Downar, Benedict; Ernstberger, Jürgen; Reichelstein, Stefan - In: Review of Accounting Studies 26 (2021) 3, pp. 1137-1175
We examine the impact of a disclosure mandate for greenhouse gas emissions on firms’ subsequent emission levels and financial operating performance. For UK-incorporated listed firms a carbon disclosure mandate was adopted in 2013. Our difference-in-differences design shows that firms affected...