同行对气候风险信息披露的影响

IF 1.9 Q2 BUSINESS, FINANCE China Journal of Accounting Research Pub Date : 2024-07-14 DOI:10.1016/j.cjar.2024.100375
Yanxi Li, Duo Wang, Delin Meng, Yunge Hu
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引用次数: 0

摘要

在本研究中,我们通过分析中国 A 股上市公司,研究了同行效应对气候风险信息披露的影响。我们发现,行业同行会通过成本收益考虑(制度压力)导致的主动(被动)模仿来影响目标公司的气候风险信息披露。领先企业更容易被行业内的追随者企业效仿,而目标企业则更愿意向行业内的同类企业学习。高管过度自信和业绩压力会对目标企业效仿同行的意愿产生负面影响。最后,气候风险信息披露的同行效应体现了区域性。我们的研究结果对微观层面上合理的气候风险信息披露和宏观层面上实现碳峰值/中性的有效监管具有启示意义。
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Peer effect on climate risk information disclosure

In this study, we examine the peer effect on climate risk information disclosure by analyzing A-share listed companies in China. We find that industry peers influence target firms’ climate risk information disclosure through active (passive) imitation resulting from cost–benefit considerations (institutional pressures). Leader companies are more likely to be emulated by within-industry follower companies and target firms prefer to learn from similar within-industry firms. Executive overconfidence and performance pressure negatively affect target firms’ willingness to emulate their peers. Finally, the peer effect of climate risk information disclosure demonstrates a regional aspect. Our findings have implications for reasonable climate risk information disclosure at the micro level and effective regulation to move toward achieving carbon peak/neutrality at the macro level.

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来源期刊
CiteScore
4.70
自引率
0.00%
发文量
295
审稿时长
15 weeks
期刊介绍: The focus of the China Journal of Accounting Research is to publish theoretical and empirical research papers that use contemporary research methodologies to investigate issues about accounting, corporate finance, auditing and corporate governance in the Greater China region, countries related to the Belt and Road Initiative, and other emerging and developed markets. The Journal encourages the applications of economic and sociological theories to analyze and explain accounting issues within the legal and institutional framework, and to explore accounting issues under different capital markets accurately and succinctly. The published research articles of the Journal will enable scholars to extract relevant issues about accounting, corporate finance, auditing and corporate governance related to the capital markets and institutional environment.
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