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

Reynolds Holding

We also predict that young life-cycle firms are less likely to improve financial reporting as a result of financial regulation because a significant portion of young life-cycle firmsvalue stems from intangible assets that are not recorded or disclosed in financial statements under current accounting rules.

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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? BlackRock, mentioned above, publishes a SASB disclosure document, easily downloaded from its website.