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This study aims to examine whether announcements of mandatory sustainability disclosure affect corporate sustainability performance (CSP).

The authors use a quasi-experiment provided by mandatory sustainability disclosure announcements that occurred in 21 countries from 2006–2016. A difference-in-differences method is adopted. The authors restrict the drawing of all candidate treatment and control firms to a pool of firms that did not disclose sustainability information one year before the announcements.

The authors find that the announcements of mandatory sustainability disclosure are positively related to CSP. The positive effect is more pronounced for firms in countries with higher anticipation effects and lower awareness effects. Specifically, the authors find that the effect of the announcements is more pronounced in a country where the rule of law is higher and stakeholders are less likely to initiate communication about sustainability with firms, and with fewer active participants in and signatories to the United Nations Global Compact initiative. The findings hold under different robustness analyses.

The study enriches the knowledge about the effect of the announcements of comprehensive mandatory sustainability disclosure by analysing the consequences of these announcements. In the contribution to this growing stream of research, the authors provide evidence on the consequences of the announcements based on a cross-country sample and importantly, focusses on the non-economic consequences.

This paper aims to examine the short-term effect of the Arizona Immigration Law of 2010 (SB 1070) on the noncitizen Hispanic state population.

To get a consistent estimate of this effect, a synthetic control method has been used to calculate a suitable counterfactual.

Results indicate that this bill produced a statistically significant short-term reduction in the proportion of noncitizen Hispanics in Arizona between 10 and 15 per cent. However, the evidence suggests that this effect vanishes after a few months.

These findings are consistent with previous evidence of the high mobility of the undocumented population in the US, and contribute to the understanding of the effects of federal and state-level immigration legislation.

Este artículo examina el efecto a corto plazo de la Ley de Inmigración de Arizona de 2010 (SB 1070) sobre la población hispana no ciudadana.

Para obtener una estimación consistente sobre este efecto, he utilizado un método de control sintético para calcular una hipótesis de contraste adecuada.

Los resultados indican que este proyecto produjo una reducción a corto plazo estadísticamente significativa en la proporción de hispanos no ciudadanos en Arizona —entre el 10% y el 15%—. Sin embargo, la evidencia sugiere que este efecto desaparece después de unos meses.

Estos hallazgos son consistentes con la evidencia previa de la alta movilidad de la población indocumentada en los Estados Unidos, y contribuyen a la comprensión de los efectos de la legislación de inmigración federal y estatal.

Población hispana, Inmigración ilegal, Control sintético

Artículo de investigación