أثر تبني محاسبة الكاربون على شفافية التقارير المالية : دليل من المملكة المتحدة

الملخص EN

This paper aims to identify the effect of the adoption of carbon allowances on the transparency of accounting numbers as a proxy for the quality of financial reports.

The researchers use data of British companies working in the most polluting sectors.

Financial data of 1275 companies was used for the period from 2002-2014.

The transparency of the accounting numbers was measured by the model of Barth et al.

(2013), which focuses on the relationship between the outputs of the accounting system represented by profits and the response of these markets to accounting profits through stock returns.

The researchers concluded that the transparency of the financial reports of British companies did not improve, and thus the quality of these reports.

This is due to the fact that the information environment of British companies is already good, and they have all the requirements of the quality of financial reports, and therefore the adoption of the carbon allowances trading accounting system is reflected in the transparency of financial reports.