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The Innovation and Reporting Consequences of Financial Regulation for Young Life-Cycle Firms

Reynolds Holding

The implicit assumption in such regulation is that the benefits of improved financial reporting to financial statement users exceed the direct and indirect costs borne by the implementing firms. Ergo, financial regulation is less likely to improve disclosure for young life-cycle firms.

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ESG A Valuation Framework

Value Scope

Do ESG programs impact firm value? Will ESG assets be recorded on balance sheets one day soon, just as intangible assets such as goodwill and intellectual property are recorded today? We used the client’s residential customer database with 15-minute interval data for the years 2014, 2015, and 2016.