Risk reporting: A review of the literature and implications for future research

By Tamer Elshandidy, Philip J. Shrives, Matthew Bamber, Santhosh Abraham. Journal of Accounting Literature, 2018

158 citations recorded by the source corpus.

Abstract This paper provides a wide-ranging and up-to-date (1997–2016) review of the archival empirical risk-reporting literature. The reviewed papers are classified into two principal themes: the incentives for and/or informativeness of risk reporting. Our review demonstrates areas of significant divergence in the literature specifically: mandatory versus voluntary risk reporting, manual versus automated content analysis, within-country versus cross-country variations in risk reporting, and risk reporting in financial versus non-financial firms. Our paper identifies a number of issues which require further research. In particular we draw attention to two: first, a lack of clarity and consistency around the conceptualization of risk; and second, the potential costs and benefits of standard-setters’ involvement.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/9dba2655b8634ac1430b15f0e4e064051e7fb8d1