Title: Corporate carbon disclosure, carbon performance and corporate firm performance

Authors: Yasean A. Tahat; Ghassan H. Mardini

Addresses: College of Business Administration, Gulf University for Science and Technology, P.O. Box 7207 Hawally 32093, Kuwait ' College of Business and Economics, Qatar University, P.O. Box 2713, Qatar

Abstract: The primary objective of this study is to examine the current state of corporate carbon disclosure (CCD) among a sample of FTSE 350 non-financial firms. It also investigates the effect of CCD on firms' carbon emission performance and corporate financial performance (CFP). This study adopts a quantitative approach to fulfil its aims. In particular, it quantifies the level of CCD reported by non-financial companies listed in the FTSE 350. A number of regression models are developed to examine relationships that are assumed. The results demonstrate that CCD can significantly enhance a firm's carbon performance. Further, the findings reveal that CCD can boost firms' financial performance. The findings provide some policy implications for regulators, preparers, and investors on the usefulness of voluntary disclosure, including carbon information.

Keywords: corporate carbon disclosure; CCD; carbon performance; corporate firm performance; FTSE; UK.

DOI: 10.1504/IJSE.2021.116634

International Journal of Sustainable Economy, 2021 Vol.13 No.3, pp.219 - 235

Received: 04 Aug 2020
Accepted: 26 Dec 2020

Published online: 19 Jul 2021 *

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