Arya, A.; Mittendorf, B. The interaction among disclosure, competition between firms, and analyst following. J. Account. Econ. 2007, 43, 321–339. [CrossRef]
- Barth, M.E.; Hutton, A.P. Analyst Earnings Forecast Revisions and the Pricing of Accruals. Rev. Account. Stud. 2004, 9, 59–96. [CrossRef]
Paper not yet in RePEc: Add citation now
- Benlemlih, M.; Bitar, M. CSR and Investment Efficiency. J. Bus. Ethics 2018, 148, 647–671.
Paper not yet in RePEc: Add citation now
- Bernardi, C.; Stark, A. Environmental, social and governance disclosure, integrated reporting, and the accuracy of analyst forecasts. Br. Account. Rev. 2018, 50, 16–31. [CrossRef]
Paper not yet in RePEc: Add citation now
- Broadstock, D.; Collins, A.; Hunt, L.C.; Vergos, K. Voluntary disclosure, greenhouse gas emissions and business performance: Assessing the first decade of reporting. Br. Account. Rev. 2018, 50, 48–59. [CrossRef]
Paper not yet in RePEc: Add citation now
- Brook, C.; Oikonomou, I. The effects of social, environmental and governance disclosures and performance on firm value: A review of the literature in accounting and finance. Br. Account. Rev. 2018, 50, 1–15.
Paper not yet in RePEc: Add citation now
- Chen, F.; Hope, O.K.; Li, Q.; Wang, X. Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets. Account. Rev. 2011, 86, 1255–1288. [CrossRef]
Paper not yet in RePEc: Add citation now
- Chen, T.; Xie, L.; Zhang, Y. How does analysts’ forecast quality relate to corpora+te investment efficiency? J. Corp. Financ. 2016, 43, 217–240. [CrossRef]
Paper not yet in RePEc: Add citation now
- Cheng, B.; Ioannou, I.; Serafeim, G. CSR and Access to Finance. Strateg. Manag. J. 2014, 35, 1–23. [CrossRef]
Paper not yet in RePEc: Add citation now
- Christensen, H.B.; Hail, L.; Leuz, C. Mandatory CSR and sustainability reporting: Economic analysis and literature review. Rev. Account. Stud. 2021, 26, 1176–1248. [CrossRef]
Paper not yet in RePEc: Add citation now
Cooper, S.M.; Owen, D.L. Corporate social reporting and stakeholder accountability: The missing link. Account. Organ. Soc. 2007, 32, 649–667. [CrossRef]
- Coram, K.; Mock, T.; Monroe, G. Financial analysts’ evaluation of enhanced disclosure of non-financial performance indicators. Br. Account. Rev. 2011, 43, 87–101. [CrossRef]
Paper not yet in RePEc: Add citation now
- Cui, J.; Jo, H.; Na, H. Does CSR Affect Information Asymmetry? J. Bus. Ethics 2017, 148, 549–572. [CrossRef]
Paper not yet in RePEc: Add citation now
- Dhaliwal, D.S.; Li, O.Z.; Tsang, A.; Yang, Y.G. Voluntary non-financial disclosures and cost of equity capital: The initiation of corporate social responsibility reporting. Account. Rev. 2011, 86, 59–100. [CrossRef]
Paper not yet in RePEc: Add citation now
- Dhaliwal, D.S.; Radhakrishnan, S.; Tsang, A.; Yang, Y.G. Nonfinancial disclosure and analyst forecast accuracy. Account. Rev. 2012, 87, 723–759. [CrossRef]
Paper not yet in RePEc: Add citation now
- Di Maggio, P.J.; Powell, W.W. The Iron Cage Revisited: Institutional Isomorphism and Collective Rationality in Organizational Fields. Am. Sociol. Rev. 1983, 48, 147–160. [CrossRef]
Paper not yet in RePEc: Add citation now
Diamond, D.; Verrecchia, R. Disclosure, liquidity, and the cost of capital. J. Financ. 1991, 46, 1325–1359. [CrossRef]
- Dudek, M.; Bashynska, I.; Filyppova, S.; Yermak, S.; Cichoń, D. Methodology for assessment of inclusive social responsibility of the energy industry enterprises. J. Clean Prod. 2023, 394, 136317.
Paper not yet in RePEc: Add citation now
- Dyck, A.; Morse, A.; Zingales, L. Who blows the whistle on corporate fraud? J. Financ. 2010, 65, 2213–2253. [CrossRef]
Paper not yet in RePEc: Add citation now
- Freeman, R.E. Divergent stakeholder theory. Acad. Manag. Rev. 1999, 24, 233–236.
Paper not yet in RePEc: Add citation now
Goldman, J.; Peress, J. Firm R&D and financial analysis: How do they interact? J. Financ. Intermed. 2023, 53, 101002.
- Grougiou, V.; Dedoulis, E.; Leventis, S. CSR Reporting and Organizational Stigma: The Case of “Sin” Industries. J. Bus. Res. 2016, 69, 905–914.
