The Effect of Government Regulation in China on the Relationship between Carbon Risk Awareness and Corporate Performance  

作　　者：Khalid ALSAKEB Ali AHMADI Tijani AMARA Ahamed ABDULLAHQ 

机构地区：[1]Accounting Department,Business College King Khalid University,Abha,Saudi Arabia [2]Higher Institute of Business Administration of Gafsa University of Gafsa,Avenue Houcine Ben Kaddour Sidi Ahmed Zarrouk,2112 Gafsa,Tunisia [3]Accounting Department,Administrative and Economic College Shabwah University,Ataq,Yemen

出　　处：《Chinese Journal of Urban and Environmental Studies》2024年第4期90-110,共21页中国城市与环境研究(英文)

基　　金：the Deanship of Research and Graduate Studies at King Khalid University for funding this work through the Large Group Project under Grant No. (594/45)

摘　　要：In a sustainable economy, each company's level of carbon risk can change from period to period,but few studies have examined the association among a company's carbon risk awareness and its level of environmental, social, and governance(ESG) performance. This article studies the effect of corporate-level carbon risk awareness on the ESG performance of China's A-share listed companies during the period of 2013–2022. The results show a positive effect of carbon risk awareness on the level of companies' ESG performance. The results also show that media coverage has a significant moderating effect on the relationship between carbon risk awareness and ESG performance. The authors present three factors through which carbon risk awareness affects ESG performance:(i) recognizing high carbon risks allows companies to decrease pollutants and greenhouse gas(GHG) emissions and increase environmental(E) scores;(ii) high carbon risk awareness encourages companies to take responsibility for social employment and improve social(S) outcomes;(iii) higher carbon risk awareness leads to better established sustainable management and higher governance(G) scores. This study plays a significant guiding role in improving corporate ESG practices.

关 键 词：Carbon risk awareness PERFORMANCE ESG China 

分 类 号：D630[政治法律—政治学] F272.5[政治法律—中外政治制度] X322[经济管理—企业管理]