Measurement approaches for inigrated reporting adoption and quality: A systematic literature review, conceptualization and a research agenda

Publikation: Beiträge in SammelwerkenAufsätze in KonferenzbändenForschungbegutachtet

Authors

Previous assessment of the stock market reation to the accouncement of firms' inclusion European sustainability indices revealed inconclusive results regarding investor reactions. While previous research is largely based on data from the late 1990s and early 2000s, the value of sustainable assets under management has increased sharply within the last decades. Counteracting the divergence of practice and research, the substance of this research lies in answering the question of whether investors appreciate firms' inclusion in a renowned European sustainability index in current times. Performing an event study based on a sample of 77 additions in the time period 2018-2021, the study examines the stock market reaction to firms' inclusion in the FTSE4Good Europe Index based on signaling theory. We analyze the
significance of abnormal returns using three event windows: the pre-announcement period, the announcement period, and the effective period. We find that in the time period around the announcement date [AD 0, AD +5], stock returns of firms being added to the index positively and significantly increase.
The results of the study, therefore, suggest that the addition to the FTSE4Good Europe Index is a significant criterion for asset allocation activities
OriginalspracheEnglisch
TitelCSR COMMUNICATION CONFERENCE 2022 : PROCEEDINGS The 6th International CSR Communication Conference Leuphana University of Lüneburg, Lüneburg September 14-16, 2022
HerausgeberHannah Trittin-Ulbrich, Dennis Schoeneborn, Matthias Wenzel, Urša Golob, Klement Podnar
Anzahl der Seiten10
ErscheinungsortLjķbljani
VerlagUniversity of Ljubljana
Erscheinungsdatum2022
Auflage1
Seiten135-144
ISBN (elektronisch)978-961-295-030-9
PublikationsstatusErschienen - 2022
VeranstaltungConference - The 6th International CSR Communication Conference - 2022: New Challenges in the Age of Digitalization and Disinformation - Leuphana University, Lüneburg, Deutschland
Dauer: 14.09.202216.09.2022
Konferenznummer: 6
http://csr-com.org/img/upload/CSRCom_Proceedings_2022_Web1[4].pdf

Zuletzt angesehen

Publikationen

  1. Führen mit Hilfe IT-gestützter Workflows
  2. From the laboratory to the field
  3. A leverage point perspective on serious games for sustainability transformation
  4. LEGU-MED
  5. 2D QSAR of PPARγ agonist binding and transactivation.
  6. In Situ Synchrotron Radiation Study of the Tension–Compression Asymmetry in an Extruded Mg–2Y–1Zn–1Mn Alloy
  7. How business reporting changed during the financial crisis
  8. Pitfalls and potential of institutional change
  9. Shedding Some Light on Economics in Philippians
  10. Autotrophic and heterotrophic microalgae and cyanobacteria cultivation for food and feed
  11. Dataset of physiological, behavioral, and self-report measures from a group decision-making lab study
  12. Managing the Business Case for Sustainability
  13. Energy transition and civic engagement
  14. PSYCHODRAMA AND SOCIOMETRY AS COUNSELING AND THERAPY METHODS IN OPEN GROUPS OF ALCOHOLICS
  15. 'So tun als ob' 2.0
  16. Learning from Indigenous Populations and Local Communities
  17. Knowledge transfer in age-diverse coworker dyads in China and Germany
  18. Customer Value und Public Value
  19. The impact of female managers on the gender pay gap: Evidence from linked employer–employee data for Germany
  20. Integration by case, place and process: transdisciplinary research for sustainable grazing in the Lachlan River catchment, Australia
  21. Making Sociological Theories Come Alive
  22. Didaktik privater Rechtsgestaltung
  23. Art as entertainment
  24. Training Moral Sensitivity Through Video Games
  25. Culture's Influence on Emotional Intelligence
  26. Termination of life support measures in case of persons in permanent vegetative state.