The impact of the consistency of carbon performance and carbon information disclosure on enterprise value

Abstract

This study applies representative and quantifiable indicators to measure carbon performance and uses crawler technology to determine whether carbon information is disclosed in 2009-2017 manufacturing CSR reports to study the measure of the consistency of carbon performance and carbon information disclosure on enterprise value. The results show that the consistency of corporate carbon performance and carbon information disclosure has a more significant positive impact on corporate value and that this promotional effect is more obvious among non-state-owned enterprises and companies with high levels of corporate governance.