The influence of institutional contexts on the relationship between voluntary carbon disclosure and carbon emission performance

被引：183

作者：

Luo, Le ^{[1
]}

机构：

[1] Univ Newcastle, Newcastle Business Sch, Sydney, NSW, Australia

来源：

ACCOUNTING AND FINANCE | 2019年 / 59卷 / 02期

关键词：

Voluntary carbon disclosure; Carbon emission; Carbon Disclosure Project; Legitimacy theory; Global; 500; Carbon performance; CORPORATE SOCIAL-RESPONSIBILITY; ENVIRONMENTAL DISCLOSURES; KYOTO PROTOCOL; LEGITIMACY; COMMITMENT; MANAGEMENT; ASSURANCE; COMPANIES; MARKETS; GREEN;

D O I：

10.1111/acfi.12267

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This article examines the relationship between the level of voluntary carbon disclosure (VCD) and carbon emission performance and how the institutional context influences this relationship. Using a sample of Global 500 firms participating in the Carbon Disclosure Project (CDP) over the period 2008-2015, the evidence shows a negative relationship between voluntary carbon disclosure and carbon emission performance, which is consistent with the legitimacy theory that VCD may be undertaken for the purposes of legitimation. However, stringent carbon institutions appear to restrict legitimation attempts and help better reflect underlying performance.

引用

页码：1235 / 1264

页数：30