Corporate carbon emissions management and the disclosure of key audit matters
The principle that sustainable development can foster high-quality corporate growth has gained popularity as a tool for environmental protection. Utilizing data of firms listed on Shanghai Stock Exchange and Shenzhen Stock Exchange from 2010 to 2020, this study investigates the impact of corporate c...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Frontiers Media S.A.
2024-04-01
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| Series: | Frontiers in Environmental Science |
| Subjects: | |
| Online Access: | https://www.frontiersin.org/articles/10.3389/fenvs.2024.1381466/full |
| _version_ | 1797214953756688384 |
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| author | Guoqing Wang Maoguo Wu |
| author_facet | Guoqing Wang Maoguo Wu |
| author_sort | Guoqing Wang |
| collection | DOAJ |
| description | The principle that sustainable development can foster high-quality corporate growth has gained popularity as a tool for environmental protection. Utilizing data of firms listed on Shanghai Stock Exchange and Shenzhen Stock Exchange from 2010 to 2020, this study investigates the impact of corporate carbon emissions management (CCEM) on the disclosure of key audit matters (KAMs). The findings indicate that CCEM can significantly elevate the adequacy of disclosure concerning KAMs. Tests on underlying mechanism underscore that accounting conservatism and audit quality serve as pivotal channels through which CCEM facilitates the disclosure of KAMs. Further analysis on economic consequences reveals that the disclosure of KAMs helps mitigate stock price crash risk while enhancing environmental, social, and governance performance. This study enriches research on factors influencing the disclosure of KAMs, concurrently providing valuable insights for advancing high-quality corporate development and facilitating communication between auditors and users of audit reports. |
| first_indexed | 2024-04-24T11:22:22Z |
| format | Article |
| id | doaj.art-485b600b0f3e470fa3c979c36a396069 |
| institution | Directory Open Access Journal |
| issn | 2296-665X |
| language | English |
| last_indexed | 2024-04-24T11:22:22Z |
| publishDate | 2024-04-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Environmental Science |
| spelling | doaj.art-485b600b0f3e470fa3c979c36a3960692024-04-11T04:32:30ZengFrontiers Media S.A.Frontiers in Environmental Science2296-665X2024-04-011210.3389/fenvs.2024.13814661381466Corporate carbon emissions management and the disclosure of key audit mattersGuoqing Wang0Maoguo Wu1School of Economics and Management, Heilongjiang Bayi Agricultural University, Daqing, Heilongjiang, ChinaSILC Business School, Shanghai University, Shanghai, ChinaThe principle that sustainable development can foster high-quality corporate growth has gained popularity as a tool for environmental protection. Utilizing data of firms listed on Shanghai Stock Exchange and Shenzhen Stock Exchange from 2010 to 2020, this study investigates the impact of corporate carbon emissions management (CCEM) on the disclosure of key audit matters (KAMs). The findings indicate that CCEM can significantly elevate the adequacy of disclosure concerning KAMs. Tests on underlying mechanism underscore that accounting conservatism and audit quality serve as pivotal channels through which CCEM facilitates the disclosure of KAMs. Further analysis on economic consequences reveals that the disclosure of KAMs helps mitigate stock price crash risk while enhancing environmental, social, and governance performance. This study enriches research on factors influencing the disclosure of KAMs, concurrently providing valuable insights for advancing high-quality corporate development and facilitating communication between auditors and users of audit reports.https://www.frontiersin.org/articles/10.3389/fenvs.2024.1381466/fullcorporate carbon emissions managementdisclosure of key audit mattersaccounting conservatismaudit qualityChina |
| spellingShingle | Guoqing Wang Maoguo Wu Corporate carbon emissions management and the disclosure of key audit matters Frontiers in Environmental Science corporate carbon emissions management disclosure of key audit matters accounting conservatism audit quality China |
| title | Corporate carbon emissions management and the disclosure of key audit matters |
| title_full | Corporate carbon emissions management and the disclosure of key audit matters |
| title_fullStr | Corporate carbon emissions management and the disclosure of key audit matters |
| title_full_unstemmed | Corporate carbon emissions management and the disclosure of key audit matters |
| title_short | Corporate carbon emissions management and the disclosure of key audit matters |
| title_sort | corporate carbon emissions management and the disclosure of key audit matters |
| topic | corporate carbon emissions management disclosure of key audit matters accounting conservatism audit quality China |
| url | https://www.frontiersin.org/articles/10.3389/fenvs.2024.1381466/full |
| work_keys_str_mv | AT guoqingwang corporatecarbonemissionsmanagementandthedisclosureofkeyauditmatters AT maoguowu corporatecarbonemissionsmanagementandthedisclosureofkeyauditmatters |