Impact of GHG Reporting Quality on Investors’ Valuations in a Regulatory Context: The Case of SBF 120 Companies (notice n° 455373)
[ vue normale ]
| 000 -LEADER | |
|---|---|
| fixed length control field | 02892cam a2200313 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121033608.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Fromont, Emmanuelle |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Impact of GHG Reporting Quality on Investors’ Valuations in a Regulatory Context: The Case of SBF 120 Companies |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2022.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 85 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | Cet article étudie l’impact de la qualité de la communication réglementée des entreprises en matière d’émissions de Gaz à Effet de Serre (GES) sur la valorisation des investisseurs et ceci dans un contexte de renforcement des contraintes législatives et de croissance des exigences informationnelles des parties prenantes. En utilisant un score de communication GES estimé à partir des publications réalisées entre 2016 et 2019 par les entreprises françaises du SBF 120, nous montrons que la qualité des communications GES règlementées s’est améliorée sur la période d’étude malgré l’absence de mesures coercitives et apparaît particulièrement plus élevée chez les entreprises des secteurs polluants. Nos résultats suggèrent également que si les marchés financiers sont sensibles à la qualité des informations GES exigée par le législateur français, ils tendent à valoriser différemment cette information extra-financière en fonction du secteur d’activité de l’entreprise. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | This article studies the impact of the quality of mandatory corporate reporting of greenhouse gas (GHG) emissions on investors’ valuations in a context of increasing legislative constraints and stakeholders’ growing information requirements. Using a GHG reporting score estimated from disclosures provided by French companies listed on the SBF 120 from 2016 to 2019, we show that the quality of mandatory GHG reporting improved over the study period despite lack of enforcement measures and appears to be higher among firms in polluting sectors. Our results also suggest that while financial markets are sensitive to the quality of GHG information required under French legislation, they tend to calibrate their valuations of this extra-financial information to the type of sector in which firm operates. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | qualité de l’information GES |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | secteur d’activité. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | réglementation |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | reportingenvironnemental |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | valorisation des investisseurs |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | regulation |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | sector. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | quality of GHG information |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | environmental reporting |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | investors’ valuations |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Vo, Thi Le Hoa |
| Relator term | author |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Lux, Gulliver |
| Relator term | author |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Accounting Auditing Control | Volume 28 | 1 | 2022-01-13 | p. 133-160 | 1262-2788 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-accounting-auditing-control-2022-1-page-133?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-accounting-auditing-control-2022-1-page-133?lang=en&redirect-ssocas=7080</a> |
Pas d'exemplaire disponible.
Réseaux sociaux