IFRS 16 meets ESG: Lease accounting and sustainability

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-10-15 DOI:10.1016/j.frl.2025.108700

Akhil Sharma , Manish Bansal , Asgar Ali

引用次数: 0

Abstract

This study examines the impact of IFRS 16 lease accounting on corporate ESG scores. Using a difference-in-differences approach on BSE-listed companies, we find that lease-intensive firms experienced a significant improvement in ESG scores following the adoption of IFRS 16. The effect is notably stronger in high-growth firms, suggesting that market dynamics amplify the response to accounting change. To validate our findings, we employ entropy balancing to address potential endogeneity and confirm the robustness of the results. This research contributes to the literature by highlighting how specific accounting reforms can drive sustainability outcomes, particularly in emerging markets, and offers practical implications for investors, regulators, and firms navigating the evolving ESG landscape.

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IFRS 16符合ESG：租赁会计和可持续性

本研究考察了IFRS 16租赁会计对企业ESG得分的影响。采用差异中的差异方法，我们发现在采用国际财务报告准则第16号之后，租赁密集型公司的ESG得分显著提高。这种效应在高增长公司中尤为明显，这表明市场动态放大了对会计变化的反应。为了验证我们的发现，我们采用熵平衡来解决潜在的内生性，并确认结果的稳健性。本研究通过强调具体的会计改革如何推动可持续性成果（特别是在新兴市场），为文献做出了贡献，并为投资者、监管机构和企业在不断变化的ESG环境中导航提供了实际意义。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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