---
res:
  bibo_abstract:
  - The study examines whether the announcement and passing of the Corporate Sustainability
    Reporting Directive (CSRD) impacts the sustainability reporting of German firms.
    It sheds light on the interdependence of various actors, sectors and policy levels
    by examining how regulatory changes at the policy level affect the reporting practices
    of firms across multiple sectors. On the one hand, the scope of the CSRD is being
    extended, so that new firms falling within its scope may increase their voluntary
    sustainability reporting as part of the preparation process. On the other hand,
    the reporting requirements will be more stringent, so that firms currently under
    the mandate of the Non-Financial Reporting Directive (NFRD) may enhance their
    sustainability reporting disclosure practices in preparation for the CSRD. First,
    we find no increase in voluntary sustainability reporting by firms that are not
    under the scope of the NFRD but will be under the scope of the CSRD. Second, we
    find enhanced sustainability reporting practices by firms that are subject to
    the NFRD after the CSRD’s announcement and passing. This finding suggests that
    these firms begin to implement the new reporting requirements before the first
    reports are published in 2025. We illuminate the preparation for extensive reporting
    changes through sustainability reporting disclosure practices as an outcome of
    the preparation process. These changes may represent a high burden, particularly
    for firms with no previous experience of sustainability reporting.@eng
  bibo_authorlist:
  - foaf_Person:
      foaf_givenName: Urska
      foaf_name: Kosi, Urska
      foaf_surname: Kosi
  - foaf_Person:
      foaf_givenName: Paula
      foaf_name: Relard, Paula
      foaf_surname: Relard
  bibo_doi: 10.1007/s00550-024-00541-1
  bibo_issue: '1'
  bibo_volume: 32
  dct_date: 2024^xs_gYear
  dct_isPartOf:
  - http://id.crossref.org/issn/2948-1627
  dct_language: eng
  dct_publisher: Springer Science and Business Media LLC@
  dct_title: Are firms (getting) ready for the corporate sustainability reporting
    directive?@
...