Investigating investor attention to carbon risk from a supply chain perspective
Nan Yin and
Yingming Zhu
International Review of Financial Analysis, 2024, vol. 96, issue PA
Abstract:
This paper examines the relationship between shareholder ownership and the intensity of corporate carbon emissions. The results indicate a significant negative correlation between shareholder ownership and carbon emissions intensity, thereby confirming the crucial role of shareholders in advancing corporate environmental responsibility. The study further explores the moderating effects of supply chain concentration, supply and sales relationships, and supply chain resilience on the aforementioned relationship, highlighting the key role of supply chain characteristics in managing carbon risk. Additionally, it was found that these moderating effects positively impact the efficiency of corporate resource allocation and enhance innovation capabilities, providing a multidimensional strategic perspective for businesses in carbon risk management.
Keywords: Shareholder ownership; CO2emission intensity; Carbon risk; Supply chain; Corporate performance (search for similar items in EconPapers)
JEL-codes: G32 M14 Q54 Q56 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finana:v:96:y:2024:i:pa:s1057521924005623
DOI: 10.1016/j.irfa.2024.103630
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