This study investigates whether the political leaning of the state where a given firm is headquartered is related to that firm’s decision to voluntarily disclose information about the firm’s carbon emissions. Our study includes a sample of U.S. firms (the S&P 500) surveyed by the Carbon...

Climate change carries risks that need to be mitigated by all parties, including companies because it affects company value. Many studies find that voluntary disclosure positively affects firm value in developing countries. This study aims to examine the effect of voluntary disclosure (CSR and...