, Marano, Pierpaolo, Series Editor, Bataller Grau, Juan, Editorial Board Member, Chang, Johnny, Editorial Board Member, Chrissanthis, Christos S, Editorial Board Member, Cousy, Herman, Editorial Board Member, Grima, Simon, Editorial Board Member, Gurses, Ozlem, Editorial Board Member, Heiss, Helmut, Editorial Board Member, Kochenburger, Peter, Editorial Board Member, Koezuka, Tadao, Editorial Board Member, Kullmann, Jérôme, Editorial Board Member, Kursche, Birgit, Editorial Board Member, Kwon, W. Jean J., Editorial Board Member, Landini, Sara, Editorial Board Member, Lima Rego, Margarida, Editorial Board Member, Lin, JJ, Editorial Board Member, Malinowska, Katarzyna, Editorial Board Member, Martinez, Leo P., Editorial Board Member, McCoy, Patricia, Editorial Board Member, Meggit, Gary, Editorial Board Member, Merkin, Robert, Editorial Board Member, Millard, Daleen, Editorial Board Member, Nakaide, Satoshi, Editorial Board Member, Norio, Jaana, Editorial Board Member, Noussia, Kyriaki, Editorial Board Member, Núñez, Laura, Editorial Board Member, Perner, Stefan, Editorial Board Member, Rokas, Ioannis, Editorial Board Member, Siri, Michele, Editorial Board Member, Van Schoubroeck, Caroline, Editorial Board Member, Verheyen, Wouter, Editorial Board Member, Wandt, Manfred, Editorial Board Member, Wang, Hsin-Chun, Editorial Board Member, Yeşilova Aras, Ecehan, Editorial Board Member, and Zhu, Ling, Editorial Board Member

Published
2021
Full Text
View/download PDF

137. Information and Communication Technologies as a Condition of Effective Political Management

Author

Karsanova, Elena S., Volgin, Oleg S., Kolpakov, Alexey V., Kacprzyk, Janusz, Series Editor, Gomide, Fernando, Advisory Editor, Kaynak, Okyay, Advisory Editor, Liu, Derong, Advisory Editor, Pedrycz, Witold, Advisory Editor, Polycarpou, Marios M., Advisory Editor, Rudas, Imre J., Advisory Editor, Wang, Jun, Advisory Editor, Popkova, Elena G., editor, and Sergi, Bruno S., editor

Published
2021
Full Text
View/download PDF

144. Archival research on integrated reporting: a systematic review of main drivers and the impact of integrated reporting on firm value.

Author

Velte, Patrick

Subjects
ENTERPRISE value, ARCHIVAL research, BUSINESS case (Research), ENVIRONMENTAL economics, INFORMATION overload, NATURAL capital
Abstract

Integrated reporting (IR) represents an innovative approach to business reporting especially by Public Interest Entities (PIEs). In addition to financial capital, the integrated report includes material information about manufactured, intellectual, human, social and relational, and natural capitals. Although there has been a steady growth in empirical IR research, there is—as yet—no literature review on the business case for IR. Thus, the purpose of this study is to convey a detailed understanding of the governance-, (non) financial performance-, and reporting-related determinants of IR and its contribution to firm value in line with the business case argument. To do so, we selected 85 quantitative peer-reviewed archival studies on that topic. We have then differentiated said studies between those that focus on IR adoption versus those that focus on IR quality, with a legitimacy- and stakeholder-theory-based framework. This differentiation is crucial, to stress the challenges of greenwashing policies and information overload. Here, in contrast to former literature reviews on IR, we provide new insights into this emerging research topic and concentrate on archival IR research. We are also interested in recent moderator- and mediator analysis in archival IR research since the business case argument for IR may require a specific environment, in addition to the main variables we have included. We likewise give a detailed overview of included variables and proxies and compare their main statistical effects. Our literature review demonstrates that (1) board composition and (2) stakeholder pressure positively influence IR quality; whereas (3) (non) financial performance leads to increased IR adoption and quality. We also find that both IR adoption and IR quality are linked with positive consequences on firm valuation, as they lead to higher total performance measures. Last but not least, this analysis includes useful recommendations for future IR research. [ABSTRACT FROM AUTHOR]

Published
2022
Full Text
View/download PDF

Catalog

Books, media, physical & digital resources
See catalog results