La gestione del rischio e la sua comunicazione GAP TEORICI ED EVIDENZE EMPIRICHE NELLE SOCIETÀ QUOTATE ITALIANE

In recent decades, there has been an explosion of risk reporting by compa- nies. What is risk? How do companies manage risks? Risks are logically distinct from their management, therefore, risk disclosure (RD) is different from risk management disclosure (RMD). The current work ts into the research stream on RD aiming at extending the focus on RMD and the process underlying such communication. First, a systematic review of the accounting literature investigates the topic of RMD to identify theoretical gaps. Second, the study empirically veri es the main emerging gap. Indeed, through telephonic interviews to people in charge of risk management, the study investigates how the nature and extent of the RMD in the Corporate Governance report is determined in Italian listed companies.