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dc.contributor.authorWang, Z.
dc.contributor.authorFu, H.
dc.contributor.authorRen, X.
dc.contributor.authorGozgor, Giray
dc.date.accessioned2024-02-09T10:02:29Z
dc.date.accessioned2024-03-01T14:32:17Z
dc.date.available2024-02-09T10:02:29Z
dc.date.available2024-03-01T14:32:17Z
dc.date.issued2024-03
dc.identifier.citationWang Z, Fu H, Ren X et al (2024) Exploring the carbon emission reduction effects of corporate climate risk disclosure: Evidence from the Chinese A-share listed enterprises. International Review of Financial Analysis. 92: 103072.en_US
dc.identifier.urihttp://hdl.handle.net/10454/19824
dc.descriptionYes
dc.description.abstractThis 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.en_US
dc.description.sponsorshipThis work was supported by National Natural Science Foundation of China [No. 72091515], the Natural Science Foundation of Hunan Province (2022JJ40647), and Excellent Young Scholar Project of the Hunan Provincial Department of Education (23B0004).en_US
dc.language.isoenen_US
dc.rights© 2024 Elsevier Inc. All rights reserved. Reproduced in accordance with the publisher's self-archiving policy. This manuscript version is made available under the CC-BY-NC-ND 4.0 license.en_US
dc.subjectCorporate climate risk disclosure
dc.subjectCorporate carbon emissions
dc.subjectExecutive environmental experience
dc.subjectInvestor attention
dc.subjectGovernment environmental supervision
dc.titleExploring the carbon emission reduction effects of corporate climate risk disclosure: Evidence from the Chinese A-share listed enterprisesen_US
dc.status.refereedYes
dc.date.Accepted08/01/2024
dc.date.application12/01/2024
dc.typeArticle
dc.date.EndofEmbargo12/07/2025
dc.type.versionAccepted manuscript
dc.description.publicnotesThe full-text of this article will be released for public view at the end of the publisher embargo on 12 July 2025.en_US
dc.identifier.doihttps://doi.org/10.1016/j.irfa.2024.103072
dc.rights.licenseCC-BY-NC-NDen_US
dc.date.updated2024-02-09T10:02:31Z
refterms.dateFOA2024-03-01T14:32:59Z
dc.openaccess.statusembargoedAccess


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