Risk reporting: A review of the literature and implications for future research✩
Journal of Accounting Literature
ISSN: 0737-4607
Article publication date: 31 January 2018
Issue publication date: 30 June 2018
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.
Keywords
Citation
Elshandidy, T., Shrives, P.J., Bamber, M. and Abraham, S. (2018), "Risk reporting: A review of the literature and implications for future research✩", Journal of Accounting Literature, Vol. 40 No. 1, pp. 54-82. https://doi.org/10.1016/j.acclit.2017.12.001
Publisher
:Emerald Publishing Limited
Copyright © 2018, Emerald Publishing Limited