Earnings Management and Carbon Disclosure:The Moderating Role of Corporate Governance Structure
Enterprises are an important engine of economic growth,expansion and innovative change in a country,and they are also the basic unit of greenhouse gas emissions such as carbon dioxide.At present,carbon emissions have become a global challenge to the sustainable development of human society,and more and more investors,regulators and other stakeholders have demanded that enterprises should pay at-tention to both economic efficiency and social responsibility.The article selects listed companies in China's high-carbon emission industry from 2012 to 2020 as the research object to investigate the impact of sur-plus management on carbon disclosure,and the moderating effect of corporate governance structure on car-bon disclosure and surplus management.The results show that:(1)the greater the degree of surplus man-agement,the less carbon information disclosure;(2)the larger the size of the board of directors and the greater the independence of the board of directors,the inverse contribution of surplus management to carbon information disclosure will be strengthened;(3)the chairman of the board of directors also serves as the CEO,and the greater the proportion of director's shareholding,the inverse contribution of surplus management to carbon disclosure will be weakened;(4)the frequency of board of directors'meetings does not affect the inverse contribution of surplus management to carbon information disclosure.The frequency of board meeting does not affect the reverse promo-tion effect of surplus management on carbon information disclosure.
万方数据
维普
