Baier, P. ; Berninger, M. ; Kiesel, F. (2020)
Environmental, social and governance reporting in annual reports: A textual analysis.
In: Financial Markets, Institutions & Instruments, 29 (3)
doi: 10.1111/fmii.12132
Artikel, Bibliographie
Dies ist die neueste Version dieses Eintrags.
Kurzbeschreibung (Abstract)
Considering environmental, social, and governance (ESG) factors becomes increasingly important for companies and investors. However, “ESG” is not clearly defined so far and, therefore, it is difficult to measure the ESG activity of companies. We analyze the extent and changes in 10‐K reports and proxy statements on ESG, using a textual analysis and creating an ESG dictionary. The results show an average of 4.0 % ESG words on total words in the reports. The ESG word list with 482 items can be used to quantitatively examine the extent of ESG reporting, which will be helpful especially for SRI investors. Our classification of 40 subcategories allows a highly granular analysis of different ESG related aspects. Moreover, indications for a relation between changes in reporting and real events, especially negative media presence, are detected. Regulatory bodies have to be aware of the use of such words and how they are used.
| Typ des Eintrags: | Artikel |
|---|---|
| Erschienen: | 2020 |
| Autor(en): | Baier, P. ; Berninger, M. ; Kiesel, F. |
| Art des Eintrags: | Bibliographie |
| Titel: | Environmental, social and governance reporting in annual reports: A textual analysis |
| Sprache: | Englisch |
| Publikationsjahr: | August 2020 |
| Ort: | Oxford |
| Verlag: | Wiley-Blackwell |
| Titel der Zeitschrift, Zeitung oder Schriftenreihe: | Financial Markets, Institutions & Instruments |
| Jahrgang/Volume einer Zeitschrift: | 29 |
| (Heft-)Nummer: | 3 |
| DOI: | 10.1111/fmii.12132 |
| Zugehörige Links: | |
| Kurzbeschreibung (Abstract): | Considering environmental, social, and governance (ESG) factors becomes increasingly important for companies and investors. However, “ESG” is not clearly defined so far and, therefore, it is difficult to measure the ESG activity of companies. We analyze the extent and changes in 10‐K reports and proxy statements on ESG, using a textual analysis and creating an ESG dictionary. The results show an average of 4.0 % ESG words on total words in the reports. The ESG word list with 482 items can be used to quantitatively examine the extent of ESG reporting, which will be helpful especially for SRI investors. Our classification of 40 subcategories allows a highly granular analysis of different ESG related aspects. Moreover, indications for a relation between changes in reporting and real events, especially negative media presence, are detected. Regulatory bodies have to be aware of the use of such words and how they are used. |
| Zusätzliche Informationen: | ESG Wordlist is online available |
| Fachbereich(e)/-gebiet(e): | 01 Fachbereich Rechts- und Wirtschaftswissenschaften 01 Fachbereich Rechts- und Wirtschaftswissenschaften > Betriebswirtschaftliche Fachgebiete 01 Fachbereich Rechts- und Wirtschaftswissenschaften > Betriebswirtschaftliche Fachgebiete > Fachgebiet Unternehmensfinanzierung |
| Hinterlegungsdatum: | 04 Mai 2020 12:12 |
| Letzte Änderung: | 19 Jul 2024 08:40 |
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| Suche nach Titel in: | TUfind oder in Google |
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Environmental, social and governance reporting in annual reports: A textual analysis. (deposited 09 Jan 2024 12:38)
- Environmental, social and governance reporting in annual reports: A textual analysis. (deposited 04 Mai 2020 12:12) [Gegenwärtig angezeigt]
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