IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v73y2025ics1544612324016805.html
   My bibliography  Save this article

Corporate carbon emissions disclosure and stock price informativeness

Author

Listed:
  • Dai, Shuo
  • Sun, Yonghe

Abstract

Against the backdrop of heightened public awareness of environmental issues and climate change, this study examines the implication of corporate carbon emissions disclosure for stock price informativeness. Taking advantage of a research sample of listed firms in China from 2011 to 2022, this research presents robust evidence that carbon emissions disclosure is positively correlated with the information content included in stock prices. This relationship is weaker among non-manufacturing firms and firms with strong internal monitoring. Our findings hold across multiple econometric tests. In summary, this study contributes to the literature on sustainability and stock price informativeness.

Suggested Citation

  • Dai, Shuo & Sun, Yonghe, 2025. "Corporate carbon emissions disclosure and stock price informativeness," Finance Research Letters, Elsevier, vol. 73(C).
    • Handle: RePEc:eee:finlet:v:73:y:2025:i:c:s1544612324016805
    DOI: 10.1016/j.frl.2024.106651
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612324016805
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.frl.2024.106651?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finlet:v:73:y:2025:i:c:s1544612324016805. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/frl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.