This article sheds light onto the tangibility of the intangibles, arguing that environment, social and governance sustainability ("ESG"), typically considered as intangibles, can be explained by tangible factors such as banks' fundamentals, country ESG performance, macroeconomic factors and...

On February 2, 2010, the Securities and Exchange Commission (SEC) issued interpretive guidance regarding public companies' existing disclosure requirements for climate change matters. The interpretive guidance was adopted by a vote of three to two. According to Schwartz et al. (2010), the...