Academic Journal of Business & Management, 2024, 6(7); doi: 10.25236/AJBM.2024.060719.
Li Jingjing, Chen Xiaobei
Guangzhou Huashang College, Guangzhou, Guangdong, 511300, China
Realizing high-quality growth necessitates achieving economic development with low carbon emissions. Enterprises, as the primary drivers of energy conservation and emission reduction in China, should proactively engage with China's carbon reduction initiatives and contribute to the realization of the "dual carbon" goal. This study empirically examines listed companies in the electricity and heat production and supply industry on the A-share market of the Shanghai and Shenzhen stock exchanges from 2019 to 2023, as classified by CSRC. The findings indicate that high-quality carbon information disclosure significantly enhances a company's financial performance, aiming to incentivize enterprises to improve their carbon information disclosure quality.
carbon information disclosure quality; enterprise financial performance; green development
Li Jingjing, Chen Xiaobei. Carbon Information Disclosure Quality and Corporate Financial Performance-Based on Empirical Data from the Electricity and Heat Production and Supply Industry. Academic Journal of Business & Management (2024) Vol. 6, Issue 7: 139-145. https://doi.org/10.25236/AJBM.2024.060719.
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