Governance Implications: The Challenge Of Disclosure. …, supervisors and supervised entities are increasingly focusing on the consequences of environmental, social, and governance (ESG … financial intermediaries, and the governance and disclosure implications of climate risks. It will be of interest to academics …

reduction (self-protection) so that correlation becomes endogenous. If prevention concerns only one risk, introducing a second … exogenous risk increases the level of prevention expenditures, even if correlation is negative. If prevention expenditures may …