TY - JOUR T1 - Climate Change, Corporate Valuation, and the Proposed Securities and Exchange Commission Disclosure Regulations JF - The Journal of Portfolio Management SP - 40 LP - 45 DO - 10.3905/jpm.2022.1.404 VL - 48 IS - 10 AU - Bradford Cornell Y1 - 2022/09/30 UR - https://pm-research.com/content/48/10/40.abstract N2 - A fundamental purpose of disclosure requirements is to help investors value companies more accurately. At the margin, the benefit of more accurate valuation should equal the cost of preparing the disclosure. The cost of meeting the new Securities and Exchange Commission (SEC) disclosure proposals related to sustainability will be significant, but the information provided will do little to help investors more accurately assess the impact of climate change on corporate value. ER -