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This paper investigates whether risk-related disclosure, which includes aggregate risk disclosure and its tone , including upside and downside risk disclosures, is value relevant for investors in the UK market. Based on 1,941 firm-year observations for nonfinancial firms listed on the FTSE...
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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...
Persistent link: https://www.econbiz.de/10013072320
This paper investigates whether risk-related disclosure, which includes aggregate risk disclosure and its tone, including upside and downside risk disclosures, is value relevant for investors in the UK market. Based on 1941 firm-year observations for nonfinancial firms listed on the FTSE...
Persistent link: https://www.econbiz.de/10013334775
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