Title: Carbon accounting disclosure and corporate governance: an empirical study in Kuwaiti firms

Authors: Abdullah E. Alajmi; Andrew C. Worthington

Addresses: Department of Accounting, Public Authority for Applied Education and Training, P.O. Box 23167, Safat, 13092, Kuwait ' Department of Accounting, Finance and Economics, Griffith University, 170 Kessels Road, Nathan QLD 4111, Australia

Abstract: The study explores the link between carbon accounting and corporate governance in Kuwaiti firms, utilising both quantitative and qualitative methods. Employing fixed-effect regression, descriptive statistics, correlation analysis, and thematic analysis, the research identifies a positive association between carbon accounting disclosure and corporate governance practices. The relationship is influenced by factors like firm size, industry sector, and the regulatory environment. The implications suggest valuable insights for policymakers and stakeholders in Kuwait, offering a foundation for developing policies that foster corporate governance and carbon accounting disclosure. Ultimately, this study underscores the significance of carbon disclosure in Kuwaiti companies, indicating that those revealing their carbon emissions are more likely to exhibit robust corporate governance practices, with potential benefits including informed decision-making, risk reduction, and enhanced overall performance.

Keywords: carbon accounting; corporate governance; Kuwaiti firms; self-reported data; regulatory environment.

DOI: 10.1504/IJEA.2024.144236

International Journal of Economics and Accounting, 2024 Vol.12 No.2, pp.143 - 158

Received: 09 Aug 2023
Accepted: 17 Nov 2023
Published online: 03 Feb 2025 *

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