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Thermometer of Uncertainty Avoidance
Aidan Donahue
Created on May 28, 2024
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Transcript
THERMOMETER of Uncertainty Avoidance (UAI)
Affects on Adoption of SEC's New Rules and EU's CSRD
> 75º
High UAI: Religion:
Belgium & Italy are very risk-averse and will take longer to implement EU CSRD due to a need to know exactly how it will affect their economies and societies.
55-75º
Middling UAI: Religion:
Germany has score of 65 and likely will be faster to implement the EU CSRD, but it still wants a fair amount of detail on regulatory effects beforehand.
< 55º
Low UAI: Religion:
The Netherlands and U.S.A. are the least risk-averse on the list, meaning they will be more focused on working together to implement the regulations.