Αναζήτηση

Πλοήγηση

• Κοινότητες
• Συγγραφείς
• Έτος
• Τίτλοι
• Θέματα

Ο Χώρος μου

• Είσοδος

Environmental, social and corporate governance framework for corporate disclosure: a multicriteria dimension analysis approach

Zopounidis Konstantinos, Garefalakis Alexandros, Lemonakis Christos, Passas Ioannis

Πλήρης Εγγραφή

---

Περίληψη

PurposeThe purpose of this paper is to provide to the Board of Directors and CEOs of a firm to be aware of and accountable for the information they provide to the public. As long as the quality of the companies’ public information is high, it will be able to retain its investors as well as to obtain new ones more easily.Design/methodology/approachThis paper introduces a Multi-Criteria Decision Aid (MCDA) tool with the use of the PROMETHEE II method to formulate an alternative aggregate ESG quality approach. We conduct comparisons in a sectorial and regional based perspective during different exam periods before and after the implementation of International Financial Reporting Standards (IFRS), in an attempt to provide a robust framework for corporate disclosure reporting.FindingsThe findings are of particular interest to both scholars and decision-makers, including providers of corporate governance indices and rating agencies. The innovation of this paper lies among others in using the MCDA method with the ESG framework, which proposes a combination of qualitative and quantitative criteria, enabling experienced and/or not experienced analysts to avoid manipulating techniques in business information.Research limitations/implicationsThe sample of companies based on the US and Europe companies incorporating only large-sized ones.Practical implicationsFindings are of particular interest to both scholars and decision-makers including providers of corporate governance indices and rating agencies.Social implicationsBetter understanding features pay key importance for increasing the “quality” information in firms financial statements, especially after the use of IFRS in reporting standards.Originality/valueThe authors proceed to analysis using a multiple perspective use that is decomposed into the following options: (a) Time-period oriented option, (b) Regional-oriented option and (c) Sectoral-oriented option respectively.

Υπηρεσίες