In recent years new reporting standards and laws have been issued. For German companies, the KonTraG (Corporate Sector Supervision and Transparency Act) was introduced in 1998 and the German Accounting Standard (GAS 5 Risk Reporting) is in place since 2001. This study analyses the disclosure of...

This paper deals with the competencies of risk management professionals for assessing risk. Often such risk experts (“analysts”) are being consulted or asked to conduct these tasks together with the respective personnel in a company. Therefore, from a management perspective it is important...

The study looks at risk reporting practices of SENSEX-listed companies in India. For being able to capture risk information quality, we applied an evaluation scheme with a maximum of 14 points for grading. We found that risk disclosure quality is very low in general with most companies providing...