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Academic Journal of Business & Management, 2023, 5(16); doi: 10.25236/AJBM.2023.051625.

External Pressure, Ownership Property and Carbon Information Disclosure: Evidence from Chinese Listed Agriculture-Related Companies

Author(s)

Weishi Song1,2, Albattat Ahmad1, Zhongye Sun2

Corresponding Author:
Albattat Ahmad
Affiliation(s)

1Graduate School of Management, Management and Science University, Shah Alam, Selangor, 40100, Malaysia

2Henan University of Technology, Zhengzhou, 450001, China

Abstract

This paper uses manually collected data on carbon information disclosure of Chinese listed agriculture-related companies from 2009-2015 to measure corporate carbon information disclosure, and explores the effects of external pressure on carbon information disclosure through textual analysis and hierarchical analysis. The results show that, firstly, government pressure has a significant positive relationship with corporate carbon information disclosure, i.e., the stronger the government regulation, the higher the level of carbon information disclosure of listed companies. Secondly, public pressure is significantly and positively related to corporate carbon information disclosure, which indicates that as the public's awareness of "low carbon and environmental protection" increases, their purchasing preferences change and companies perceive more and more low carbon demands and pressure from the public.

Keywords

carbon information disclosure; external pressure; government pressure; media pressure; public pressure; ownership property

Cite This Paper

Weishi Song, Albattat Ahmad, Zhongye Sun. External Pressure, Ownership Property and Carbon Information Disclosure: Evidence from Chinese Listed Agriculture-Related Companies. Academic Journal of Business & Management (2023) Vol. 5, Issue 16: 176-180. https://doi.org/10.25236/AJBM.2023.051625.

References

[1] He R., Luo L., Shamsuddin A., &Tang Q. L. (2022).Corporate carbon accounting: a literature review of carbon accounting research from the Kyoto Protocol to the Paris Agreement. Accounting and Finance, 62(1), 261-298.

[2] Luo X. Y., Zhang R. M., &Liu W. (2022).Environmental legitimacy pressure, political connection and impression management of carbon information disclosure. Carbon Management, 13(1), 90-104.