ESG reporting divergence

• المؤلفون الرئيسيون: CHENG, Qiang, LOU, Yun, YANG, Mengjie
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2023
• الموضوعات: ESG reporting divergence; ESG rating disagreement; ESG fund; Regulation; Sustainability reporting; Global reporting initiative; Accounting; Corporate Finance
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soa_research/2032; https://ink.library.smu.edu.sg/context/soa_research/article/3059/viewcontent/SSRN_id4565408.pdf

In this paper, we provide the first large-sample empirical analysis of the consequences of ESG reporting divergence among U.S. firms. We construct and validate an ESG reporting divergence measure based on the dissimilarities in ESG reporting across firms. Validation tests confirm that it is lower fo...