“…The role of the legal frameworks in pushing to more effective forms of sustainability reporting is a topic of interest not only in the European context (Cupertino et al, 2022;Dumitru et al, 2017;Mion and Adaui, 2019;Venturelli et al, 2019;Zanellato and Tiron-Tudor, 2022) but also in other countries or territorial contexts. With reference to the worldwide situation, Krueger et al (2023) showed that a compulsory ESG disclosure regulation can contribute to the improvement of corporate information, with general benefits on the capital market, particularly by helping reduce differences and therefore protecting the interests of JAAR 25,1 investors (Rossignoli et al, 2022). Other studies involving extra-European countries (Syed and Butt, 2017;Tran et al, 2021) confirm that a regulatory framework that seeks to consider the interests of stakeholders, particularly investors, can constitute a positive opportunity for the development of more complete and adequate practices of sustainability reporting (Alshbili and Elamer, 2020;Sadou et al, 2017).…”