Management Quality and Carbon Emission Disclosures

管理品質與碳排放揭露

10.6538/TAR.202312_19(2).0001

Shu-Miao Lai(賴淑妙)；Chih-Liang Liu(劉志諒)

Management quality ； carbon emission disclosure ； market value ； 管理品質 ； 碳排放揭露 ； 市值

中華會計學刊

19卷2期（2023 / 12 / 01）

139 - 179

英文;繁體中文

Our paper explores the association between management quality and carbon emission disclosures. We assert that high-quality managers have more abilities and resources to measure and manage their firm's carbon emissions, leading to increased voluntary carbon emission disclosures. As expected, our results show that high-quality management is positively associated with the likelihood of carbon emission disclosures. After controlling for self-selection bias, we further find that high-quality management can enhance the positive effects of carbon emission disclosures on market value. Finally, we observe that high-quality managers are positively associated with reduced carbon emissions. Overall, our study offers an incremental contribution to the extant literature by showing that management quality is a key factor driving carbon emission disclosures.

本論文主要探討管理品質與碳排放揭露間關係。本文推論高品質的管理團隊擁有更多的能力與資源以進行公司的碳排放檢測與管理，因而增加自願性的碳排放揭露。如同研究預期，本研究的結果顯示高品質的管理團隊與碳排放揭露呈正相關。在控制自我選擇偏差後，本文進一步發現高品質的管理團隊可以增強碳排放揭露對市值的正面影響。最後，本研究發現高品質的管理團隊與減少碳排放呈正相關。總而言之，本研究顯示管理品質為影響碳排放揭露的關鍵因素，對現有文獻提供了增額貢獻。