Climate-related disclosures under the TCFD framework and business green innovation: Evidence from China A-share companies

被引：3
作者：
Gao, Yongjun [1 ]
Saleh, Norman Mohd [1 ]
Abdullah, Ahmad Monir [1 ]
Adznan, Syaima [1 ]
机构：
[1] Univ Kebangsaan Malaysia, Fac Econ & Management, Bangi 43600, Selangor, Malaysia
来源：
FINANCE RESEARCH LETTERS | 2024年 / 63卷
关键词：
C limate -related disclosures; TCFD; Green innovation; Machine learning;
D O I：
10.1016/j.frl.2024.105310
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This study examines the influence of climate -related disclosures on business green innovation among a sample of Chinese A -share listed companies from 2009 to 2021. Based on the framework for Task Force on Climate -related Financial Disclosures, measurements of climate -related disclosures and indicators of four dimensions were made using machine learning and entropy methodologies. Findings show that climate -related disclosures positively influence business green innovation. However, the dimension of governance is negatively related to corporate green innovation. The association between climate -related disclosures and business green innovation is partially mediated by debt financing costs.
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页数：8
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