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The coronavirus pandemic caused a sharp market decline while raising heterogeneous responses across companies related to their employees, supply chain, and repurposing of operations to provide needed products and services. We study whether during the 2020 COVID-19 induced market crash, investors...
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We examine whether a country's management of the COVID-19 pandemic relate to the downward biasing of the number of reported deaths from COVID-19. Using deviations from historical averages of the total number of monthly deaths within a country, we find that the probability of underreporting of...
Persistent link: https://www.econbiz.de/10012803225
The case describes the challenges that UBS faced as a result of the U.S. Department of Justice (DOJ) investigation for tax fraud, that claimed that UBS had helped some 52,000 U.S. residents hide billions of dollars in untaxed assets in secret Swiss accounts between 2000 and 2007, depriving the...
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As part of the SEC's revision of Regulation S-K, many investors proposed the mandatory disclosure of sustainability … regarding which sustainability disclosures are financially material. To inform this issue, we examine materiality standards … developed by the Sustainability Accounting Standards Board (SASB). We find firms voluntarily disclosing more SASB …
Persistent link: https://www.econbiz.de/10011901546
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sustainability over time, we know little about the role of the Chief Sustainability Officer (CSO) in this process. Using survey and … sustainability commitment. We document increasing organizational authority of the CSO as organizations increase their commitment to … sustainability moving from Compliance to Efficiency and then to Innovation. However, we also document a decentralization of decision …
Persistent link: https://www.econbiz.de/10010410565
. This led to the formation of the Corporate Environmental Advisory Council in 1992 which was renamed the Sustainability …, Vice President of Sustainability and EH&S (Environmental, Health and safety) is trying to decide what the content and … of principles that encourage innovating for sustainability throughout the company? A further challenge facing the company …
Persistent link: https://www.econbiz.de/10013066357