Peer effect on climate risk information disclosure

作     者：Yanxi Li Duo Wang Delin Meng Yunge Hu 

作者机构：School of Economics and ManagementDalian University of TechnologyDalianChina 

出 版 物：《China Journal of Accounting Research》 (中国会计学刊（英文版）)

年 卷 期：2024年第17卷第3期

页      面：168-197页

学科分类：12[管理学] 0202[经济学-应用经济学] 02[经济学] 1201[管理学-管理科学与工程(可授管理学、工学学位)] 020205[经济学-产业经济学] 020204[经济学-金融学（含∶保险学）] 

基　　金：funded by grants from the National Social Science Foundation of China(No.18ZDA095,No.21BJY080 and No.22CJY049) the Social Science Planning Fund of Liaoning Province(No.L22ZD039) 

主　　题：Climate Risk Information Disclosure Peer Effect Institutional Pressure Cost-Benefit 

摘      要：In this study,we examine the peer effect on climate risk information disclosure by analyzing A-share listed companies in *** find that industry peers influence target firms’climate risk information disclosure through active(passive)imitation resulting from cost-benefit considerations(institutional pressures).Leader companies are more likely to be emulated by within-industry follower companies and target firms prefer to learn from similar withinindustry *** overconfidence and performance pressure negatively affect target firms’willingness to emulate their ***,the peer effect of climate risk information disclosure demonstrates a regional *** findings have implications for reasonable climate risk information disclosure at the micro level and effective regulation to move toward achieving carbon peak/neutrality at the macro level.