Paper not yet in RePEc: Add citation now
- Hannan, M.; John, F. Structural Inertia and Organizational Change. Am. Sociol. Rev. 1984, 2, 149–164. [CrossRef]
Paper not yet in RePEc: Add citation now
Healy, P.; Palepu, K. Information Asymmetry, Corporate Disclosure, and the Capital Markets: A Review of the Empirical Disclosure Literature. J. Account. Econ. 2001, 31, 405–440. [CrossRef]
- Hope, O.; Hu, D.; Lu, H. The Benefits of Specific Risk-factor Disclosures. Rev. Account. Stud. 2016, 21, 1005–1045. [CrossRef]
Paper not yet in RePEc: Add citation now
- Hsu, A.; Koh, K.; Liu, S.; Tong, Y. CSR and Corporate Disclosures: An Investigation of Investors’ and Analysts’ Perceptions. J. Bus. Ethics 2019, 158, 507–534. [CrossRef]
Paper not yet in RePEc: Add citation now
Ioannou, I.; Serafeim, G. The impact of CSR on investment recommendations: Analysts’ perceptions and shifting institutional logics. Strateg. Manag. J. 2015, 36, 1053–1081. [CrossRef]
Jensen, M.C.; Meckling, W.H. Theory of the firm: Managerial behavior, agency costs and ownership structure. J. Financ. Econ. 1976, 3, 305–360. [CrossRef]
Jiang, Y.; Wang, C.; Li, S.; Wan, J. Do institutional investors’ corporate site visits improve ESG performance? Evidence from China. Pac.-Basin Financ. J. 2022, 76, 101884.
Kasznik, R. On the Association between Voluntary Disclosure and Earnings Management. J. Account. Res. 1999, 37, 57–81. [CrossRef]
- Lang, M.; Lundholm, R. Corporate disclosure policy and analyst behaviour. Account. Rev. 1996, 71, 467–492.
Paper not yet in RePEc: Add citation now
- Lee, C.; Palmon, D.; Yezegel, A. The CSR Information Environment: Examining the Value of Financial Analysts’ Recommendations. J. Bus. Ethics 2018, 150, 279–301. [CrossRef]
Paper not yet in RePEc: Add citation now
- Li, W.; Yan, T.; Li, Y.; Yan, Z. Earnings management and CSR report tone: Evidence from China. Corp. Soc. Responsib. Environ. Manag. 2023, 30, 1883–1902. [CrossRef]
Paper not yet in RePEc: Add citation now
- Lys, T.; Naughton, J.P.; Wang, C. Signaling through Corporate Accountability Reporting. J. Account. Econ. 2015, 60, 56–73. [CrossRef]
Paper not yet in RePEc: Add citation now
- Meyer, J.W.; Rowan, B. Institutionalized organizations: Formal structure as myth and ceremony. Am. J. Sociol. 1977, 83, 340–363. [CrossRef]
Paper not yet in RePEc: Add citation now
- Naqvi, S.K.; Shahzad, F.; Rehman, I.U.; Qureshi, F.; Laique, U. CSR performance and information asymmetry: The moderating role of analyst coverage. Corp. Soc. Responsib. Environ. Manag. 2021, 28, 1549–1563. [CrossRef]
Paper not yet in RePEc: Add citation now
Qiu, Y.; Shaukat, A.; Tharyan, R. Environmental and social disclosures: Link with corporate financial performance. Br. Account. Rev. 2016, 48, 102–116. [CrossRef] Sustainability 2023, 15, 12310 17 of 17
Rahman, S.; Khan, T.; Siriwardhane, P. Sustainable development carbon pricing initiative and voluntary environmental disclosures quality. Bus. Strategy Environ. 2019, 28, 1072–1082.
Rashid, A.; Shams, S.; Bose, S.; Khan, H. CEO power and CSR (CSR) disclosure: Does stakeholder influence matter? Manag. Audit. J. 2020, 35, 1279–1312. [CrossRef]
- Richardson, S. Over-investment of free cash flow. Rev. Account. Stud. 2006, 11, 159–189. [CrossRef]
Paper not yet in RePEc: Add citation now
Stiglitz, J.E. Incentives and risk sharing in sharecropping. Rev. Econ. Stud. 1974, 41, 219–255. [CrossRef]
- Suchman, M.C. Managing Legitimacy: Strategic and Institutional Approaches. Acad. Manag. Rev. 1995, 20, 571–610. [CrossRef]
Paper not yet in RePEc: Add citation now
- Wang, K.T.; Kartika, F.; Wang, W.W.; Luo, G. CSR, investor protection, and the cost of equity: Evidence from East Asia. Emerg. Mark. Rev. 2021, 47, 100801. [CrossRef]
Paper not yet in RePEc: Add citation now
- Yezegel, A. Why do analysts revise their stock recommendations after earnings announcements? J. Account. Econ. 2015, 59, 163–181. [CrossRef]
Paper not yet in RePEc: Add citation now
- Zhong, M.; Xu, G. Social Responsibility Information Disclosure, Financial Information Quality and Investment Efficiency: Evidence from Chinese Listed Companies Based on “Compulsory Disclosure Era”. Mgmt. Rev. 2017, 2, 234–244.
Paper not yet in RePEc: Add citation now