气候变化领域集成服务门户(CCPortal): Exploring the carbon emission reduction effects of corporate climate risk disclosure: Empirical evidence based on Chinese A-share listed enterprises

CCPortal

DOI	10.1016/j.irfa.2024.103072
	Exploring the carbon emission reduction effects of corporate climate risk disclosure: Empirical evidence based on Chinese A-share listed enterprises
	Wang, Zongrun; Fu, Haiqin; Ren, Xiaohang; Gozgor, Giray
发表日期	2024
ISSN	1057-5219
EISSN	1873-8079
起始页码	92
卷号	92
英文摘要	This study reexamines the need for Chinese enterprises to disclose climate risk information in the context of their significant contribution to climate change. The paper proposes climate risk disclosure indicators based on a sample of Chinese A-share listed companies from 2010 to 2020 and their annual reports. It explores the relationship and influencing mechanism between corporate climate risk disclosure and carbon emissions levels. The results of empirical research show that disclosing climate risk information reduces carbon emissions levels, and this mitigating effect is significantly enhanced by the moderating effects of executive environmental experience, investor attention, and government environmental supervision. Heterogeneity analysis further indicates that state-owned enterprises, those with a solid corporate green culture, or industries with high pollution emissions can better exert the carbon emission reduction effect of climate risk disclosure. In addition, physical climate risk disclosure is preferred in terms of short-term carbon emissions. In contrast, transformational climate risk disclosure is selected for long-term carbon reduction goals. Finally, empirical economic analysis indicates that high-quality climate risk disclosure can appropriately mitigate the negative impact of corporate carbon emissions on solvency and profitability compared to firms with lower disclosure levels, highlighting the importance of climate risk disclosure quality.
英文关键词	Corporate climate risk disclosure; Corporate carbon emissions; Executive environmental experience; Investor attention; Government environmental supervision
语种	英语
WOS研究方向	Business & Economics
WOS类目	Business, Finance
WOS记录号	WOS:001170566600001
来源期刊	INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/295638
作者单位	Central South University; University of Bradford; Lebanese American University
推荐引用方式 GB/T 7714	Wang, Zongrun,Fu, Haiqin,Ren, Xiaohang,et al. Exploring the carbon emission reduction effects of corporate climate risk disclosure: Empirical evidence based on Chinese A-share listed enterprises[J],2024,92.
APA	Wang, Zongrun,Fu, Haiqin,Ren, Xiaohang,&Gozgor, Giray.(2024).Exploring the carbon emission reduction effects of corporate climate risk disclosure: Empirical evidence based on Chinese A-share listed enterprises.INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS,92.
MLA	Wang, Zongrun,et al."Exploring the carbon emission reduction effects of corporate climate risk disclosure: Empirical evidence based on Chinese A-share listed enterprises".INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS 92(2024).