Jonathan:I worked at smaller, publicly traded companies. My first role from EY was doing external reporting. I was a senior, and I got to say that was a fairly easy—I don't want to downplay it—but it was a fairly easy transition from the days of public accounting to then being th...
The literature uses disclosure quantity as a proxy for disclosure quality (e.g. Hussainey et al.2003; Hussainey and Walker2009). Limited evidence shows that quantity is not a good proxy for quality and each measure has its own determinants (Elzahar et al.2015in their study on Key Performan...
Examining the share of capitalisation of companies that prepare ESG reports in the total capitalisation of the EU exchanges, we found a significant dominance of large companies. It confirms the hypothesis that ESG reports are prepared mainly by large entities [29]. This may be changed with the ...
Of course, this does not exhaust all the behavioural biases that can be made by both preparers of reports and users of financial reports. On the one hand, these biases will negatively affect the reliability of the information based on mark-to-model fair value measures and, on the other, ...