Research on the relationship between varbon information disclosure,technological innovation and enterprise performance in high-carbon industries
TANG Xiuwei
HE Shimiao
Abstract：This research conducts a comprehensive review of the literature concerning carbon accounting information disclosure both domestically and internationally.Utilizing the theoretical foundation of green innovation,it selects listed companies in high-carbon sectors on the Shanghai and Shenzhen A-share markets from 2016 to 2023 as the sample.By integrating Python web crawlers with manual checks,it extracts keywords related to"carbon"and employs content analysis to develop an evaluation system for disclosure quality,comprising 5 key dimensions and 20 observation indicators.The study innovatively examines the dual aspects of value creation,dividing performance into financial and market performance.Empirical findings indicate that carbon accounting information disclosure significantly and positively influences both financial and market performance.The relationship between carbon accounting information disclosure and corporate performance varies notably among enterprises with different ownership structures,with non-state-owned enterprises showing more pronounced effects than state-owned ones.Additionally,investment in innovative resources positively moderates the impact of carbon accounting information disclosure on enhancing corporate performance.
Keywords：carbon disclosurefinancial performancemarket performancetechnological innovationvalue creation
Publication Date：2025-11-28
Online Publishing Date：2025-12-18(First online date of this platform, not the publication date of the document)
Pages：10( 151-160 )