This study examines the joint effect of carbon disclosure and greenhouse gas (GHG) emission on firms implied cost of equity capital (COC). Based on 4,655 firm-year observations across 34 countries, we find firms' GHG emission intensity to be positively associated with COC. However, we find also...

This study examines the impact of carbon disclosure and greenhouse gas (GHG) emission intensity on the implied cost of equity capital based on a global sample. Our sample consists of 6,214 firm-year observations across 34 countries over the period of 2009-2015. We find firms' carbon disclosure...

Although prior research has examined corporate governance, few studies explicitly examine governance dedicated to sustainability issues. This paper examines (i) the combined impact of different carbon-embedded governance mechanisms (CGM) on carbon disclosure and (ii) the effect of CGM on the...

Accounting technologies can be used to help stimulus packages achieve the twin goals of economic stimulus and climate mitigation. Utilizing an institutional logic perspective, we show that despite the massive financial consequences of climate change, the current climate response is dominated by...