We introduce the decomposition of carbon emissions into an expected and an unexpected component and analyze the association between these components and firm value. The expected component captures a firm's average carbon emissions inherent to its business model and operating environment. The...

We examine whether mandatory climate reporting leads to changes in firms' carbon emissions. Using propensity score matching and a difference-in-differences design, we assess the effects of the Greenhouse Gas Reporting Program (GHGRP), introduced by the Environmental Protection Agency (EPA) in...

We investigate how the selection of assurance topics and the format of their communication influence the credibility perception of sustainability report readers. This is important because misleading communication may discredit ethical sustainability assurance practices. Based on signaling theory...

Der Europäische Sozialfonds (ESF) soll die Tätigkeiten der EU-Mitgliedstaaten zur Entwicklung des Arbeitsmarktes und der Humanressourcen unterstützen und ergänzen. Im Rahmen des ESF-Förderprogramms ist eine Halbzeitbewertung vorgesehen, um die ersten Ergebnisse der arbeitsmarktpolitischen...