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The Relevance of Environmental Disclosures for Investors and Other Stakeholder Groups: Are Such Disclosures Incrementally Informative?
16 references·4 citing·42 second hopsampled
The Relevance of Environmental Disclosures for Investors and Other Stakeholder Groups: Are Such Disclosures Incrementally Informative? (2010)The Relevance of Environmental Disclosure…Media legitimacy and corporate environmental communication (2008)Media legitimacy and corporat…Environmental risk management and the cost of capital (2008)Environmental risk management…Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis (2007)Revisiting the relation betwe…Assessing Alternative Proxies for the Expected Risk Premium (2005)Assessing Alternative Proxies…TALKING TRASH: LEGITIMACY, IMPRESSION MANAGEMENT, AND UNSYSTEMATIC RISK IN THE CONTEXT OF THE NATURAL ENVIRONMENT. (2004)TALKING TRASH: LEGITIMACY, IM…PE Ratios, PEG Ratios, and Estimating the Implied Expected Rate of Return on Equity Capital (2004)PE Ratios, PEG Ratios, and Es…The relation between environmental performance and environmental disclosure: a research note (2002)The relation between environm…A Re‐examination of Disclosure Level and the Expected Cost of Equity Capital (2002)A Re‐examination of Disclosur…Toward an Implied Cost of Capital (2001)Toward an Implied Cost of Cap…Social disclosure, financial disclosure and the cost of equity capital (2001)Social disclosure, financial …Does It Really Pay to Be Green? An Empirical Study of Firm Environmental and Financial Performance: An Empirical Study of Firm Environmental and Financial Performance (2001)Does It Really Pay to Be Gree…Disclosure level and the cost of equity capital. (1997)Disclosure level and the cost…Changes in the value-relevance of earnings and book values over the past forty years (1997)Changes in the value-relevanc…Corporate Disclosure Policy and Analyst Behavior. (1996)Corporate Disclosure Policy a…Earnings, Book Values, and Dividends in Equity Valuation* (1995)Earnings, Book Values, and Di…Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures (1993)Cross-Sectional Determinants …Digital Transformation and ESG Performance—Empirical Evidence from Chinese Listed Companies (2025)Digital Transformation and ES…Environmental protection tax on enterprise environmental, social and governance performance: A multi-perspective analysis based on financing constraints (2023)Environmental protection tax …The Value Relevance of SAM's Corporate Sustainability Ranking and GRI Sustainability Reporting in the European Stock Markets (2013)The Value Relevance of SAM's …Firm-Value Effects of Carbon Emissions and Carbon Disclosures (2013)Firm-Value Effects of Carbon …Coefficient Alpha and the Internal Structure of Tests (1951)Disclosure, Liquidity, and the Cost of Capital (1991)The Cross-Section of Expected Stock Returns (1992)The economic implications of corporate financial reporting (2005)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)The information content of losses (1995)The conservatism principle and the asymmetric timeliness of earnings1 (1997)The Boundaries of Financial Reporting and How to Extend Them (1999)The effect of international institutional factors on properties of accounting earnings (2000)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Institutionalized Organizations: Formal Structure as Myth and Ceremony (1977)Managing Legitimacy: Strategic and Institutional Approaches (1995)Putting the S back in corporate social responsibility: A multilevel theory of social change in organizations (2007)What We Know and Don’t Know About Corporate Social Responsibility (2012)Specification Tests in Econometrics (1978)Why Firms Voluntarily Disclose Bad News (1994)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)The Valuation of Uncertain Income Streams and the Pricing of Options (1976)Valuation and Clean Surplus Accounting for Operating and Financial Activities* (1995)Capital markets research in accounting (2001)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)The investment opportunity set and corporate financing, dividend, and compensation policies (1992)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Determinants of sustainability reporting: a review of results, trends, theory, and opportunities in an expanding field of research (2013)ESG performance and firm value: The moderating role of disclosure (2017)Adoption of CSR and Sustainability Reporting Standards: Economic Analysis and Review (2019)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Environmental and social disclosures: Link with corporate financial performance (2014)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Limited-dependent and qualitative variables in econometrics (1983)Econometric Analysis of Cross Section and Panel Data (2001)Board Gender Diversity and Corporate Response to Sustainability Initiatives: Evidence from the Carbon Disclosure Project (2015)Carbon Tail Risk (2018)Do Investors Care about Carbon Risk? (2019)Risk, Return, and Equilibrium: Empirical Tests (1973)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)
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References

  • 1995Earnings, Book Values, and Dividends in Equity Valuation*5,061 cited
  • 1997Disclosure level and the cost of equity capital.3,577 cited
  • 2007Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis3,573 cited
  • 1996Corporate Disclosure Policy and Analyst Behavior.2,743 cited
  • 1993Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures2,643 cited
  • 2001Toward an Implied Cost of Capital2,004 cited
  • 1997Changes in the value-relevance of earnings and book values over the past forty years1,788 cited
  • 2004PE Ratios, PEG Ratios, and Estimating the Implied Expected Rate of Return on Equity Capital1,749 cited
  • 2004TALKING TRASH: LEGITIMACY, IMPRESSION MANAGEMENT, AND UNSYSTEMATIC RISK IN THE CONTEXT OF THE NATURAL ENVIRONMENT.1,717 cited
  • 2008Environmental risk management and the cost of capital1,529 cited
  • 2002The relation between environmental performance and environmental disclosure: a research note1,490 cited
  • 2002A Re‐examination of Disclosure Level and the Expected Cost of Equity Capital1,457 cited
  • 2001Does It Really Pay to Be Green? An Empirical Study of Firm Environmental and Financial Performance: An Empirical Study of Firm Environmental and Financial Performance1,220 cited
  • 2001Social disclosure, financial disclosure and the cost of equity capital

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835 cited
  • 2008Media legitimacy and corporate environmental communication795 cited
  • 2005Assessing Alternative Proxies for the Expected Risk Premium750 cited
  • Cited by

    • 2013Firm-Value Effects of Carbon Emissions and Carbon Disclosures1,702 cited
    • 2013The Value Relevance of SAM's Corporate Sustainability Ranking and GRI Sustainability Reporting in the European Stock Markets37 cited
    • 2023Environmental protection tax on enterprise environmental, social and governance performance: A multi-perspective analysis based on financing constraints34 cited
    • 2025Digital Transformation and ESG Performance—Empirical Evidence from Chinese Listed Companies23 cited