The impact of carbon disclosure mandates on emissions and financial operating performance


Downar, Benedikt ; Ernstberger, Jürgen ; Reichelstein, Stefan ; Schwenen, Sebastian ; Zaklan, Aleksandar


[img] PDF
The impact of carbon disclosure mandates on emissions and financial operating performance.pdf - Published

Download (1MB)

DOI: https://doi.org/10.1007/s11142-021-09611-x
URL: https://madoc.bib.uni-mannheim.de/60319
Additional URL: https://link.springer.com/article/10.1007/s11142-0...
URN: urn:nbn:de:bsz:180-madoc-603193
Document Type: Article
Year of publication Online: 2021
The title of a journal, publication series: Review of Accounting Studies
Volume: tba
Issue number: tba
Page range: 1-39
Place of publication: Dordrecht [u.a.]
Publishing house: Springer Science + Business Media B.V.
ISSN: 1380-6653 , 1573-7136
Publication language: English
Institution: Business School > Stiftungsprofessur für ABWL (Reichelstein 2018-)
Pre-existing license: Creative Commons Attribution 4.0 International (CC BY 4.0)
Subject: 330 Economics
Classification: JEL: Q28 , Q40 , M41 , M48,
Keywords (English): Disclosure of nonfinancial information , mandatory disclosure , greenhouse gas emissions , real effects
Abstract: We examine the impact of a disclosure mandate for greenhouse gas emissions on firms' subsequent emission levels and financial operating performance. For UK-incorporated listed firms a carbon disclosure mandate was adopted in 2013. Our difference-indifferences design shows that firms affected by the mandate reduced their emissions by about 8% relative to a control group of European firms. At the same time, our tests indicate that the treated firms experienced no significant changes in their gross margins. Taken together, our findings indicate that the reporting mandate had a real effect on the variable to be disclosed without adversely affecting the financial operating performance of the treated firms.
Additional information: Online Ressource

Dieser Eintrag ist Teil der Universitätsbibliographie.

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.

Diese Publikation ist bisher nur Online erschienen. Diese Publikation nun als "Jetzt in Print erschienen" melden.




Metadata export


Citation


+ Search Authors in

+ Download Statistics

Downloads per month over past year

View more statistics



You have found an error? Please let us know about your desired correction here: E-Mail


Actions (login required)

Show item Show item