RT Journal Article
T1 Sustainable disclosure policies and sustainable performance of european listed companies
A1 D’Apice, Vincenzo
A1 Ferri, Giovanni
A1 Lipari, Francesca
AB Sustainable disclosure has become common for companies to publicly signal their responsible behavior. Our research idea is twofold. First—irrespective of its content—better quality sustainable disclosure should identify more sustainability compliant companies. Second, we propose that those companies should have a more stable—and thus more sustainable—performance. Focusing on the top-capitalized companies of the EU-28 stock exchanges, we assess how GRI sustainable-reporting quality associates with stock-price volatility and distance-to-default. Our results, which resist various robustness checks, confirm that better quality sustainable disclosure couples with more sustainable performance. Thus, pro-disclosure policies could enhance long-term value creation.
PB MDPI
SN 2071-1050
YR 2020
FD 2020-07-23
LK https://hdl.handle.net/20.500.14352/111986
UL https://hdl.handle.net/20.500.14352/111986
LA eng
NO D’Apice, V., Ferri, G., & Lipari, F. (2020). Sustainable Disclosure Policies and Sustainable Performance of European Listed Companies. Sustainability, 12(15), 5920. https://doi.org/10.3390/su12155920
DS Docta Complutense
RD 28 dic 2025