Elshandidy, Tamer; Fraser, Ian; Hussainey, Khaled - In: International Review of Financial Analysis 30 (2013) C, pp. 320-333
This paper investigates the impact of corporate risk levels on aggregated, voluntary and mandatory risk disclosures in the annual report narratives of UK non-financial listed companies. We find that firms characterised by higher levels of systematic, financing risks and risk-adjusted returns and...