File(s) under embargo
Reason: 18 month publisher embargo
6
month(s)19
day(s)until file(s) become available
Chapter 4: Risk Reporting Quality: A Review of Current Practices, Trends and Future Directions for Research
This chapter reviews the priorc orporate risk disclosure (CRD) literature and focuses on investigating the issue of quality in the context of risk reporting (RR) in terms of in what ways and to what extentprior studies have addressed CRD quality. The central argument in this chapteris that whilst there has been a growing number of CRD studies undertaken by accounting academics,these studies only partially address CRD quality. This review and analysis of the literature establishes the need forCRDresearchfocusing on qualityto be undertakenwith considering theprior research highlighting the lack of quality and informativeness of CRD. The chapteralso reviews relevant narrative literature that is not typically classified as CRD literature. Whilst this chapterplaces an emphasis on discussing the existing literature and current RRpractices, it also highlights the limitations of the risk disclosures provided by companies and argues there is room for further improvement. The chapteralso suggests directionsfor future research to advance our understanding in respect of CRD quality and usefulness and to overcome limitations in current knowledgeand disclosure practicesin these areas
History
Author affiliation
School of Business, University of LeicesterVersion
- AM (Accepted Manuscript)