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The Impact of the Disclosure of the Environmental Effects of Organizational Behavior on the Market
2 references·16 citing·51 second hop
The Impact of the Disclosure of the Environmental Effects of Organizational Behavior on the Market (1976)The Impact of the Disclosure of the Envir…The Adjustment of Stock Prices to New Information (2003)The Adjustment of Stock Price…A Simplified Model for Portfolio Analysis (1963)A Simplified Model for Portfo…The role of the external auditor in managing environmental, social, and governance (ESG) reputation risk (2022)The role of the external audi…The relationship between disclosures of corporate social performance and financial performance: Evidences from GRI reports in manufacturing industry (2015)The relationship between disc…Corporate social responsibility and firm performance in the airline industry: The moderating role of oil prices (2013)Corporate social responsibili…The corporate social responsibility–financial performance link in the U.S. restaurant industry: Do economic conditions matter? (2012)The corporate social responsi…Market reactions to the first‐time issuance of corporate sustainability reports (2010)Market reactions to the first…Does Community and Environmental Responsibility Affect Firm Risk? Evidence from UK Panel Data 1994-2006 (2010)Does Community and Environmen…Corporate social reporting: empirical evidence from Indonesia Stock Exchange (2010)Corporate social reporting: e…Stakeholder Theory and Managerial Decision-Making: Constraints and Implications of Balancing Stakeholder Interests (2006)Stakeholder Theory and Manage…A Meta-analytical investigation of the relationship between corporate social and financial performance (2005)A Meta-analytical investigati…Accountability and accounting regulation: the case of the Spanish environmental disclosure standard (2002)Accountability and accounting…Voluntary environmental and social accounting disclosure practices in the Asia-Pacific region: an international empirical test of political economy theory (1999)Voluntary environmental and s…Investors' assessment of implicit environmental liabilities: An empirical investigation (1997)Investors' assessment of impl…Social Disclosure and the Individual Investor (1994)Social Disclosure and the Ind…AN EXAMINATION OF THE IMPACT OF POLLUTION PERFORMANCE ON ECONOMIC AND MARKET PERFORMANCE: PULP AND PAPER FIRMS (1992)AN EXAMINATION OF THE IMPACT …Pollution disclosures, pollution performance and economic performance (1982)Pollution disclosures, pollut…An Investigation of the Information Content of (Certain) Social Responsibility Disclosures (1978)An Investigation of the Infor…The Information Content of Annual Earnings Announcements (1968)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The influence of institutional contexts on the relationship between voluntary carbon disclosure and carbon emission performance (2017)Carbon disclosure, carbon performance and financial performance: International evidence (2021)Green and competitive: ending the stalemate (1995)Some determinants of social and environmental disclosures in New Zealand companies (1996)Social Responsibilities of the Businessman (2013)Corporate governance and corporate social responsibility disclosure: evidence from Saudi Arabia (2016)Board composition, ownership structure and corporate social responsibility disclosure: the case of Jordan (2018)Does it pay to be sustainable? Looking inside the black box of the relationship between sustainability performance and financial performance (2018)Determinants of corporate social responsibility disclosure: An application of stakeholder theory (1992)Corporate social and environmental reporting (1995)Board diversity and corporate social responsibility in Jordan (2016)Corporate environmental sustainability reporting in the context of national cultures: A quantile regression approach (2016)Does the market value greenhouse gas emissions? Evidence from multi-country firm data (2020)On the Measurement of Corporate Social Responsibility: Self-Reported Disclosures as a Method of Measuring Corporate Social Involvement (1979)The value of corporate accounting reports: Arguments for a political economy of accounting (1984)Data in Search of a Theory: A Critical Examination of the Relationships Among Social Performance, Social Disclosure, and Economic Performance of U.S. Firms (1985)User needs in sustainability reporting: Perspectives of stakeholders in Ireland (2005)Shareholders’ requirements for corporate environmental disclosures: A cross country comparison (2010)Retail Investors’ Perceptions of the Decision-Usefulness of Economic Performance, Governance, and Corporate Social Responsibility Disclosures (2011)Environmental Performance and Corporate Disclosure (1980)Linear Programming Models for the Measurement of Environmental Performance of Firms—Concepts and Empirical Results (1997)Does the market value corporate environmental responsibility? An empirical examination (2007)The Cost of Carbon: Capital Market Effects of the Proposed Emission Trading Scheme ( ETS ) (2013)Intra-industry environmental disclosures in response to the Alaskan oil spill: A note on legitimacy theory (1992)A Study of the Environmental Disclosure Practices of Australian Corporations (1996)Managing Public Impressions: Environmental Disclosures in Annual Reports (1998)Compliance with Mandatory Environmental Reporting in Financial Statements: The Case of Spain (2001–2003) (2007)Corporate disclosure of environmental capital expenditures (2012)The production of normativity: A comparison of reporting regimes in Spain and the UK (2012)Portfolio Selection: Efficient Diversification of Investments (1959)THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945–1964 (1968)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Dividend Policy, Growth, and the Valuation of Shares (1961)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)Risk, Return, and Equilibrium: Empirical Tests (1973)Efficient Capital Markets: II (1991)The Social Psychology of Organizations. (1979)Managing Legitimacy: Strategic and Institutional Approaches (1995)A New Look at the Corporate Social–Financial Performance Relationship (2010)Labor-Friendly Corporate Practices: Is What is Good for Employees Good for Shareholders? (2010)Strategic management a stakeholder approach (2010)Configuration of External Influences: The Combined Effects of Institutions and Stakeholders on Corporate Social Responsibility Strategies (2011)The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications (1995)The Social Responsibility of Business Is to Increase Its Profits (2007)Exploring corporate social responsibility and financial performance through stakeholder theory in the tourism industries (2017)The Robustness of the Corporate Social and Financial Performance Relation: A Second‐Order Meta‐Analysis (2018)Impact of Environmental, Social, and Governance Information on Economic Performance: Evidence of a Corporate ‘Sustainability Advantage’ from Europe (2019)
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References

  • 2003The Adjustment of Stock Prices to New Information3,063 cited
  • 1963A Simplified Model for Portfolio Analysis2,740 cited

Cited by

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  • 1992AN EXAMINATION OF THE IMPACT OF POLLUTION PERFORMANCE ON ECONOMIC AND MARKET PERFORMANCE: PULP AND PAPER FIRMS345 cited
  • 2010Corporate social reporting: empirical evidence from Indonesia Stock Exchange295 cited
  • 2006Stakeholder Theory and Managerial Decision-Making: Constraints and Implications of Balancing Stakeholder Interests284 cited
  • 1982Pollution disclosures, pollution performance and economic performance279 cited
  • 2002Accountability and accounting regulation: the case of the Spanish environmental disclosure standard275 cited
  • 1999Voluntary environmental and social accounting disclosure practices in the Asia-Pacific region: an international empirical test of political economy theory271 cited
  • 1978An Investigation of the Information Content of (Certain) Social Responsibility Disclosures261 cited
  • 2015The relationship between disclosures of corporate social performance and financial performance: Evidences from GRI reports in manufacturing industry259 cited
  • 2010Does Community and Environmental Responsibility Affect Firm Risk? Evidence from UK Panel Data 1994-2006

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