What question did this study set out to answer?

Synthesize academic evidence on the potential economic consequences, regulatory considerations, and implementation challenges of mandating corporate social responsibility and sustainability disclosures for U.S. firms.

July 29, 2021Review of Accounting StudiesOpen Access

Mandatory CSR and sustainability reporting: economic analysis and literature review

View Full Paper

Ask AI

Bookmark

Synthesize academic evidence on the potential economic consequences, regulatory considerations, and implementation challenges of mandating corporate social responsibility and sustainability disclosures for U.S. firms.
Synthesized interdisciplinary academic literature across accounting, finance, economics, and management regarding mandated disclosure frameworks.
Evaluated theoretical and empirical economic impacts spanning capital markets, non-investor stakeholders, and corporate operational behavior.
Compared distinct sustainability reporting approaches differing in foundational goals, materiality definitions, and enforcement mechanisms.
Mandated sustainability disclosures directly impact capital allocation and pricing in financial markets while generating spillover effects on external stakeholders.
Regulatory disclosure requirements alter managerial behavior and real corporate activities, encouraging operational shifts in environmental and social performance.
Reporting outcomes depend heavily on enforcement infrastructure and the regulatory choice between financial materiality and broader impact materiality standards.

Discussion

No takes yet. Share an insight, caveat, or question.

Implication

Literature review reveals complex economic effects of mandated sustainability reporting in U.S. firms, highlighting trade-offs across capital markets, firm behavior, and regulatory enforcement.

Cite This Study

Christensen et al. (2021) studied this question.

synapsesocial.com/papers/69ce4fea1c896e087110103d https://doi.org/10.1007/s11142-021-09609-5

View Full Paper

Ask AI

Bookmark

Implication

Literature review reveals complex economic effects of mandated sustainability reporting in U.S. firms, highlighting trade-offs across capital markets, firm behavior, and regulatory enforcement.

Mandatory CSR and sustainability reporting: economic analysis and literature review

Key Points

Discussion

Implication

Cite This Study

Mandatory CSR and sustainability reporting: economic analysis and literature review

Key Points

Discussion

Implication

Cite This Study

Also Consider

Also Consider