Business Model Disclosures, Market Values, and Earnings Persistence: Evidence From the <scp>UK</scp>

This paper investigates the consequences of business model (BM) disclosures. Content analysis is used to assess mandatory disclosure BM in 75 publicly listed companies' annual reports across a three-year period (2014–2016). The research applies novel content methodology that considers way which relevance disclosures dependent on particular given company adopts. empirical results show notably low levels and no significant association between market value. However, we find provides insights into earnings quality by means enhanced persistence. These findings reveal information about itself does not make difference investors when it linked financial outcomes. Instead, acts as framework for organizing other disclosures, complementary value generation, helping users understand how are generated. important informing policy-making process around extra-financial (e.g., EU Directive 2014/95/EU) answer calls inform future improvements corporate integrated reporting.