期刊論文
| 學年 | 115 |
|---|---|
| 學期 | 1 |
| 出版（發表）日期 | 2026-09-01 |
| 作品名稱 | How do suppliers perceive the carbon disclosure quality in China? Examine the double-edged effect of corporate carbon assurance |
| 作品名稱（其他語言） | |
| 著者 | Haodong Chang; XueHui Zhang; Kun-Shan Wu |
| 單位 | |
| 出版者 | |
| 著錄名稱、卷期、頁數 | International Review of Economics and Finance 110, p.105627 |
| 摘要 | Stakeholders' increasing demands for credible and legitimate carbon reporting have necessitated carbon assurance (CAS)—a crucial mechanism to enhance the trustworthiness of firms' carbon disclosures. However, existing research has paid limited attention to the financial consequence of CAS, particularly overlooked the resources and costs associated with assured carbon reporting. To clarify how suppliers respond to firms' CAS engagement when extending trade credit (TC), this study proposes and empirically confirms an inverted U-shaped CAS-TC relationship, using panel regression based on Chinese A-share listed firms in 2018-2023. Further, information asymmetry and firm-specific risk mediate their non-linear association. The inversed U-shaped CAS-TC relationship persists across multiple model specifications and becomes more pronounced in non-state-owned firms and in environmentally sensitive industries. Overall, the findings reconcile theoretical arguments of either a positive or a negative effect, revealing the double-edged nature of CAS on firms' access to trade credit: While moderate CAS enhances credibility and expands suppliers’ TC provision, excessive assurance efforts may be signal “over-commitment” with unnecessary costs, thereby reducing TC. |
| 關鍵字 | Trade credit; Carbon assurance; Information asymmetry; U-shaped; Double-edged effect |
| 語言 | en |
| ISSN | |
| 期刊性質 | 國外 |
| 收錄於 | SSCI Scopus |
| 產學合作 | |
| 通訊作者 | Kun-Shan Wu |
| 審稿制度 | 是 |
| 國別 | NLD |
| 公開徵稿 | |
| 出版型式 | ,電子版 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/129641 ) |