A less relevant relation is between the industry risk and the presence of CSR committees withinthe boards, partially supporting H2. As OECD declares, listed companies are aware of the need tostrengthen their risk management practices but they seem to give little importance to effectively do this [115]. Moreover, many scholars affirm the importance of industry characteristics for corporate behavior, in particular for responsibility disclosure [90], supporting their results with the consideration that ‘sensitive’ industries as regards social and environmental issues suffer more public pressures [116].