Work

Climate risk disclosure and greenwashing: Evidence from Chinese A-share listed companies

Year: 2025

Type: article

Abstract: Climate change is a significant global challenge that affects corporate financial performance, business objectives, and societal sustainability. This study examines the relationship between climate risk disclosure (CRD) and greenwashing among A-share listed companies in China, with a comparison between large and small firms. Using data from the LSEG and CSMAR databases covering the period 2016–2022, we investigate the potential of CRD to mitigate greenwashing. Furthermore, we analyze the moderating role of gender quotas in this relationship. Our findings indicate that CRD can reduce greenwashing and that gender quotas exert a nonlinear moderating effect. This research provides theoretical insights into the direct link between climate risk and greenwashing and offers practical implications for policymakers and regulators seeking to promote sustainable business practices and enhance corporate competitiveness through gender diversity.

Source: International Review of Economics & Finance

DOI: 10.1016/j.iref.2025.104568

Authors: Enrico Battisti, Shaocong Bo, Anastasia Giakoumelou

Institutions: University of Turin, Ca' Foscari University of Venice

Language: English

Topic: Corporate Social Responsibility Reporting

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Climate action

Open Access status: gold

Estimated APC paid: $1,930