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Managerial climate attention and corporate carbon emissions: Sincerity or disguise？

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  • Zhang, Yunhan
  • Zhao, Yu
  • Zheng, Qian

Abstract

This paper empirically examines the impact of managerial climate attention on corporate carbon emissions and related mechanisms using panel data of Chinese A-share listed companies. It is found that managerial climate attention significantly negatively impacts corporate carbon emissions. The mechanism analysis shows managerial climate attention can reduce carbon emissions by promoting corporate green innovation. Managerial myopia, investor concern, and corporate governance capabilities can moderate the impact of managerial climate attention. Our results demonstrate that managerial climate attention can be an internal driver for corporate carbon emission reduction. This study provides good theoretical and empirical evidence for corporate climate governance.

Suggested Citation

  • Zhang, Yunhan & Zhao, Yu & Zheng, Qian, 2024. "Managerial climate attention and corporate carbon emissions: Sincerity or disguise？," International Review of Economics & Finance, Elsevier, vol. 94(C).
    • Handle: RePEc:eee:reveco:v:94:y:2024:i:c:s1059056024004131
    DOI: 10.1016/j.iref.2024.103421
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    More about this item

    Keywords

    Managerial climate attention; Corporate carbon emission; Corporate green innovation; Corporate governance;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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