Voluntary disclosure of scope 3 greenhouse gas emissions and earnings management: Evidence from UK companies
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Tarih
2023
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Taylor & Francis As
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
Climate change information, especially greenhouse gas (GHG) emissions disclosures (Scopes 1, 2 and 3), has recently attracted considerable interest from investors, companies, regulators, and other stakeholders. This study examines the relationship between voluntary scope 3 GHG emissions disclosure and earnings management (EM), proxied by accruals-based earnings management (AEM) and real earnings management (REM). Based on a sample of 2,100 firm-year observations for 420 non-financial UK-listed firms over the period 2016-2020, we find a negative but insignificant relationship between voluntary scope 3 GHG emissions disclosure and EM. Our results are robust to alternative sensitivity tests. Our findings imply that voluntary environmental disclosure (scope 3 GHG emissions) is not a determining factor for UK firms to engage in EM.
Açıklama
Anahtar Kelimeler
voluntary disclosure, scope 3 emissions disclosure, voluntary environmental disclosure, accrual-based earnings management, real earnings management, UK
Kaynak
Cogent Business & Management
WoS Q Değeri
Q2
Scopus Q Değeri
Q2
Cilt
10
Sayı
3
