Climate governance effects on carbon disclosure and performance
Bui, Binh; Houqe, Muhammad Nurul; Zaman, Mahbub
Muhammad Nurul Houqe
Professor Mahbub Zaman M.Zaman@hull.ac.uk
Professsor of Accounting
Integration of carbon oversight into board structures and processes has the potential to improve carbon performance and demonstrate accountability to stakeholders. However, it is not clear how climate governance affects carbon disclosure. Contributing to two strands of the literature, sustainability and governance issues, this paper examines the combined impact of climate governance on carbon disclosure. We find climate governance is associated with alignment between carbon disclosure and carbon performance. The results suggest that climate governance also reduces over-acclaiming of good performance via extensive disclosure, and low-polluters disclose more to differentiate themselves. Our findings highlight the importance of the frequency of reporting to the board and time horizon of carbon reporting for improving carbon disclosure and carbon performance. In contrast to traditional governance mechanisms, our results suggest climate governance better reflects firms’ commitment to addressing sustainability issues and transparent reporting.
Bui, B., Houqe, M. N., & Zaman, M. (2020). Climate governance effects on carbon disclosure and performance. The British accounting review, 52(2), https://doi.org/10.1016/j.bar.2019.100880
|Journal Article Type||Article|
|Acceptance Date||Jan 24, 2020|
|Online Publication Date||Jan 31, 2020|
|Publication Date||Mar 1, 2020|
|Deposit Date||Jan 30, 2020|
|Publicly Available Date||Feb 1, 2022|
|Journal||British Accounting Review|
|Peer Reviewed||Peer Reviewed|
|Keywords||Accounting; Climate governance; Climate change; Disclosure; Sustainability; Social impact|
This file is under embargo until Feb 1, 2022 due to copyright reasons.
Contact M.Zaman@hull.ac.uk to request a copy for personal use.
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