Economic policy uncertainty and carbon emissions: Do CSR committee and CSR reporting matter?

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE Finance Research Letters Pub Date : 2025-05-01 Epub Date: 2025-03-15 DOI:10.1016/j.frl.2025.107223

Rim Ben Abdesslem , Imed Chkir , Lamia Chourou , Hatem Rjiba

引用次数: 0

Abstract

This study explores the relationship between Economic Policy Uncertainty (EPU) and corporate carbon emissions around the world. We find a significant negative association, where a 1 % increase in EPU is associated with a reduction in carbon emissions ranging from 0.14 % to 0.30 %. The results suggest that firms reduce emissions during uncertain periods, potentially to enhance their reputational capital, anticipate regulatory changes, and improve efficiency. Compared to firms without CSR committees or CSR reporting, those with such governance structures exhibit a smaller reduction in emissions during periods of uncertainty, underscoring the moderating role of corporate governance mechanisms in shaping environmental behavior.

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经济政策不确定性与碳排放：企业社会责任委员会和企业社会责任报告重要吗？

本研究探讨了全球范围内经济政策不确定性与企业碳排放之间的关系。我们发现了显著的负相关，EPU每增加1%，碳排放量就会减少0.14%至0.30%。结果表明，企业在不确定时期减少排放，可能会提高其声誉资本，预测监管变化，提高效率。与没有企业社会责任委员会或企业社会责任报告的公司相比，具有这种治理结构的公司在不确定时期的减排幅度较小，强调了公司治理机制在塑造环境行为方面的调节作用。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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