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Negative publicity on corporate carbon practices and peer firms' strategic carbon disclosure: An international study
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- Author(s) / Creator(s)
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SSHRC IG awarded 2024: Recent decades have experienced increasing attention to the carbon footprints of economic activities from regulators,
researchers, the investment community, and the general public. Large corporations such as Exxon Mobil have been negatively
publicized in headlines of business press for their carbon emission practices. Existing research documents that an event
centered on one firm can affect its peer firms, a phenomenon known as spillover effect. The proposed research will examine
the spillover effects of negative media coverage of corporate carbon practices on peer firms and the peer firms' strategic
carbon disclosure in response to such negative news. We adopt an international setting because, with social media, negative
public opinions on carbon practices of one firm can be transmitted and amplified around the world within seconds. In
addition, carbon disclosure has gained prevalence in the global corporate landscape.The proposed research will use manually collected data as well as well-established commercial databases to answer this
empirical question. We will use the rich international setting to further examine the local versus global spillover effects of
corporate carbon practices. This project will also construct a publicly available comprehensive database of negative media
coverage of corporate carbon practices. -
- Date created
- 2023-09-25
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- Type of Item
- Research Material
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- License
- ©️Ke, Wang. All rights reserved other than by permission. This document embargoed to those without UAlberta CCID until 2032.